BUSINESSSEMAFOR
Hyperscalers are strapped for cash
Alphabet, Meta, Microsoft, and Amazon are increasing capital expenditures for AI development, leading to financial strain. Companies are shifting from stock buybacks to issuing new shares, with Alphabet raising $85 billion and Oracle planning up to $25 billion. Intel partners with Foxconn to address data center scaling challenges, while EU data center plans face funding delays.
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Adjacent reporting
- HIVE, Keel push deeper into AI data centers with capital raise, asset sale
- Core Scientific plans $3.3B debt raise to fund AI data center push
- Zerohash pursues new funding at more than $1.5 billion valuation after Mastercard drops investment plans
- MARA Holdings to buy Long Ridge Energy in $1.5 billion AI data center push
- CoreWeave-Tied Data Center Raises $900 Million in Junk-Bond Sale
- Alphabet seeks $80 billion to fund AI buildout