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Allbirds Shifts Focus from Footwear to AI Compute Infrastructure, Stock Surges

Allbirds Shifts Focus from Footwear to AI Compute Infrastructure, Stock Surges

Allbirds Shifts Focus from Footwear to AI Compute Infrastructure, Stock Surges
Reuters Reuters
Allbirds shares jump over 400% on plans to pivot to AI from sneakers

Allbirds shares jump over 400% on plans to pivot to AI from sneakers

April 15 (Reuters) - Shares of Allbirds surged more than five-fold on Wednesday after the footwear maker said it was raising capital and pivoting towards AI computing infrastructure.
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Allbirds Transitions to AI Sector Following Sale of Shoe Business

Allbirds Transitions to AI Sector Following Sale of Shoe Business

Allbirds Transitions to AI Sector Following Sale of Shoe Business
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FluidStack Seeks $1 Billion Funding Amidst AI Infrastructure Expansion

FluidStack Seeks $1 Billion Funding Amidst AI Infrastructure Expansion

FluidStack Seeks $1 Billion Funding Amidst AI Infrastructure Expansion
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Meta and Broadcom Extend Partnership for Custom AI Chips as Hock Tan Exits Board

Meta and Broadcom Extend Partnership for Custom AI Chips as Hock Tan Exits Board

Meta and Broadcom Extend Partnership for Custom AI Chips as Hock Tan Exits Board
Reuters Reuters
Meta inks deal with Broadcom for custom AI chips

Meta inks deal with Broadcom for custom AI chips

April 14 (Reuters) - Meta will work with chip designer Broadcom to produce several generations of custom artificial intelligence processors under an expanded deal as the social media giant races to build out the computing capacity needed to power AI features across its apps.
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Jane Street signs $6 billion AI cloud deal with CoreWeave, boosts stake

Jane Street signs $6 billion AI cloud deal with CoreWeave, boosts stake

April 15 (Reuters) - Trading firm Jane Street has committed about $6 billion for CoreWeave's cloud services, marking the third major deal for the Nvidia-backed neocloud company in a week and underscoring surging demand for computing capacity.
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Victory Giant Technology Launches Hong Kong IPO Amidst Surging AI PCB Demand

Victory Giant Technology Launches Hong Kong IPO Amidst Surging AI PCB Demand

Victory Giant Technology Launches Hong Kong IPO Amidst Surging AI PCB Demand
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Meta Partners with Broadcom for Custom AI Chips, Hock Tan to Leave Board

Meta Partners with Broadcom for Custom AI Chips, Hock Tan to Leave Board

Meta Partners with Broadcom for Custom AI Chips, Hock Tan to Leave Board
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Oracle Expands Partnership with Bloom Energy Amid AI Data Center Demand

Oracle Expands Partnership with Bloom Energy Amid AI Data Center Demand

Oracle Expands Partnership with Bloom Energy Amid AI Data Center Demand
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Meta Partners with Broadcom for AI Chip Development as Hock Tan Leaves Board

Meta Partners with Broadcom for AI Chip Development as Hock Tan Leaves Board

Meta Partners with Broadcom for AI Chip Development as Hock Tan Leaves Board
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NVIDIA Launches Quantum AI Models Amid Rising Stock and Industry Buzz

NVIDIA Launches Quantum AI Models Amid Rising Stock and Industry Buzz

NVIDIA Launches Quantum AI Models Amid Rising Stock and Industry Buzz