Applied Digital, which builds and leases data centres for AI computing, reported revenue of $341.9 million for its fiscal first quarter ended August 31, 2026, up 322% from $80.9 million a year earlier. The net loss widened to $221.0 million, or $0.76 a…
Finance angle The finance angle is the contracted revenue: about $36 billion over the initial terms of the leases, paid by the AI cloud companies and hyperscalers that rent the capacity. That backlog is many times current revenue, and turning it into cash depends on the company finishing buildings and securing power on schedule,…
Read the report at Investing.com ↗
Microsoft showed a version of Windows in which an AI coding model and parts of Copilot run on the computer itself instead of in the cloud, and a security tool, Microsoft Execution Containers, that limits which data an AI agent can reach. It also presented…
Finance angle The finance angle is where AI work gets paid for. A model that runs on the laptop shifts spending from cloud usage to the device: Nvidia earns from the chip, Microsoft from the hardware and Windows, and the buyer pays once instead of per query. The price puts the machine against Apple's MacBook Pro, which the report…
Read the report at Reuters via BNN Bloomberg ↗
Anthropic released its small model Claude Haiku 5.5 on October 7 on its own platform and on Amazon Web Services, Google Cloud and Microsoft Azure. For requests of up to 100,000 tokens it costs $0.10 per million input tokens and $0.50 per million output…
Finance angle The finance angle is the price of AI computing for the companies that buy it. Anthropic puts the overall cost of running a workload about 75% below Haiku 4.5, and says the Sonnet change takes roughly 20% off a typical agent task. Software companies and IT services firms that build products on these models pay less…
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The union at Micron Technology's Taoyuan site in Taiwan said 1,994 members, 99% of those who voted, backed a strike. It wants a permanent profit-sharing arrangement and says the T$1 million (about $31,386) cash bonus Micron announced in September does not…
Finance angle Taiwan is where Micron makes much of its DRAM and the high-bandwidth memory that goes into AI servers, so a stoppage there would reach Nvidia-based server supply chains at a time when memory is already short. The money at issue is labour cost: a permanent share of operating profit paid out as bonuses would come out…
Read the report at Reuters via Investing.com ↗
HSBC plans deep job cuts in its UK wealth management arm as it brings in artificial intelligence, according to a press report relayed by Sharecast. About 70% of financial adviser positions and roughly half of management and specialist roles are to go, with…
Finance angle The finance angle is cost: advisers are the largest expense in a wealth business, and HSBC is replacing most of them with digital service only three years after it set out to hire more than 100 wealth managers towards a target of 100 billion pounds of UK wealth assets by 2030. No saving has been disclosed, and…
Read the report at Sharecast ↗
Anant Raj Cloud Singapore and Orange Business Services Singapore signed a memorandum of understanding with Haryana's Department of Industries & Commerce on October 6 to market data-centre, cloud and AI infrastructure services hosted in the state to…
Finance angle The finance angle is the Rs 25,000 crore Anant Raj committed to data-centre infrastructure in Haryana under a June 2026 memorandum: the Orange tie-up is about finding overseas tenants for that capacity. A developer earns from data centres through long leases and cloud contracts, so the 307 MW matters only as it is…
Read the report at Angel One ↗
SpaceX is looking to raise about $40 billion to pay for a large purchase of Nvidia artificial-intelligence chips, according to a Financial Times report relayed by EconoTimes. The plan is roughly $10 billion of bank loans and $30 billion of investment-grade…
Finance angle The finance angle: about $40 billion of new borrowing — $10 billion in loans and $30 billion in investment-grade debt — that flows almost entirely to Nvidia as chip revenue, with private-credit firms such as Apollo and Pimco earning the interest. SpaceX shareholders carry the debt; rental income from Anthropic and…
Read the report at EconoTimes ↗
HubSpot, the Cambridge, Massachusetts marketing and sales software company, is cutting 660 jobs, about 7% of a workforce of more than 9,000. Chief executive Yamini Rangan told employees that the move to AI is changing the product, its pricing and the way the…
