Databricks has raised over $4 billion at a staggering $134 billion valuation. CEO Ali Ghodsi sees clear bubbles in AI but believes his company’s focus and enterprise revenue justify the number. An IPO is coming, but not until the time is right.
Google Cloud is completely overhauling its partner program for 2026. The new Google Cloud Partner Network introduces a Diamond tier and ties all rewards directly to proven customer success, not just sales volume.
SoftBank is considering a massive acquisition to fuel its AI ambitions. The Japanese giant is in talks to buy data center operator Switch, which is seeking about $50 billion. This follows SoftBank’s heavy investment in OpenAI and its Stargate project.
Nicnet, a Brazilian fiber optic provider, is launching two new data centers in São Paulo state. The facilities, set to open in February, aim to meet demand for mission-critical infrastructure.
Masayoshi Son’s SoftBank is on the hunt for AI infrastructure deals. The latest target appears to be data center giant Switch and its private equity backer, DigitalBridge Group.
The biomass energy giant is preparing a planning application for an initial 100MW data center that could be online by 2027. The full 1GW campus, likely built with partners, wouldn’t come online until after 2031.
Oracle just told investors its AI buildout is getting even more expensive, raising its 2026 capital expenditure forecast by a whopping $15 billion. The news sent shares tumbling over 11%, even as the company reported strong cloud growth and a backlog swollen by commitments from Meta and Nvidia.
Microsoft is finally giving Mac users a native screen sharing experience in Teams. The feature taps directly into Apple’s system, but it’s currently in preview and lacks remote control.
Oracle reports earnings Wednesday amid a massive stock sell-off. The company faces questions about its huge AI deals and debt levels, even as analysts see potential for a rebound.
AI infrastructure giant CoreWeave is proposing a new $2 billion convertible notes offering. This comes as the company’s interest payments have tripled and it plans to spend up to $14 billion this year alone, highlighting the massive capital burn behind the AI boom.
