Elon Musk consolidates his space and artificial intelligence ventures, signaling a strategic push to build solar-powered data centers in orbit using SpaceX's Starship, a move he claims could slash AI computing costs within years.
Snowflake CEO Sridhar Ramaswamy addresses investor fears that AI will disrupt traditional software firms, arguing data platforms are uniquely positioned for growth as his company announces a major new deal with OpenAI.
Following strong Q3 FY2026 results, data protection specialist Commvault is deploying capital returns and a new sovereign-cloud strategy to reinforce its market position, even as investors grapple with valuation concerns in a shifting tech landscape.
Shares of SanDisk Corporation soared over 15% Monday, extending a five-day rally after Bernstein analysts dramatically raised their price target by 72%, citing explosive growth in AI-driven data center revenue and stellar quarterly earnings.
Global data center giant Digital Realty Trust has finalized a deal to acquire the TelcoHub 1 facility in Cyberjaya, marking its formal entry into the Malaysian market and signaling a major expansion of its Southeast Asian footprint.
Barclays raises price target on Iron Mountain, citing strength in storage, rentals, and its expanding IT asset lifecycle unit. The firm's data center leasing and cost restructuring are also seen as key catalysts for 2026.
The French specialty materials group Arkema is positioning its low-global-warming-potential refrigerants and thermal management solutions at the heart of the booming data center market, a strategic move underscored by its recent EcoVadis Gold Medal for corporate sustainability.
Prologis, the global logistics real estate leader, has unveiled a massive $25 billion strategic pivot into AI data center development alongside its 2025 financial results. While revenue grew to $8.79 billion, softer net income and a cautious 2026 outlook highlight the risks and rewards of this high-stakes expansion beyond its core warehousing business.
Elon Musk announces the merger of SpaceX and xAI, outlining an ambitious plan to construct solar-powered data centers in space, which he claims will become the most cost-effective source of AI computing power within years.
Vertiv's launch of its 'Next Predict' AI service aims to transform data center maintenance. While it strengthens the company's AI infrastructure narrative, investors are weighing rich valuations against execution risks in a maturing growth cycle.
Nurix Therapeutics, a clinical-stage biopharma company, is gaining attention for its novel protein degradation platform. With strong early data for its lead drug, key regulatory designations, and strategic partnerships with industry giants, the company is positioning itself to address unmet needs in multi-billion dollar oncology markets.
Vertiv Holdings Co launches 'Next Predict,' an AI-driven managed service aimed at enhancing data center reliability and operational resilience, directly targeting the demands of modern AI workloads and liquid cooling adoption.
Cipher Mining Inc. (CIFR), once a traditional cryptocurrency miner, has rapidly transformed into a key developer of industrial-scale data centers, capitalizing on the insatiable power demands of artificial intelligence. With a portfolio exceeding 3 gigawatts, primarily in power-rich West Texas, the company is now building the physical backbone for tech giants. This strategic pivot, however, raises critical questions about capital allocation and the sustainability of the AI infrastructure rush.
While surging data center demand promises growth for utilities like AEP, a critical 'transmission gap' and rising regulatory scrutiny pose significant risks to execution and future cash flows, challenging the current bullish narrative.
After a sharp post-earnings sell-off and insider sales, Power Solutions International (PSIX) faces a critical test. Investors are weighing near-term execution risks against the company's strategic positioning in the surging demand for data center power generation.
Rambus reported record annual revenue and earnings for fiscal 2025, fueled by strong DDR5 adoption and AI-driven data center growth. While a one-time supply chain issue is expected to pressure Q1 2026 product revenue, management expressed confidence in a swift recovery and sustained long-term momentum.
Elon Musk announces the merger of SpaceX and xAI, unveiling an ambitious plan to construct data centers in space, which he claims will become the most cost-effective source of AI computing power within years.
The Trump administration is preparing to review key data-sharing provisions within the Dodd-Frank Act, a move that could redefine privacy standards between traditional banks and financial technology firms like Venmo and Plaid, and alter the competitive balance of the financial sector.
Elon Musk has consolidated his AI venture, xAI, into SpaceX, creating a unified entity to pursue the audacious goal of deploying a million-satellite constellation that will function as solar-powered data centers in space, addressing the surging energy demands of artificial intelligence.
Elon Musk consolidates his space and AI ventures, creating a private sector titan valued at $1.25 trillion with an ambitious plan to address AI's energy demands by moving data centers into orbit.
