AI computing power investment intensifies as Blackstone reportedly prepares to significantly increase its procurement of Google TPUs.
According to reports, Blackstone is seeking additional procurement volumes amounting to several times its initial plan, with the expected TPU purchase volume significantly exceeding the scale disclosed in May when it announced the establishment of a joint venture with Google.
Shortages in computing power are driving the expansion of AI infrastructure, with Microsoft planning to double its data center capacity to 38 GW.
According to reports, Microsoft’s planned data center capacity for 2032 includes both owned and leased facilities but excludes computing power rented from “new cloud” providers such as CoreWeave. Currently, out of Microsoft’s approximately 12 GW of data center capacity, only about 2 GW is dedicated to AI chips; by 2032, AI-specific computing power is expected to account for roughly one-third of the total capacity.
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Pete Wexler, At Stablecon, On Chain Credit, Says There Is An Opportunity To Tap Into This Structure To Get Merchants Paid Every Day Of The Week
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Morningstar's PitchBook Partners With ChatGPT For Financial Services To Bring Expanded Private Market Data
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What's Going On With Visa Stock Thursday?
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OpenAI Launches GPT-Live-1 In API; GPT‐Live‐1 Available In API Today At $0.05 Per Minute For Front-End Voice Layer
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Micron, SK Hynix Are Top Bets in New NRAM ETF as AI Memory Demand Surges
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'Sam Altman Pitches Utilities on AI Grid Defense' - Politico
'Sam Altman Pitches Utilities on AI Grid Defense' -
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How To Trade SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, And TSLA
Good Morning Traders! Today's economic calendar brings us the highly anticipated August PPI report, alongside Weekly Initial and Continuing Jobless Claims. Markets will receive headline PPI, PPI
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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings
What's Going On With AMD Stock Thursday?
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Seth Klarman's Hedge Fund Slashed This Stock by 54% — Even as It Scores Highly on Growth and Momentum
Seth Klarman's Baupost Group hedge fund cut its stake in Wesco International Inc. (NYSE:WCC) by more than half in the second quarter, even though the stock carries some of the strongest scores in