Fermi Stock Falls After Strong Debut. AI Infrastructure Is Still Red Hot. Barron’s Rick Perry’s Fermi cashes in on AI frenzy, valued at $15B in Nasdaq debut Yahoo Finance IPO Backed By Former Texas Governor, Energy Secretary Mints Three Billionaires Forbes Fermi IPO Is a Risky Bet on AI Power. The Stock Soared 55% in Its Debut. Barron’s Rick Perry-backed Fermi REIT raises $682 …
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‘Ride the Surge in AI Infrastructure Spending,’ Says Citi About Nvidia Stock
Nvidia (NASDAQ:NVDA) is poised to capitalize on a surge in AI infrastructure spending over the next few years. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. That’s the rationale behind the latest price target hike from Citi’s Atif Malik, an …
Read More »Trump Administration to Withhold $18 Billion for N.Y.C. Infrastructure – The New York Times
Trump Administration to Withhold $18 Billion for N.Y.C. Infrastructure The New York Times White House freezes $18 billion in New York City infrastructure funding NBC News Trump to withhold billions of dollars from Gateway tunnel and Second Ave. subway projects Politico Trump administration freezes $18 billion in New York City infrastructure projects, Vought says CNBC Trump team puts on hold $18 billion in funding …
Read More »White House freezes $18 billion in New York City infrastructure funding
White House budget director Russell Vought said Wednesday that the Trump administration was putting on hold billions of dollars of funding for infrastructure projects in New York City, hours after the federal government shut down. Vought wrote on X that he would be pausing $18 billion in funding for infrastructure projects to “ensure” that the money was not “flowing based …
Read More »Trump administration freezes New York City infrastructure funds
Director of the US Office of Management and Budget (OMB) Russell (Russ) Vought speaks to reporters outside the West Wing of the White House on July 17, 2025, in Washington, DC. Andrew Caballero-Reynolds | Afp | Getty Images The Trump administration has frozen about $18 billion for two major infrastructure projects in New York City to ensure that funding is …
Read More »CoreWeave signs $14 billion AI infrastructure deal with Meta – Reuters
CoreWeave signs $14 billion AI infrastructure deal with Meta Reuters CoreWeave stock climbs 13% after company lands $14 billion deal with Meta CNBC CoreWeave stock surges as reported $14 billion Meta deal signals ‘limitless’ AI demand Yahoo Finance CoreWeave Stock Jumps On Expanded Meta Cloud Computing Agreement Investor’s Business Daily CoreWeave Inks $14 Billion Meta Deal, Highlighting AI Demand Bloomberg.com Source link
Read More »Swift to add blockchain-based ledger to its infrastructure stack in groundbreaking move to accelerate and scale benefits of digital finance across more than 200 countries and territories worldwide – Homepage | Swift
Swift to add blockchain-based ledger to its infrastructure stack in groundbreaking move to accelerate and scale benefits of digital finance across more than 200 countries and territories worldwide Homepage | Swift Swift To Build a Blockchain-Based Ledger For Financial Firms Bloomberg.com Swift experiments with onchain migration using Ethereum Layer 2 Linea: report theblock.co Ripple’s XRP Poised to Revolutionize Global Payments Amidst Regulatory Clarity …
Read More »The billion-dollar infrastructure deals powering the AI boom
It takes a lot of computing power to run an AI product — and as the tech industry races to tap the power of AI models, there’s a parallel race underway to build the infrastructure that will power them. On a recent earnings call, Nvidia CEO Jensen Huang estimated that between $3 trillion and $4 trillion will be spent on …
Read More »Huawei announces new AI infrastructure as Nvidia gets locked out of China
Tech giant Huawei unveiled new AI infrastructure meant to help boost compute power and allow the company to better compete with rival chipmaker Nvidia. At a keynote at its Huawei Connect conference on Thursday, Shenzhen, China-based Huawei announced new SuperPoD Interconnect technology that can link together up to 15,000 graphics cards, including Huawei’s Ascend AI chips, to increase compute power. This tech seems to be a competitor for Nvidia’s NVLink infrastructure, which facilitates high-speed communication between AI chips. Technology like this is critical for Huawei to better compete with semiconductors …
Read More »The Jonathan Kuminga negotiations are setting up a test of the Warriors’ infrastructure
Want the latest Bay Area sports news delivered to your inbox? Sign up here to receive regular email newsletters, including “The Dime.” The company line from Jonathan Kuminga’s camp after the latest round of intensifying negotiations is that if the Warriors turn the team option in his contract offer into a player option, he’ll be all-in and ready to roll. …
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