10 results on this page
Nebius Group plans to raise $4.5 billion through convertible bonds to build artificial intelligence data centres. The offering includes $2.75 billion of notes maturing in 2030, with the remainder issued in a second tranche.
Nebius Group is seeking to raise $4.5 billion through convertible bonds. The company plans to use the capital as it builds data centers to meet demand for artificial intelligence services.
Ant Group’s quarterly profit barely grew after the company increased spending on artificial intelligence. The investments target healthcare, large language models, and payment services, while expansion costs also pressured results.
Alibaba Group reported a 9% revenue increase as growing AI development in China boosted demand for computing capacity from its cloud business. The results highlight how AI infrastructure demand is supporting Alibaba’s broader growth.
Stecon Group Pcl plans to bid for three data-center construction projects valued at a combined 49.8 billion baht, or about $1.5 billion. The company expects Thailand’s accelerating technology investment to drive further growth.
Big Tech companies are increasing local public-relations efforts to win support for the data centres needed to expand AI infrastructure. Campaigns reportedly include town halls, tax concessions, and sponsorship of community groups as opposition grows across the United States.
Vercel CLI now includes a `vercel vcr` command group for managing Vercel Container Registry repositories, images, and tags. Developers can authenticate Docker, Podman, or Buildah with short-lived project-scoped tokens, then build and push images using standard tooling.
Chinese compound-semiconductor foundry Haiwei Huaxin said its second-largest shareholder, Haite Gaoxin, organized more than 100 people to enter the company by force. The group allegedly opened a safe and took four company seals, including the official company seal and contract seal.
A Reddit discussion examines the risks of grouping underrepresented classes into a catch-all category in multiclass classification. It questions whether heterogeneous labels distort decision boundaries and whether rare classes should instead be handled through out-of-distribution detection or excluded from training.
Kling AI generated more than RMB 850 million in Q2 revenue, up 240% year over year, making it the standout growth driver in Kuaishou’s otherwise slowing business. Kuaishou is prioritizing AI investment, spinning Kling AI out for independent financing at an implied valuation of US$18 billion despite near-term profit pressure.