Finance angle The finance angle is the business model, not the saving: HubSpot sells subscriptions per user to 306,000 customers, and AI agents that do the work of marketing and sales staff put that per-seat pricing in question, which is why the chief executive links the cuts to product and pricing. The article gives no figure for…
Read the report at Boston.com ↗
The Finnish Supervisory Agency told Google's subsidiary Tuike Finland to stop work that alters the environment at its planned data centre sites in Muhos and Kajaani until the environmental impact assessments are finished, with October 23 as the latest date…
Finance angle The two sites are part of Google's 13 billion euro data centre investment in Finland, so the order puts a regulatory pause on a slice of Alphabet's AI and cloud building programme; the report gives no estimate of the delay or its cost. Those who wait with it are the contractors, electrical and cooling equipment…
Read the report at Helsinki Times ↗
Paris-based Mistral AI put its Large 4 model into public preview on October 6. The company describes a multimodal model with 1 trillion parameters, 49 billion of them active at a time, trained on 3,800 Nvidia Grace Blackwell GPUs in Mistral's own European…
Finance angle The finance angle is price and ownership of the hardware. $1.36 and $4.18 per million tokens is the rate European companies and public bodies can now compare with US model providers, and open weights let them run the model on their own servers instead of paying per token. The training used 3,800 Nvidia GPUs that…
Read the report at Mistral AI ↗
SAP said on October 6 it has agreed to acquire TechWolf, a Ghent-based company whose software maps the tasks and skills inside an organisation from its existing HR and business systems. TechWolf joins the SuccessFactors portfolio but stays a separate entity…
Finance angle SAP did not give a price, so there is no figure to set against its earnings; the effect on its accounts is small. The finance angle is where the product sits: SuccessFactors is SAP's HR cloud line, and data on which tasks employees actually do is what an AI agent needs before a customer pays for it to take work over.…
Read the report at SAP ↗
Bloomberg reported that Waymo, Alphabet's self-driving unit, increased its first private debt deal to $5 billion. Pimco, Blackstone and Sixth Street Partners were among the lenders and Goldman Sachs arranged the loan, which was priced at 5.25 percentage…
Finance angle The finance angle is the change of funding source: $5 billion of debt at 5.25 points over the benchmark, after $16 billion of equity, means private-credit funds are now paying for a robotaxi fleet and the compute behind it. The interest falls on Waymo, not directly on Alphabet's own balance sheet, and the lenders…
Read the report at Investing.com ↗
The Wall Street Journal reported that Lambda, a California company that rents out Nvidia-based computing for AI, is raising as much as $4 billion in a round led by Blackstone and Coatue Management, at a valuation of $14.5 billion before the new money. It is…
Finance angle The figures are $4 billion of equity against a $50 billion backlog: a 'neocloud' has to buy the chips and build the capacity before the contracted revenue arrives, so the money raised flows on to Nvidia and to data-centre and power providers. A backlog is committed orders, not revenue, and it more than tripled in…
Read the report at Seeking Alpha ↗
DeepSeek, the Chinese AI model developer, is aiming to raise at least $12 billion and possibly as much as 100 billion yuan (about $15 billion), double its initial plan of 50 billion yuan, according to a Bloomberg News report carried by Reuters and relayed…
Finance angle The finance angle: $12-15 billion of fresh capital at about a $74 billion valuation for the main Chinese maker of low-priced open models, the kind of models that put price pressure on US labs' API revenue. The spending goes to Huawei — 160,000 Ascend accelerators and a data centre in Inner Mongolia — not to Nvidia,…
Read the report at The American Bazaar ↗
AMD chief executive Lisa Su told reporters in Taipei on October 6 that the company raised its supply through 2026 and plans a substantial further increase in 2027. She said demand looks very high for the next several years, that AMD is planning its wafer…
Finance angle AMD's sales of AI processors are limited by how many advanced wafers, packaging slots and memory chips it can secure, not by orders, so supply commitments are what turn demand into revenue. More AMD volume means more business for TSMC (wafers), Foxconn (server assembly) and Samsung and SK Hynix (high-bandwidth…
Read the report at Reuters via Investing.com ↗
