Meta Commits $27B to Nebius AI Cloud Over Five Years
Meta signs a five-year, $27 billion AI infrastructure agreement with Nebius Group, marking one of the largest cloud computing contracts ever announced.
Ai infrastructure
Altman Pitches AI as Metered Utility Like Electricity
At BlackRock's Infrastructure Summit, Sam Altman laid out OpenAI's vision of selling AI compute by the token like a metered utility, backed by a $110 billion war chest and the Stargate buildout.
Oracle's $553B AI Backlog Says Cloud Is Cashing In
Oracle's Q3 FY2026 results show $553B in contract backlog - up 325% year-over-year - as AI infrastructure demand continues to outpace supply.
Meta Unveils Four MTIA Chip Generations in Two Years
Meta published a four-generation MTIA silicon roadmap delivering chips every six months through 2027, with compute scaling 25x from MTIA 300 to MTIA 500.
Iran Targets US Tech Facilities - What It Means for AI
Iran's IRGC designated facilities of Amazon, Nvidia, Microsoft, Google, Oracle, IBM, and Palantir across Israel and the Gulf as legitimate targets - with AWS data centers already struck by drones.
Oracle and OpenAI Scrap Texas Stargate Data Center Expansion
Oracle and OpenAI abandoned plans to expand their flagship Abilene data center from 1.2 GW to 2 GW after financing talks collapsed and a winter cooling outage strained relations with operator Crusoe.
