Tag: AI Infrastructure
Limerick Engineering Firm Lands Major Backing to Fuel Global Growth and...
H&MV Engineering has secured €750m in backing, valuing the Limerick company at €1.4bn as it targets global expansion and 1,000 new hires.
SpaceX Revenue Jumps but Massive AI Spend Sends Shares Sliding
SpaceX beat revenue forecasts, but its huge AI infrastructure spending unsettled investors and sent shares lower.
AI Infrastructure Newcomer Lands Massive Compute Deal and Multibillion-Dollar Valuation
Volta Infra emerges with a $2.4bn valuation and a reported $10bn Anthropic-linked compute deal, highlighting the booming AI infrastructure market.
Apple Posts Record June Quarter but Signals Fresh Supply Pressure Ahead
Apple reported a record June quarter but warned that supply constraints and rising memory costs could put pressure on future growth.
China’s Chipmaking Push Puts New Pressure on the Global Lithography Race
China’s move into advanced lithography could reshape chip manufacturing and influence AI, cloud and tech supply chains in Ireland and beyond.
Meta Revenue Climbs as AI Spending and Legal Costs Squeeze Q2...
Meta grew revenue in Q2 2026, but heavy AI infrastructure, legal costs and severance drove profits and margins lower.
Moonshot AI’s $3.5bn Surge Signals a New Phase in the Global...
Moonshot AI’s reported $3.5bn funding round highlights surging investor demand and the growing global race to build powerful AI models.
Nvidia Backs Safe Superintelligence With Major Compute and Capital Push
Nvidia reportedly plans a $5bn partnership with Safe Superintelligence, giving the AI company major compute power and scale.
Global Smartphone Shipments Hit 13-Year Q2 Low as Memory Crunch Bites
Global smartphone shipments fell to a 13-year Q2 low as memory shortages, AI demand and higher prices hit consumers hard.
Scaleway Boosts AI Cloud Ambitions With Qarnot Deal
Scaleway is acquiring Qarnot to expand AI-ready cloud computing and add energy-saving HPC technology built around waste heat recovery.
