The tech giant said it is the first company granted an export license by the Trump administration's Commerce Department to ship AI chips to the U.A.E. ...

Power infrastructure continues to be a key theme underpinning the artificial intelligence (AI) growth story on Wall Street, led by anticipated data center demand. Barchart Senior Market Strategist John Rowland, CMT, has previously highlighted the upside potential for battery stocks like EOS Energy (EOSE) and critical metals like copper, but more recent headlines have surfaced a couple of other interesting stocks to watch. Going “Behind the Meter” As more and more data centers are looking to come online, f ...

Mackenzie Sagalos with some news on the AI arms race. Hey Mac. >> Hey Carl.So OpenAI has signed a $ 38 billion infrastructure deal with Amazon Web Services, marking its first contract with the cloud leader and the clearest sign yet that it's no longer relying solely on Microsoft for compute. Now under the agreement, OpenAI will immediately start running workloads on AWS, tapping hundreds of thousands of NVIDIA GPUs across US data centers. It'll begin with existing capacity, then expand over time with AWS pl ...

For the first time, the U.S. has granted Microsoft a license to export Nvidia chips to the UAE – a move that positions the country as both a proving ground for U.S. export-control diplomacy and a regional anchor of American AI influence. https://t.co/PGky3aQBHG ...

Shares of IREN Ltd. (NASDAQ: IREN) jumped sharply on Monday after the company announced a landmark five-year, $9.7 billion contract with Microsoft Corp. to deliver advanced AI cloud infrastructure powered by NVIDIA GB300 GPUs at its massive Texas campus. The deal marks a major leap for the Sydney-based data-infrastructure company as it pivots from its roots in high-performance computing and digital infrastructure toward becoming a core provider for hyperscale AI workloads.Under the agreement, IREN will supp ...

Microsoft will invest $15.2 billion in the United Arab Emirates over the next four years, the company announced Monday at the first annual Abu Dhabi Global AI Summit. The investment will include the first-ever shipments of the most advanced Nvidia GPUs to the UAE.As part of the deal, the U.S. has granted Microsoft a license to export Nvidia chips to the UAE, a move that positions the country as both a proving ground for U.S. export-control diplomacy and a regional anchor of American AI influence. The deal ...

“…there are multiple ‘known, unknowns’ (known events, unknown outcomes). Among them include the Federal Open Market Committee (FOMC) meeting…trade talks between President Trump and Chinese President Xi Jinping…Finally, we move into the teeth of earnings season this week, with mega-cap tech heavyweights such as Alphabet (GOOG), Meta Platforms (META), Microsoft (MSFT), Apple (AAPL) and Amazon (AMZN) due to report…We cannot forecast the outcomes or the reactions to these events, but we focus instead on the SPX ...

OpenAI's Transformation & Strategy - OpenAI converts to a public benefit corporation, signaling a shift in its organizational structure [1] - Sam Altman outlines OpenAI's next three years, indicating future strategic direction [7] - OpenAI aims to become its own AI cloud, suggesting a move towards infrastructure independence [9] - OpenAI is becoming similar to Facebook, raising questions about its future role and impact [10] Microsoft's AI Ambitions & Partnership - Microsoft aims to host every AI model on Azure, highlighting its cloud computing strategy [4] - Microsoft's negotiation with OpenAI is discussed, revealing the dynamics of their partnership [6] AI Development & Industry Concerns - The discussion questions whether AGI (Artificial General Intelligence) is dead, reflecting on the progress and future of AI development [5] - The report questions the value of building automated AI researchers, prompting reflection on the goals of AI research [8] - OpenAI employees express concerns about becoming "engagement farmers", highlighting ethical considerations [11] - The discussion considers whether the current situation is an "AI wobble" instead of an "AI bubble", suggesting potential instability in the AI field [13] Competitive Landscape - Meta's threat from OpenAI is analyzed, indicating the competitive dynamics in the AI industry [12] - The discussion questions the desirability of the 1X Technologies Neo humanoid robot, raising questions about the future of robotics [14]

The deal will give Microsoft access to compute infrastructure built with Nvidia's GB300 GPUs, which will be deployed over phases through 2026. https://t.co/Unk4TgAtiu ...

Microsoft is leaving no stone unturned in its quest to secure more compute capacity for meeting its customers’ heavy demand for AI services. On Monday, the Redmond-based tech giant signed a $9.7 billion, five-year contract with Australia’s IREN to secure further AI cloud capacity. The deal will give Microsoft access to compute infrastructure built with Nvidia’s GB300 GPUs, which will be deployed over phases through 2026 at IREN’s facility in Childress, Texas, planned to support 750 megawatts of capacity. ...