Traditional data centers only stored, retrieved and processed data. In the generative and agentic AI era, these facilities have evolved into AI token factories. With AI inference becoming their primary workload, their primary output is intelligence manufactured in the form of tokens. This transformation demands a corresponding shift in how the economics of AI infrastructure, […]
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Key Highlights First-quarter 2026 revenues reached $2.65 billion, representing a 30.1% annual increase and surpassing analyst projections Earnings per share of $1.17 on an adjusted basis significantly exceeded the $1.00 consensus forecast Shares have climbed 115% since the start of the year, trading at $340.02 and approaching the 52-week peak of $359.84 Wall Street sentiment remains positive with 21 of 26 analysts maintaining Buy recommendations, despite average targets trailing current valuations Management upgraded annual EPS projections to a range of $6.30–$6.40 while setting second-quarter outlook at $1.37–$1.43 Vertiv (VRT) shares are hovering near record territory following exceptional first-quarter results driven by accelerating artificial intelligence infrastructure buildouts. Vertiv Holdings Co, VRT The infrastructure solutions provider delivered first-quarter revenu
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Key Highlights Cantor Fitzgerald maintained its Overweight stance on NOW with a $122 price objective following the company’s analyst day and Knowledge conference in Las Vegas The enterprise software firm unveiled ambitious plans to exceed $30 billion in subscription revenue by the end of the decade, powered by agentic AI capabilities Leading institutional investors such as Vanguard and Jennison Associates substantially expanded their NOW positions during the fourth quarter Shares currently hover near $91, representing a significant retreat from the 12-month peak of $211.48, while analyst consensus targets $144.71 Wall Street maintains a Moderate Buy outlook despite widespread price target reductions following recent market pressure ServiceNow (NOW) stock continues trading around the $91 level, marking a substantial pullback from its 12-month peak of $211.48, yet ins
TeraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of transitioning from Bitcoin mining to AI infrastructure.
JPMorgan AI spending has been reclassified from discretionary innovation to core infrastructure, placing it alongside data centers and cybersecurity in the bank’s budget. JPMorgan has reclassified JPMorgan AI investment as core infrastructure, treating its $2bn annual budget as non-negotiable as…
With only a small tweak suggested by Danville City Manager Ken Larking, the City Council this week signed off on amending the municipal code to allow for data centers to operate in the city limits.
RIYADH, Saudi Arabia, May 7, 2026 — Aramco and IBM have announced their intended collaboration on opportunities to advance artificial intelligence, agentic AI, automation, material science and other mutually agreed […]
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SANTA CLARA, Calif. and CORNING, N.Y., May 7, 2026 — NVIDIA and Corning Incorporated have announced a multiyear commercial and technology partnership to dramatically expand U.S.-based manufacturing of the advanced optical […]
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