Nvidia-Backed Firmus’ Record Float Sours as Investors Balk
The books closed on schedule, and that was about the only thing that went to plan. Firmus Grid, an Australian data-center operator, finished bookbuilding for its initial public offering Thursday…
Temasek Plans to Trade Its Private AI Bets for Shares It Can Sell
The figure is small, and the plan is precise. Temasek, Singapore’s state investment firm, has about 6% of its S$518 billion portfolio, roughly US$405 billion at the end of March,…
CoreWeave Bets on India With AdaniConneX Deal
Sometime in mid-2028, the first racks will switch on at a campus called Taloja, in the planned city of Navi Mumbai east of the port. Three buildings, each drawing 80…
Samsung’s $5 Billion Bet on the Slabs Under AI Servers
The most valuable chips in an artificial-intelligence server sit on top. Beneath them lie green slabs of circuitry called substrates, the package boards that connect a graphics processor to the…
Temasek’s Investment Chief Names the AI Trade Itself as the Market’s Biggest Risk
The warning came from a buyer, not a skeptic, and that is what made it land. Temasek, the Singapore state investment firm, has spent years pouring money into artificial-intelligence companies,…
IMF Adds the AI Boom to Its List of Global Risks
For the past two years, the International Monetary Fund and nearly everyone else described the artificial-intelligence boom as a force for good in the world economy: a surge of investment…
Gold, Silver and Bitcoin Fall Together as Yields Climb
Gold has spent the year behaving like the market’s most reliable refuge, and for much of the evening of October 7 it looked as though that refuge had sprung a…
Finland Halts Two Google Data Centers Over Forest Clearing
The trees came down in March, before the paperwork was done. Workers began clearing forest at Leppiniemi, outside the northern Finnish town of Muhos, months before the environmental impact assessments…
Google Buys Two Decades of Nuclear Power
The single tightest constraint on the artificial-intelligence boom has turned out to be not chips or models but electricity. Google’s answer, disclosed this week, is to buy it at the…
Samsung Electro-Mechanics Adds $1.85 Billion in Vietnam
The factory sits in an industrial park in Thai Nguyen province, a two-hour drive north of Hanoi, where Samsung has been making electronics for more than a decade. The plant,…
