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Ai Cloud

All articles tagged with #ai cloud

business1 month ago•2 min saved

IREN's AI and Data Center Growth Sparks Investor Optimism

The article discusses the evolving narrative around IREN, highlighting a slight increase in its fair value estimate and contrasting analyst views—some bullish on its AI cloud potential and others cautious due to execution and financing risks. Major firms have raised price targets based on AI cloud growth and data center expansion, while some remain skeptical about near-term project risks and sector challenges, reflecting a divided outlook on IREN's future.

via Yahoo Finance|

#ai-cloud #analyst-opinions #business

business3 months ago•4 min saved

CoreWeave's Stock Plummets Amid Earnings and Data Center Delays

CoreWeave reported strong Q3 revenue but lowered its 2025 guidance due to supply constraints, causing a 15% stock drop. Despite a net loss, the company has secured significant debt and expanded its AI cloud services, with analysts maintaining a neutral outlook and a revised price target of $140.

via TheStreet|

#ai-cloud #business #coreweave

business3 months ago•2 min saved

Microsoft Secures $9.7B AI Cloud Deal with Australia’s IREN

Microsoft has signed a $9.7 billion five-year deal with IREN to purchase AI cloud capacity, including Nvidia accelerator systems, which is expected to generate $1.94 billion annually for IREN and expand Microsoft's AI infrastructure capabilities.

via Bloomberg|

#ai-cloud #business #cloud-capacity

business3 months ago•4 min saved

IREN Signs $9.7bn AI Cloud Deal with Microsoft

IREN has signed a $9.7 billion multi-year GPU cloud services contract with Microsoft, involving the deployment of NVIDIA GB300 GPUs at IREN's Texas data centers, supported by a partnership with Dell Technologies, marking a significant expansion of IREN's AI cloud services.

via GlobeNewswire|

#ai-cloud #business #gpu-contract

business3 months ago•2 min saved

Core Scientific Shareholders Reject $9B CoreWeave Deal

CoreWeave terminated its $9 billion all-stock merger with Core Scientific after shareholders rejected the deal, leading to a decline in CoreWeave's stock. The deal's rejection reflects ongoing investor caution despite the growing AI cloud market, with CoreWeave continuing to operate its data centers and serve major clients like OpenAI and Microsoft.

via Investor's Business Daily|

#ai-cloud #business #core-scientific

business4 months ago•2 min saved

Oracle's Stock Rises Amid Cloud and AI Growth Outlook

Oracle's stock experienced volatility after clarifying its AI cloud server rental business's gross margin, which it states is 35% over a contract's life, contrasting with a recent report of 14%. The company raised its 2030 revenue forecast for Oracle Cloud Infrastructure from $144 billion to $166 billion, reflecting strong growth prospects, but its stock fell slightly after the announcement. Oracle also highlighted the financial impact of data-center expenses during rapid expansion and maintained optimistic long-term growth projections, driven by a large backlog including a significant contract with OpenAI.

via Barron's|

#ai-cloud #business #gross-margin

business4 months ago•2 min saved

Oracle Stock Rises on Cloud Revenue Outlook and Strategic Deals

Oracle clarified that its AI cloud server rental business has a 35% gross margin over the contract's lifetime, countering recent reports of a 14% margin, and raised its 2030 revenue forecast for Oracle Cloud Infrastructure from $144 billion to $166 billion, leading to a positive stock response despite some short-term fluctuations.

via Barron's|

#ai-cloud #business #cloud-margins

business4 months ago•2 min saved

Oracle Shares Surge on AI Cloud Growth and Profitability Confidence

Oracle shares rose after announcing that its AI cloud infrastructure projects could achieve a gross margin of 35%, alleviating concerns about profitability. The company expects to reach $225 billion in annual revenue by 2030, surpassing analyst estimates, with a projected $21 per share in profit, driven by large deals with major AI players like OpenAI and Meta.

via Bloomberg.com|

#ai-cloud #business #data-centers

business5 months ago•6 min saved

Nebius Stock Surges on Major AI Deals and Strategic Partnerships

Nebius, an AI-focused cloud company emerging from Russia, has seen its stock surge from $20 to $89 in a year, driven by strong revenue growth projections, a major $17.4 billion deal with Microsoft, and strategic partnerships with Nvidia. Its specialized AI infrastructure positions it for a potential valuation exceeding $100 billion by 2030, though risks include high valuation multiples and geopolitical concerns.

via Forbes|

#ai-cloud #business #gpu-infrastructure

business5 months ago•3 min saved

Oracle Stock Surges on AI Cloud Growth and Optimistic Forecasts

Oracle's stock surged 25% after reporting a strong increase in its AI cloud backlog, with remaining performance obligations soaring 359% to $455 billion, despite missing earnings and revenue estimates for Q1. The company expects significant growth in its cloud infrastructure revenue driven by large multibillion-dollar contracts and AI demand, positioning it as a challenger to Amazon and Microsoft in cloud services.

via Investor's Business Daily|

#ai-cloud #backlog #business

business5 months ago•1 min saved

Nebius and Microsoft Announce $20 Billion AI Infrastructure Partnership

Nebius signs a $17.4 billion, five-year deal with Microsoft to provide GPU infrastructure, boosting its shares by over 47%, as demand for AI compute power surges. The deal includes potential additional services, totaling about $19.4 billion, and highlights Nebius's role in supporting AI development through its cloud and hardware offerings.

via Yahoo Finance|

#ai-cloud #ai-infrastructure #business

business6 months ago•1 min saved

Rumble considers $1.2B bid for German AI cloud company Northern Data

U.S. video platform Rumble is considering a $1.17 billion bid to acquire German AI cloud firm Northern Data, aiming to control its GPU-rich cloud business and data centers, with negotiations ongoing and a potential deal that could significantly impact both companies' operations.

via Yahoo Finance|

#acquisition #ai-cloud #business

business6 months ago•3 min saved

Nebius Stock Soars on Strong Q2 Results and Raised Guidance

Nebius Group's stock surged over 18% after reporting a significant Q2 revenue increase of 625% year-over-year to $105.1 million, and raising its annual revenue forecast to $900 million-$1.1 billion, driven by strong demand for AI infrastructure and expansion plans, despite a widening net loss. The company, rebranded from Yandex and backed by Nvidia, is expanding its AI cloud infrastructure in Europe and the U.S., and has seen its stock rally more than 145% year-to-date.

via Investor's Business Daily|

#ai-cloud #business #growth-forecast

business6 months ago•3 min saved

OpenAI's Open-Source Models Gain Momentum Across Major Platforms

Amazon's partnership with OpenAI, offering open weight models on AWS, has boosted its stock and garnered positive analyst sentiment, marking a strategic move in the competitive AI cloud space despite its smaller scale compared to Microsoft and Google Cloud.

via Investor's Business Daily|

#ai-cloud #amazon #aws

business8 months ago•2 min saved

Analysts Show Skepticism Over CoreWeave's Growth and Valuations

CoreWeave, an AI cloud company, aims to justify its high debt and valuation, but analysts from D.A. Davidson remain skeptical, citing concerns over its financing structure and future contract profitability, leading to a decline in its stock price.

via Barron's|

#ai-cloud #analyst-skepticism #business