Compal, Verda Partner for GPU Servers; Nvidia Invests $2.1B in IREN
Compal Electronics and Verda partner to supply next-gen GPU servers for AI infrastructure in Europe and APAC. Nvidia invests up to $2.1 billion in IREN for AI data centers.
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Compal Electronics and Verda partner to supply next-gen GPU servers for AI infrastructure in Europe and APAC. Nvidia invests up to $2.1 billion in IREN for AI data centers.
Compal Electronics will supply GPU servers to Verda, while DeepSeek raises over $7 billion. Akamai surges 20% on $1.8B deal, CoreWeave slides on guidance miss.
Compal Electronics will supply next-gen GPU servers to Verda for European and APAC AI cloud expansion. Anthropic commits $200 billion to Google's cloud and TPU chips, while also tapping SpaceXAI's Colossus 1 supercompute
Bitwise Asset Management CEO Hunter Horsley says DeFi is going mainstream with stablecoins and tokenized assets, even as North Korean exploits of Drift Protocol and Kelp DAO caused ~$600M in losses.
The Senate considers the CLARITY Act for broader crypto regulation after the GENIUS Act spurred 49% stablecoin market growth to $306B. Sen. Gillibrand demands an ethics provision, while Circle and Ripple secure national
Samsung reached a $1 trillion market value, driven by the AI boom and demand for its high-margin HBM chips. The milestone underscores the semiconductor sector's rally fueled by AI data center needs.
Kevin Warsh's nomination to replace Jerome Powell as Fed Chair advances, raising concerns over rate cuts amid U.S.-backed war with Iran. S&P 500 trades at 20.9 times forward earnings, above the 10-year average of 18.9.
Kevin Warsh's nomination to replace Jerome Powell as Fed Chair raises concerns over rate cuts, while the S&P 500's forward P/E of 20.9x exceeds its 10-year average of 18.9x, signaling vulnerability to higher rates.
Sen. Gillibrand is pushing for an ethics provision in the CLARITY Act, delaying broader crypto market structure legislation. The stablecoin market grew 49% to $306 billion after the GENIUS Act passed.
Probability of a Fed rate hike in 2026 rose from 0% to 10% after Powell's press conference, driven by inflation risks from the Iran war and oil spike. JPMorgan flags a key bond yield turning positive for first time since
ASML's monopoly on EUV lithography machines is challenged by startup Substrate, valued at $1B. Meanwhile, Big Tech's $600B AI infrastructure spending in 2026 boosts AMD and Marvell.
Anthropic will tap into xAI's Colossus 1 supercomputer, gaining over 300 megawatts of capacity and 220,000 Nvidia GPUs to ease infrastructure strain from high Claude demand.
Anthropic commits $200 billion to Google's AI cloud and TPU chips, while signing a compute deal with SpaceXAI using xAI's Colossus 1 supercomputer, which has sparked pollution protests.
Anthropic committed $200 billion to Google Cloud for AI services and TPU chips, and struck a deal with SpaceX to access 300 megawatts of compute from xAI's Colossus 1 data centre.
Tetra Trust, backed by Shopify and National Bank of Canada, launched CADD, Canada's first regulated stablecoin. The CAD-pegged token aims to modernize cross-border settlement and corporate treasury, targeting $424 billio
SAP buys Prior Labs for over €1 billion to build a frontier AI lab in Europe. Sierra raises $950 million at a $15.8 billion valuation for AI customer service agents.
Samsung's market cap reached $1 trillion as AI demand for high-bandwidth memory (HBM) chips surges. The company, along with SK Hynix and Micron, is racing to meet data center needs.
Samsung reached $1 trillion market value driven by AI demand for HBM chips, while Nvidia underperforms despite its central role in AI.
SageOX emerged from stealth with $15 million seed round led by Canaan to address AI agent context and memory issues. Meanwhile, a F5 report finds 78% of organizations now run AI inference as a core operation.
Chancellor Reeves plans to break the link between gas and electricity prices, aiming to lower consumer bills. The move could reshape the UK energy market.
Kevin Warsh's nomination to replace Jerome Powell as Fed Chair advances, with the S&P 500 trading at 20.9 times forward earnings above its 10-year average of 18.9. Elevated inflation risks from geopolitical tensions coul
Disney reported $25.17 billion in quarterly revenue, beating expectations, as streaming operating income jumped 88% to $582 million. Shares rose 7% in early trading.
Coinbase CLO Grewal predicts the CLARITY Act will pass this summer and supports the GENIUS Act stablecoin framework, urging banks to accept the compromise. Over half of internet traffic is now non-human, per Cloudflare.
Anthropic faces capacity constraints as AI demand surges 80-fold, while xAI's rapid data center build-out gives it a competitive edge. 78% of enterprises now run inference in-house.