Meta Signs $27 Billion AI Infrastructure Agreement With Nebius
Meta has formed a $27 billion infrastructure agreement with AI cloud company Nebius.
Under the agreement, Nebius will — starting early next year — provide $12 billion of dedicated cap...
Google completes historic $32 billion acquisition of Wiz
Google completed its $32 billion acquisition of cybersecurity firm Wiz, marking the largest acquisition in the company’s history and the biggest-ever purchase of a venture-backed startup.
The deal r...
Meta Weighs Widespread Layoffs as AI Spending Grows
Meta is reportedly planning layoffs that could impact at least 20% of its workforce.
That’s according to a report Friday (March 13) from Reuters, which noted that the cuts come as the tec...
Nvidia Cloud Ally In Talks to Buy a Major U.S. AI Data Center Site
U.K.-based cloud provider Nscale, whose announced customers include OpenAI and Microsoft, is in negotiations to acquire a massive AI data center site in West Virginia, The Information reported. Amazon...
