The money behind AI: what AI, chip, data-centre and space-tech news means for the companies behind it and their shares. Company developments and economics, never investment advice.
AI data-centre builders have sold more than $28bn of bonds and convertibles this year, and Cipher priced $850m more the day before the CoreWeave rout. Here is how each one funds itself, and the risks.
ASML sold a record €11.7bn in the third quarter and said planned supply for 2027 and 2028 will not fully meet customer demand. Here is what that means for AI chips, what the filings show, and how the shares moved.
CoreWeave shares fell by a third in two weeks and its 2031 bonds traded at yields near 16%. Here is what drove the sell-off, how much CoreWeave owes and when, and what the company has said.
IREN shares lost a third of their value between 6 and 16 October without a single announcement from the company. Here is what drove the slide, what the filings show, and what to watch next.
TSMC beat its own forecast, raised its outlook and said it sees "no sign of slowdown" in AI demand. Its US shares fell anyway. Here is what the results say about AI chips, and what moved the stock.
Microsoft has confirmed it is leaving Nscale's planned AI supercomputer site in Essex, weeks before Nscale's US listing. The problem is not money or chips. It is getting power from Britain's grid.
A manufacturing flaw in Neutron’s carbon-fibre propellant dome has pushed Rocket Lab’s new rocket into 2027, two months after the company said it was on track for the pad this year.
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