AI Infrastructure Demand & Financing Concerns - Demand for AI infrastructure continues to grow [1] - Commercial real estate investors are increasingly concerned about hyperscalers turning to private equity for funding instead of directly funding buildings [2] - Lease agreements with hyperscalers could be risky if technology changes and reduces the need for large data centers [2][3] Financial Risks & Market Dynamics - No data center exits have exceeded $45 billion, raising concerns about valuations [3] - Large technology companies with $4 trillion market capitalization are hesitant to own data center assets, questioning the financial prudence [3] - Private equity firms may be left "holding the bag" with investor money (including pension funds) bearing the risk [4] Regulatory & Public Pushback - Towns are pushing back against data centers due to concerns about electricity rates and water usage [5] - Local politics are a growing concern for the commercial real estate market regarding data centers in 2026 [6] - Chandler, Arizona voted down a new data center due to water issues, highlighting public resistance [6]

Key Points This former Bitcoin miner is accelerating its transition to becoming a pure-play compute provider. However, AI bubble concerns are once again impacting shares of all related firms in today's session. Let's dive into whether the market's concerns are warranted in relation to TeraWulf's future growth prospects. These 10 stocks could mint the next wave of millionaires › Just a few quarters ago, I'd argue that TeraWulf's (NASDAQ: WULF) price action was almost entirely tied to its cryptocu ...

Strategic Partnerships & Financial Backing - Hut 8 emphasizes the importance of creditworthy counterparties, viewing Google as a highly credible investment-grade partner due to its diverse business operations and cash flow [2] - Google serves as a financial backstop for a 15-year commitment, providing confidence in data center construction and deployment for various tenants [3] - JP Morgan and Goldman Sachs are partners, providing project global financing up to 85% at SOFR plus 225, indicating strong credit counterparty assessment [8][9] Business Diversification & Infrastructure Development - Hut 8 is building an energy infrastructure platform supporting both Bitcoin and AI compute, diversifying its revenue streams [3] - The company spun out American Bitcoin as a separate public entity, continuing to operate data centers for both AI and Bitcoin compute [4] - Hut 8 is developing a 1 gigawatt project in Corpus Christie (Lawn Hill), initially underwritten for Bitcoin compute, but now attracting interest from AI customers [6] Market Demand & Competitive Advantage - Hut 8 perceives distinct demand types for Bitcoin and AI compute, with Bitcoin data centers willing to locate in areas with curtailment options [4][5] - The demand from American Bitcoin allows Hut 8 to underwrite new megawatts that might not be feasible for AI data centers alone [5] - Securing competitive financing terms (SOFR plus 225) and a high loan-to-cost (LTC) percentage demonstrates the attractiveness of the credit counterparty [8][9]

We're watching shares of Oracle, which are lower today on these reports that Blue Owl Capital will not finance their $10 billion data center project in Michigan, a Financial Times report. It comes as investors have been raising all these different red flags about the AI data center buildout. Oracle shares are down four and a half%.But there's a real estate angle here as well. Diana Olic has that story for this week's property play. Diana, well, Kelly, investors are increasingly concerned about hyperscalers ...

Market Update - The S&P 500 is experiencing its fourth consecutive losing session, with Nasdaq-listed companies leading the decline due to concerns over overspending on artificial intelligence infrastructure [1] - Oracle's AI infrastructure trade faced setbacks as talks with Blue Owl Capital stalled, raising uncertainty about the backing of one of its giant data centers [1] - Oracle refuted the report, stating it is partnering with Related Digital and that the equity deal remains on schedule, but this did not alleviate market fears [1] AI Industrial Sell-off - The sell-off affected not only tech stocks but also industrial companies involved in data center construction and electrical equipment supply, indicating market worries about potential project delays and canceled orders [1] - Companies like Eaton, GE Vernova, Caterpillar, Vertiv, and Cummins saw declines, with GE Vernova giving back almost all gains from its Investor Day [1] - GE Vernova reported signing 18 GW of gas turbine contracts and is sold out of new equipment through 2028, yet market volatility is prompting a preference for more stable stocks like Procter & Gamble [1] Defense Stocks - Defense stocks such as Lockheed Martin, L3Harris, and RTX Corp declined following reports of potential limitations on dividends, buybacks, and executive pay for contractors facing budget overruns [1] - L3Harris had the highest trailing-12-month capital deployment at 7% of market capitalization, followed closely by Lockheed Martin at 6% [1] - Boeing, facing challenges in defense projects, is not expected to be affected by the executive order, as it has not returned cash to shareholders and is projected to end 2025 with $26.2 billion in net debt [1] Upcoming Reports - Micron, a key supplier in the AI ecosystem, is scheduled to report earnings, with other key reports from Darden, Cintas, Accenture, and CarMax expected before the market opens [1] - Economic data releases include November CPI and weekly jobless claims [1]

AirTrunk is investing as much as $8 billion to scale up its capacity in Japan amid increased demand for cloud computing and AI infrastructure in the country. https://t.co/ctZCPq9b4y (Photo: Getty Images) https://t.co/3sLXXwe2PX ...

