Axe Compute signs over $1.3 billion in Nvidia Blackwell GPU cluster contracts
Axe Compute has signed over $1.3 billion in multi-year AI infrastructure contracts, clearing its $1 billion target for 2026 before…
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CXMT shares surge nearly 470% in Shanghai debut, becoming mainland China’s most valuable listed firm
Shares in Chinese memory chipmaker ChangXin Memory Technologies surged on their Shanghai debut, lifting the company past every other listed…
Ad growth versus AI spending is the tension heading into Meta’s earnings report
Meta's advertising engine and its AI capital spending are the two lines traders are watching into the company's coming earnings…
Alphabet Commits to $811 Billion More in AI Purchases After Its First Negative Free Cash Flow
Alphabet reported negative free cash flow for the first time since it went public in 2004 after spending $45 billion…
Xiaomi stock climbs 7.3% after Lei Jun sets July 30 launch for two new SUV models
Xiaomi shares rose 7.3% to HK$28.66 after CEO Lei Jun announced a July 30 technology launch event for two new…
