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The Latest Breaking News from Neocloud

Nebius hikes AI cloud prices again as demand for computing power soars

Demand for computing capacity to train and run AI models is surging; rival CoreWeave said earlier in the day that it is signing contracts at higher prices.

The Economic Times

IREN Is Quietly Outpacing CoreWeave on One AI Metric that Matters

IREN Is Quietly Outpacing CoreWeave on One AI Metric that Matters

The AI infrastructure race is usually measured by GPU clusters, hyperscaler contracts or multibillion-dollar backlogs. But a new ranking suggests investors may want to watch a different metric: how much contracted revenue companies generate from every megawatt of AI capacity.

CoreWeave CEO Michael Intrator cites ‘sold out’ capacity as revenue more than doubles and backlog swells to $104 billion

CoreWeave CEO Michael Intrator cites ‘sold out’ capacity as revenue more than doubles and backlog swells to $104 billion

The neocloud provider said revenue more than doubled in the second quarter, while backlog rose 246% year-over-year to $104.2 billion.

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Mining For Megawatts: AMD's Billion-Dollar Grid Grab

AMD is leasing up to 2.5 gigawatts of data center capacity from Core Scientific, converting former crypto mining sites into AI colocation infrastructure via long-term leases and equity warrants.

The Hidden Reason Why Wall Street Is Still Bullish on Credo Stock

Despite this week's pullback, the stock has received positive comments from one Wall Street analyst.

SpaceX’s Move Into Neocloud Operations Is Raising Expectations for Its Valuation and Partners Like Nvidia and Intel.

SpaceX's expansion into neocloud compute operations alongside its Starlink satellite internet and rocket business pushes its market value above $2 trillion shortly after its record IPO.

A $1.24 Trillion Reason to Buy Dell Stock Now

Dell is riding powerful AI and server tailwinds, steadily expanding market share while growth forecasts keep moving higher.

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Backblaze Sees AI Boom Fueling Cloud Storage Demand and Neocloud Deals

Backblaze (NASDAQ:BLZE) Chief Executive Gleb Budman said the cloud storage company is seeing a material shift in demand tied to artificial intelligence workloads, as customers seek alternatives to hyperscaler platforms and newer AI-focused cloud providers look to add storage capabilities. Speaking

Is Backblaze the Next Momentum Monster?

Is Backblaze the Next Momentum Monster?

Backblaze is rapidly emerging as the essential storage backbone for the AI and Neocloud revolution, disrupting legacy providers with superior economics.

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