Super Micro Computer Inc. forecast revenue for the current quarter that exceeded analysts’ estimates and raised its annual sales outlook, signaling continued strength in demand for the company’s servers packed with artificial intelligence chips.

In 2015, executives at the Silicon Valley hardware firm known then as JDSU spun off a division making optical components and commercial lasers, believing the unit would be better off chasing growth opportunities on its own.

Situational Awareness is raising money from its investors to plow into neocloud startup Fluidstack Ltd., just three months after highly levered bets on artificial intelligence firms nearly led to the hedge fund’s implosion.

OpenAI intends to buy artificial intelligence computing chips from Alphabet Inc.’s Google, according to a person familiar with the matter, part of broader efforts by the ChatGPT maker to build out its AI infrastructure.

The chief of Crusoe, a data center developer and AI computing supplier that has contracts with firms including Meta Platforms Inc., Oracle Corp. and Alphabet Inc.’s Google, called the recent selloff of so-called neoclouds “overblown” and said rival CoreWeave Inc. has done “some very good deals.”

“What is a GPU?” Blackstone Inc. executives asked CoreWeave Inc.’s leadership. Also: “Is AI real?”

High-frequency trading firms are even building their own data centers as they compete for an edge in the AI era.

Venture capitalists are fighting to invest in AI startup Emulate, driving its valuation into the billions — even though the company is only three months old and doesn’t yet have a website or product.

Shares of Super Micro Computer Inc. jumped after the company reported preliminary quarterly results that topped analysts’ estimates.

Pigment, a French AI company that competes with Microsoft’s Excel and PowerPoint, has raised $250 million in a funding round, bolstering a push by a prominent European startup to take on an American technology giant. The financing, set to be announced Tuesday, values the company at $2.3 billion. The Scaleup Europe Fund led the round, with participation from Nvidia Corp. and World Innovation Lab, a US and Japan-based fund, as well as existing institutional investors Iconiq, IVP and Meritech Capit

Nscale Ltd., the AI cloud computing firm, is in talks to sell computing power to Anthropic PBC in a deal that could be worth about $45 billion, according to people familiar with the negotiations.

For just about any company, it’d be an audacious thing to say: Find a way to get an investment-grade credit rating, and gain the privilege of borrowing “unlimited” pools of money.

CoreWeave Inc. Chief Executive Officer Mike Intrator, facing a plunge in the company’s stock and bond prices, said the market is acting “irrationally” and that he remains confident in the AI cloud company’s business model.

OpenAI has named former xAI executive Uday Ruddarraju to lead its infrastructure and compute businesses, marking the latest leadership shakeup for its teams focused on expanding data center capacity.

Applied Materials Inc. expects to double revenue over the next few years, without a commensurate rise in hiring, because it’s relying more on artificial intelligence tools for things like product development and quality control.

Broadcom Inc., fresh off the launch of a $60 billion debt financing to help fund Anthropic PBC’s artificial intelligence build-out, is already sketching out plans for its next blockbuster deal.

AI cloud-computing provider CoreWeave Inc. is continuing an expansion in Asia with its first data centers in India, part of a venture involving conglomerate Adani Group.

Micron Technology Inc. gave an upbeat forecast for the current quarter, fueled by the AI building frenzy, though the chipmaker warned that rising compensation would weigh on profit margins.

CoreWeave Inc., the original neocloud, is tired of people categorizing it that way.

Hewlett Packard Enterprise Co. boosted its networking revenue forecast and announced a $1.2 billion order from cloud company Vultr, giving fresh signals that it’s benefiting from the AI build-out.