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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

Anthropic secures full capacity of SpaceX’s Colossus 1 data centre in Memphis compute deal

7th May 2026

3 minutes

Anthropic has signed an agreement to take the compute capacity at SpaceX’s Colossus 1 facility in Memphis, Tennessee, giving the Claude maker access to more than 300MW of new infrastructure as it races to meet surging demand for its AI products.

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.

AI

Huawei targets 60% jump in AI chip revenue as DeepSeek drives domestic surge

1st May 2026

2 minutes

Huawei expects revenue from its AI chips to reach approximately $12 billion this year, up from $7.5 billion in 2025, a jump of at least 60% based on orders already secured, the Financial Times reported on Friday.

AI

How AI data centre growth has fuelled Schneider Electric Q1 revenue

30th Apr 2026

3 minutes

Schneider Electric surpassed its Q1 revenue forecasts with 11.2% organic growth, driven it said by surging AI data centre demand for power and cooling solutions.

Chip

DeepSeek V4 triggers scramble for Huawei AI chips as US export controls reshape China’s hardware market

29th Apr 2026

3 minutes

ByteDance, Tencent and Alibaba are rushing to secure orders for Huawei’s Ascend 950 processors after DeepSeek optimised its latest frontier model for domestic Chinese silicon.

AI

Pantheon AI unveils plans for €50bn AI data centre campus in Croatia

28th Apr 2026

3 minutes

A transatlantic investment group has announced plans to develop a gigawatt-scale AI data centre and innovation campus in Croatia, with total investment expected to exceed €50 billion as hyperscale tenants deploy equipment and technology at scale.

5G