At its investor day on October 6, chip designer Marvell Technology raised its revenue forecast for fiscal 2028 to about $20 billion, above the $18.2 billion analysts had pencilled in. It now projects $12 billion of custom-chip revenue in fiscal 2029, up from…
Finance angle The money comes from cloud companies designing their own AI processors instead of buying only Nvidia's: Marvell and Broadcom are the two main design partners, and data centres already bring in 72% of Marvell's sales. A Google arrangement of up to $120 billion through fiscal 2033 is conditional on performance…
Read the report at MarketScreener ↗
Google and Constellation announced a 20-year power purchase agreement covering 890 megawatts of additional nuclear capacity on the PJM grid. The capacity comes from uprating 11 reactor units Constellation already owns in Illinois, Pennsylvania and New…
Finance angle The money: Constellation puts more than $4.3 billion into the uprates, backed by a 20-year contracted buyer, and Google secures 3,590 MW in total across the two agreements; the price of the power was not disclosed. For Alphabet this is a long-dated operating cost taken on to run data centres; the release cites demand…
Read the report at Google Cloud Press Corner ↗
A World Bank report on India found that roughly three in four firms are not using artificial intelligence, and that use is concentrated among formal businesses while small informal ones have barely begun. It estimated that 14% of Indian workers are in jobs…
Finance angle The finance angle is the size of the untapped domestic market: with about 75% of firms not yet using AI, most enterprise spending on it in India is still ahead, and that is the revenue line Indian IT services companies, cloud providers and data-centre builders compete for. The report gives no rupee figure for that…
Read the report at Business Today ↗
Bloomberg News, as relayed by Investing.com, reports that OpenAI is negotiating with several United Arab Emirates investment funds, including Abu Dhabi's MGX, to anchor a funding round of $30 billion. The UAE funds have discussed putting in up to $10 billion…
Finance angle The finance angle is the price: about $1.4 trillion, against the $852 billion at which OpenAI raised $122 billion in March, a rise of roughly 64% in seven months while the company stays private. The $30 billion would be paid by Gulf sovereign-backed funds and asset managers and spent largely on computing capacity,…
Read the report at Investing.com via Yahoo Finance ↗
According to a report by The Information, relayed by Investing.com, Microsoft had been on course to spend at least $1 billion this year on its employees' use of Anthropic's Claude and has since reduced that by more than a third, with managers steering staff…
Finance angle Two of Anthropic's largest customers are trimming a bill that ran at roughly $1 billion a year at Microsoft alone, a sign that big buyers of coding assistants are pushing back on cost and building substitutes. The report separates this from resale: spending by Microsoft's customers on Anthropic models through its…
Read the report at Investing.com via Yahoo Finance ↗
DayOne Data Centers Limited, a Singapore-based developer that was part of China's GDS Holdings until the end of 2024, filed a Form F-1 on October 5 to list American depositary shares on Nasdaq under the symbol DODC. It reports revenue of $512.0 million and a…
Finance angle The filing puts numbers on what AI and cloud demand is worth to a landlord of computing space: half-year revenue already above the whole of 2025, funded by $4.3 billion of long-term borrowings. No price range or share count is set; Renaissance Capital estimates the raise at about $3.0 billion, which would make it one…
Read the report at SEC EDGAR ↗
Aurionpro Solutions has received a follow-on order worth Rs 150 crore from an unnamed global hyperscaler to supply, install, test and commission an AI-ready data centre facility in Navi Mumbai, to be completed in nine months. It is the company's first use of…
Finance angle The finance angle is where AI capital spending reaches Indian suppliers: Rs 150 crore for this order and close to Rs 300 crore from this one hyperscaler in under a year, paid to an Indian contractor for building and fitting out capacity rather than for chips or software. The same spending is the order book for listed…
Read the report at Angel One ↗
Anthropic said on October 5 that its Claude Opus 5, Sonnet 5 and Haiku 4.5 models can now be used through an India endpoint on Amazon Bedrock, with requests processed on servers inside the country. Reliance and CRED tried the service in a private preview.…
