Netflix is securing a staggering $59 billion bridge loan from major banks to fund its acquisition of Warner Bros. Discovery. The deal values Warner Bros. at over $82 billion in enterprise value. This is one of the largest corporate loans in history.
Microsoft has officially enabled Storage Spaces Direct and traditional SAN storage to coexist within the same Failover Cluster. This is a direct response to customer demand for flexible data migration. The move blends modern hyper-converged infrastructure with legacy investments.
Kroger is making a massive $350 million payment to UK tech firm Ocado after deciding to shut down three automated fulfillment centers. The move signals a major strategic retreat from high-tech warehouses in favor of using stores for online orders.
Cloudflare suffered another service disruption early Friday, impacting a wide swath of the internet. Unlike a major outage a few weeks ago, the company says a fix has already been implemented.
Fortune’s report from the DealBook Summit reveals a business elite adapting to constant upheaval. While leaders dismiss AI as a bubble, they’re normalizing rapid policy shifts and a staggering concentration of wealth.
ASP DC, a Norwegian data center developer, has agreed to buy the CompassForge Real Estate I project in Pori, Finland. The site has potential for up to 400MW of capacity, with the first 150MW phase slated to begin operations in early 2027.
MongoDB’s stock skyrocketed following a massive earnings beat, driven by its Atlas cloud database platform. The company is seeing broad-based demand, particularly for AI-related workloads, signaling strong momentum in the competitive database market.
Australia’s new National AI Plan includes a push to accelerate data center investment with faster approvals and government support. The strategy aims to link this boom to renewable energy, but the country’s grid, still reliant on fossil fuels, faces a massive new demand shock from the power-hungry f
The explosive growth of AI data centers is compressing utility planning cycles from a decade down to just three years. With transmission projects taking 7-10 years and data centers needing power in 18-36 months, the entire system is out of sync. The solution requires a fundamental shift in how we bu
Google has pulled its EU antitrust complaint against Microsoft only a week after European regulators launched a formal investigation. The sudden reversal comes after Google had accused Microsoft of restricting customers to its Azure cloud platform.
