7+ hour, 25+ min ago   (229+ words) Corvex has appointed Garrett Brams to lead its data center sourcing and development strategy as the GPU infrastructure company expands the physical capacity supporting its AI Factory platform. Brams joins Corvex from Cushman & Wakefield, where he served as Managing Director…...

4+ day, 10+ hour ago   (239+ words) Nebius Group has closed a $5.75 billion private offering of convertible senior notes, providing the AI cloud infrastructure company with additional capital to expand its data center footprint, build out computing infrastructure, and acquire GPUs. The financing includes $3.45 billion of 0.50% convertible…...

1+ week, 1+ day ago   (358+ words) Exyn Technologies reported a substantial improvement in second-quarter gross margin despite lower revenue as a growing contribution from software and subscription sales shifted the company’s business mix toward higher-margin offerings. Second-quarter revenue declined to $950,000 from $1.4 million in the prior-year period,…...

1+ week, 1+ day ago   (241+ words) Kingsoft Cloud reported an 82% increase in AI cloud gross billings during the second quarter of 2026 as rapidly growing artificial intelligence demand helped the company achieve a positive GAAP operating margin for the first time. AI cloud gross billings reached RMB1.33 billion,…...

1+ week, 2+ day ago   (358+ words) IBM has signed a multi-year $240 million agreement with Together AI to deploy a large-scale artificial intelligence inference cluster on IBM Cloud using NVIDIA HGX B300 systems. The cluster is expected to become available in the first quarter of 2027 and will help…...

2+ week, 2+ day ago   (472+ words) Neuraspace has secured €15.6 million in new financing to expand its AI-powered Space Domain Awareness and Space Traffic Management platform as satellite operators and governments face growing risks from congestion, cyber threats, interference, and counterspace activity. The financing combines strategic private…...

2+ week, 2+ day ago   (472+ words) Neuraspace has secured €15.6 million in new financing to expand its AI-powered Space Domain Awareness and Space Traffic Management platform as satellite operators and governments face growing risks from congestion, cyber threats, interference, and counterspace activity. The financing combines strategic private…...

2+ week, 2+ day ago   (295+ words) NetApp has acquired JetStream Software, a provider of VMware disaster recovery and migration technology, to expand its cyber resilience, data protection, and cloud migration capabilities. Financial terms of the acquisition were not disclosed. JetStream’s technology is designed to protect VMware…...

2+ week, 3+ day ago   (242+ words) Nebius is rapidly converting AI infrastructure demand into both customer prepayments and physical capacity, with deferred revenue approaching $6 billion while first-half infrastructure spending exceeded $8.1 billion. Current deferred revenue reached approximately $979.4 million at June 30, while non-current deferred revenue climbed to nearly…...

2+ week, 4+ day ago   (559+ words) Clearfield secured its first significant hyperscale data center order shortly after the end of its fiscal third quarter, landing a $22 million project that expands the fiber connectivity company’s addressable market beyond its traditional broadband customer base. The $22 million order is…...