Finance angle Banks, insurers, payment systems and government bodies often cannot send customer data abroad, which has kept many AI projects at the pilot stage; local processing removes that obstacle for Claude. The money flows to Amazon Web Services (usage is billed through Bedrock) and to Anthropic, and to IT services firms that…
Read the report at Business Today ↗
Nasdaq-listed AI chipmaker Cerebras Systems rose as much as 11% in early trading on Monday and, by Yahoo Finance's account, finished the day about 9% higher. OpenAI chief executive Sam Altman had posted that Cerebras is a close partner and that the two…
Finance angle OpenAI is Cerebras's anchor customer: under an agreement announced in January and valued at $10 billion, Cerebras is contracted to supply 750 megawatts of computing capacity through 2028. Doubt about that single relationship therefore goes straight to Cerebras's revenue visibility, which is why one post moved the…
Read the report at Proactive ↗
Elon Musk confirmed on October 3 that TSMC is in discussions with Terafab, the Tesla and SpaceX chipmaking venture in Texas, about working together on manufacturing there. He described the talks as early, with nothing agreed. Two structures are being…
Finance angle The finance angle is who gets paid to build and run a plant whose first phase carries about $16.8 billion of funding. Intel's foundry business has few large outside customers, and Terafab was one of the names attached to its 14A process; a role for TSMC would put the market leader inside the same project, which is…
Read the report at Crypto Briefing ↗
Foxconn, the Taiwanese contract manufacturer that assembles AI servers as well as consumer electronics, reported third-quarter revenue of T$3.03 trillion (about $95.4 billion), up 47% from a year earlier and above the LSEG SmartEstimate of T$2.83 trillion.…
Finance angle The finance angle: Foxconn's monthly sales are an early, hard number on what cloud companies are actually paying for AI hardware, weeks before the chip designers report. Revenue of T$3.03 trillion in a quarter, T$200 billion above the consensus figure, says orders for AI server racks were still being delivered at…
Read the report at GuruFocus ↗
Three of India's largest IT services companies have taken over global capability centres (GCCs), the in-house technology units that multinationals run in India, this year. TCS took on Best Buy's India centre for about Rs 2,000 crore, Wipro bought Mindsprint…
Finance angle The finance angle is revenue that is bought and locked in. Wipro's Mindsprint deal is put at about USD 1 billion (Rs 9,625 crore) of revenue over eight years; TCS paid about Rs 2,000 crore for Best Buy's centre. These takeovers come with service contracts of five to eight years, at a time when AI is pushing down…
Read the report at Lapaas Voice ↗
Firmus Grid, an Australian AI data-centre operator backed by Nvidia and Blackstone, plans to allocate roughly half the shares in its initial public offering to existing shareholders, Investing.com reported, citing Bloomberg. The company is seeking up to…
Finance angle At up to A$5.5 billion the sale would exceed Medibank's 2014 float of just under A$5 billion, among the largest Australian listings. The money goes to GPU infrastructure for Firmus's first data centre in Batam, Indonesia, so much of it flows on to chip suppliers, Nvidia first among them, which is both a shareholder…
Read the report at Investing.com ↗
The Naukri JobSpeak index rose to 3,053 in September from 3,002 a year earlier, a 2% increase in white-collar hiring. AI/ML roles grew 20% and the auto sector 11%; BPO/ITES and global capability centres grew 4% each. IT and software services hiring fell 4%,…
Finance angle Wages are the largest cost line for Indian IT services companies, and hiring is an early reading of the demand they see. A 4% fall in IT services postings alongside 20% growth in AI/ML roles and 4% growth at global capability centres shows where the work is moving: toward specialised skills and toward clients' own…
Read the report at Angel One ↗
SoftBank Group paid the third and final $10 billion tranche of its $30 billion follow-on investment in OpenAI on October 1 through Vision Fund 2. Its total investment in the ChatGPT maker is now $64.6 billion for a stake of about 13%. The payment was…
Finance angle The $30 billion was SoftBank's share of the $122 billion round that valued OpenAI at $852 billion, alongside $50 billion committed by Amazon and $30 billion by Nvidia. OpenAI receives the cash and spends much of it on computing capacity, which is revenue for chip and cloud suppliers. SoftBank carries the financing…
Read the report at The Next Web ↗
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