We recently published 10 Stocks Shining Bright Amid Wall Street’s Dull Spell. Fermi Inc. (NASDAQ:FRMI) is one of the top performers on Tuesday. Fermi surged by 13.39 percent on Tuesday to close at $9.74 apiece as investors poured funds back into AI and high-performance computing companies, having priced in concerns about heavy investments in the sector. Fermi Inc. (NASDAQ:FRMI) rallied alongside its counterparts riding the AI wave, including Applied Digital Corp., after technology stocks took a beating o ...

Summary of Gorilla Technology Group Fireside Chat Company Overview - **Company**: Gorilla Technology Group (NasdaqCM:GRRR) - **Industry**: AI Security Platforms and Infrastructure - **Core Offerings**: Mission-critical AI security platforms, video intelligence, post-event analytics, secure network intelligence, lawful interception, and IPDR capabilities [3][4][5] Key Developments - **Major Contract**: Signed a three-year contract with FRAIR valued at approximately $1.4 billion, with the first phase of $300 million currently being launched in Thailand [4][6] - **AI Infrastructure**: Transitioning from a software solutions company to a sovereign-grade AI compute provider with enhanced data center capabilities across multiple regions including Middle East, North Africa, Europe, Southeast Asia, and Latin America [4][5] - **5G Solutions**: Successfully deployed the first global 5G lawful interception solution, with ongoing projects in Taiwan and Southeast Asia [24][25] Strategic Investments - **Acquisition of Actros**: Investment in Actros to enhance AI-driven platforms and infrastructure deployment in India, which is projected to grow from $15 billion in 2024 to over $330 billion by 2033, representing a 40% CAGR [16][17][18] - **Data Center Growth**: Data center market in India expected to grow from $9-10 billion to about $30 billion by 2032-2033, indicating significant opportunities for Gorilla [17] Recognition and Sustainability - **Nobel Sustainability Nomination**: CEO Jay Chandan was nominated for the 2025 Sustainability Awards, highlighting Gorilla's commitment to sustainable AI deployment at a national scale [11][12] Financial Outlook - **Revenue Projections for 2026**: Expected revenue range of $137 million to $200 million, driven by signed contracts and backlog, with a focus on reducing customer concentration risk [27][28] - **Cash Position**: Over $110 million in cash with reduced debt below $15 million, allowing for flexibility in executing large projects without relying heavily on equity markets [30] Operational Highlights - **Execution and Delivery**: Emphasis on building a repeatable deployment model and expanding engineering teams in Thailand and India [6][7][8] - **Project Milestones**: Successful execution of projects in Egypt and ongoing developments in AI infrastructure, with a focus on national scale delivery [22][26] Conclusion - Gorilla Technology Group is positioning itself as a leader in AI security and infrastructure, with significant contracts, strategic investments, and a strong focus on sustainability and operational execution. The company is set to transition from a growth story to a steady infrastructure platform, with promising financial projections for 2026 [29][30]

Partnership Overview - Hut 8 will deliver and deploy at least 245 MW and up to 2,295 MW of AI data center infrastructure for Anthropic, leveraging high-performance clusters operated by Fluidstack[13] - The partnership aims to deploy 2,295 MW of infrastructure[14] Tranche Details - Tranche 1 involves 245 MW of IT capacity at the River Bend Campus in Louisiana, supported by 330 MW of utility capacity[15] - Tranche 2 includes a Right of First Offer (ROFO) for up to 1,000 MW of additional IT capacity at River Bend, contingent on power expansion[15] - Tranche 3 may involve jointly developing up to 1,050 MW of additional optional capacity across Hut 8's development pipeline beyond River Bend[15] Timeline - Hut 8 plans to bring additional capacity online by early 2027[18]

on Oracle's AI ambitions on the heels of this new report now on the fate of a data center in Michigan. For that, we'll turn to Sema Modi. Uh, important story, Sema.>> It is, Carl. There have been these questions surrounding Oracle's 1 gigawatt data center in Michigan and who will finance this 10 billion dollar project following an FT report that suggests talks are breaking down. Oracle telling CBC that the FD story is incorrect and that its developments partner, Related Digital, selected the best equity par ...