Hut 8 hires NextEra veteran Mark Eidelman to lead investor relations amid AI infrastructure pivot

The partnership could accelerate AI infrastructure innovation, influencing tech supply chains and potentially reshaping competitive dynamics in AI hardware. The post Foxconn partners with Intel to develop next-gen AI infrastructure appeared first on Crypto Briefing.

NextEra and Dominion announce plans to create a $420bn giant

The partnership could accelerate AI infrastructure innovation, positioning both companies as key players in the evolving AI ecosystem. The post Foxconn partners with Intel to co-develop AI infrastructure at Computex 2026 appeared first on Crypto Briefing.

Strategy’s Bitcoin paper loss tops $11 billion as Saylor pointed to ETF outflows and AI infrastructure spending as factors pressuring BTC.

Marvell's surge highlights the growing importance of AI infrastructure, potentially reshaping market dynamics and investment strategies. The post Marvell stock surges 33% after Nvidia CEO calls it a potential trillion-dollar company appeared first on Crypto Briefing.

Alphabet has announced plans to raise $80 billion through a stock sale to fund AI infrastructure expansion, including a $10 billion tranche sold directly to Berkshire Hathaway. The Google parent said AI demand from enterprises and consumers is currently exceeding available supply, making the capital raise necessary to scale foundational compute capacity. CEO Sundar Pichai […]

Alphabet, the parent company of Google, announced Monday it is raising $80 billion in new equity capital to expand its artificial intelligence infrastructure, with Berkshire Hathaway Inc. participating in a $10 billion private placement. According to a new press release, Berkshire says it will purchase $5 billion in Alphabet Class A common stock at $351.81 […] The post Warren Buffett’s Berkshire Hathaway To Acquire $10,000,000,000 Worth of Alphabet Stock As Google Ramps Up AI Infrastructure Investment appeared first on The Daily Hodl.

Rolling coverage of the latest economic and financial news Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The economics of the AI boom are back in focus today, after Google’s parent company Alphabet said it plans to raise up to $80bn in equity to fund its vast AI infrastructure investments. AI is driving an expansionary moment for Alphabet. The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company’s available supply. By scaling its investments, the company seeks to expand its foundational infrastructure to support the significant growth opportunity ahead. “Funding of the AI capex boom is becoming an increasingly key topic for markets.” 9.30am BST: Bank of England mortgage approvals and consumer credit data 9.45am BST: Treasury Committee session on student loans 10am BST: Eurozone inflation report for May 3pm BST: US JOLTS vacancies repo