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Nvidia takes $2.1bn stake option in IREN as pair target 5GW AI infrastructure buildout

8th May 2026

3 minutes

Nvidia has unveiled a strategic partnership with data centre operator IREN that gives the chipmaker the right to invest up to $2.1 billion in the company, alongside a $3.4 billion services contract, as the two firms target deployment of up to 5GW of AI infrastructure.
AI

Cloudflare cuts 1,100 jobs as it restructures around agentic AI

8th May 2026

3 minutes

Cloudflare has eliminated more than 1,100 roles globally, approximately 20% of its workforce, as the internet infrastructure and cybersecurity company restructures its operations around what it is calling an agentic AI-first operating model.
Data Centres The Datacentre Contractor Concentration Problem

Why is contractor concentration becoming a major risk for AI data centre growth?

8th May 2026

8 minutes

As Microsoft, Amazon, Google, and Meta accelerate trillion-dollar AI spending, the data centre industry is becoming dangerously dependent on a small group of specialist contractors
AI Laurinda Pang CEO Cinch

Sinch CEO Laurinda Pang steps down, board begins search for new leader

7th May 2026

4 minutes

Sinch CEO departs after three years stabilising the cloud communications giant. The board launches a global search for a successor as the business hits its highest-ever profitability.
AI

‘Don’t listen to CEOs’: AI godfather LeCun takes aim at AI’s doom machine

6th May 2026

4 minutes

LeCun, the Turing Award winner and AMI Labs founder takes direct aim at Dario Amodei’s white-collar job loss forecasts.
AI

China’s Big Fund in talks to lead DeepSeek investment at $45bn valuation

6th May 2026

3 minutes

China’s state-backed semiconductor investment vehicle is in discussions to lead the first major funding round for AI lab DeepSeek, in a deal that would value the Hangzhou-based company at around $45 billion.
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Zuckerberg blames AI spending for Meta job cuts

1st May 2026

2 minutes

Mark Zuckerberg’s blunt explanation to Meta employees on Thursday: “We basically have two major cost centres in the company: compute infrastructure and people-oriented things.”
AI

Octopus Energy CEO: How agile data could rewire the energy market

29th Apr 2026

6 minutes

Octopus Energy CEO Greg Jackson explained how cloud-native architecture on AWS helps the company stay agile amid rising energy demand and global uncertainty.
Agentic AI

Meta plans to scale agentic AI with AWS Graviton chips

27th Apr 2026

4 minutes

Meta has signed an agreement with Amazon Web Services (AWS) to power agentic AI on Amazon’s Graviton chips.
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Meta to axe 8,000 jobs as Zuckerberg doubles down on AI

23rd Apr 2026

2 minutes

Meta is to cut 10% of its global workforce, approximately 8,000 employees, as Mark Zuckerberg redirects billions toward AI infrastructure, in the most sweeping restructuring the company has seen in years.
AI

Project Prometheus nears $10bn raise in BlackRock and JPMorgan-backed funding round

21st Apr 2026

4 minutes

Project Prometheus is closing a $10bn funding round backed by BlackRock and JPMorgan. Here’s what its $38bn valuation really signals for industrial AI.