Space42 and Viasat Build a $1 Billion Satellite Platform
The deal was signed on a Sunday and announced the same day. Space42, an Abu Dhabi-based artificial intelligence and space technology company, and Viasat, the American satellite operator, said on…
SK Group Expands Ulsan AI Data Center Toward 900 Megawatts
The scale of the project keeps growing. SK Group’s artificial intelligence data center under construction in Ulsan, South Korea, has been expanded to nearly 900 megawatts of capacity, Chey Tae-won,…
Global Server Revenue Rose 52% in the Second Quarter
The server market, the place where AI spending turns into physical machines, just recorded its biggest quarter ever. Global server revenue reached $166.3 billion in the second quarter of 2026,…
AI Startup Discovery Loop Seeks a $50 Billion Valuation
A company that did not exist at the start of the year is trying to raise money at a valuation of about $50 billion. Discovery Loop, an artificial intelligence startup…
Google Cloud Says AI Server Spending Pays Back in Under Two Years
The question hanging over the AI buildout has been simple and unanswerable for years: when does the spending come back. Thomas Kurian, the chief executive of Google Cloud, offered a…
Boeing Reaches a Tentative Deal With Its Engineers, Easing a Strike Threat
The engineers and technical workers who design and certify Boeing’s planes voted down a contract offer in August and authorized a strike. On the other side of that standoff, the…
SpaceX’s Starship Is Set to Carry Its First Commercial Payload
The world’s largest rocket has flown thirteen times, and every one of those flights carried test hardware or nothing at all. The fourteenth, according to a Federal Aviation Administration airspace…
Nscale Adds a Former OpenAI Deputy to Its Board Ahead of a U.S. Listing
Fidji Simo spent three years running the business side of OpenAI as chief executive of its AGI deployment arm, the second-in-command behind Sam Altman. Before that she led Instacart through…
Cohere in Talks to Raise Up to $3 Billion at a $20 Billion Valuation
A Toronto-based AI company that has spent three years positioning itself as the non-American alternative to OpenAI is now in talks to raise money on a scale no Canadian private…
Nvidia’s CEO Brushes Off the ‘Circular Financing’ Question
On a stage at Goldman Sachs’ Communacopia+ technology conference on September 10, Jensen Huang was asked about the charge that has trailed Nvidia for more than a year: that the…
