ai-infrastructure
SK Hynix's Nasdaq listing raises $26.5 billion, the largest first-time US listing by a foreign company ever News
SK Hynix raised $26.5 billion in a Nasdaq listing that topped Alibaba's record for the largest US IPO ever by a foreign company, priced on the strength of its dominance in the high-bandwidth memory that AI accelerators depend on.
Analysts warn Nvidia's AI boom is being propped up by a circular financing loop with the 'neoclouds' News
An IO Fund analysis details how Nvidia invests billions into GPU-rental 'neoclouds' like CoreWeave that then use that capital to buy Nvidia chips -- a self-reinforcing loop that includes a $6.3 billion Nvidia backstop obligating it to buy CoreWeave's unsold GPU capacity through 2032.
Nvidia is now backstopping the sales of its own chips News
Nvidia formalized a financing program that guarantees a revenue floor for cloud firms buying its GPUs in exchange for a cut of their sales - a move analysts say could help drive AI debt past $7 trillion by 2029.
Oracle's own filing lays out how its hundreds-of-billions AI datacenter bet could go wrong News
Oracle's regulatory filing candidly enumerates the risks of its massive AI datacenter buildout for clients like OpenAI, including customer non-payment, contract non-renewal, demand misjudgment, and constrained, volatile power supply.