Crypto M - Crypto News
2.3K subscribers
15.9K photos
194 links
Your #1 destination for the latest and most unbiased market news on Bitcoin, Ethereum, NFT, Fintech, Web3, DeFi, and Blockchain.
Download Telegram
🚀 Oracle To Invest Over $6.5 Billion In Malaysia's Cloud Infrastructure

According to Odaily, Oracle has announced plans to invest more than $6.5 billion in Malaysia's cloud infrastructure. This significant investment aims to enhance the company's artificial intelligence and cloud computing capabilities within the country. The proposed cloud region will feature several specialized data centers focused on computing and storage services, ensuring compliance with data residency regulations. However, Oracle has not disclosed specific locations or timelines for the establishment of these cloud centers.

#Oracle #Malaysia #CloudInfrastructure #Investment #ArtificialIntelligence #CloudComputing #DataCenters #DataResidency
🚀 Microsoft Anticipates $1.5 Billion Revenue Decline Due To OpenAI Losses

According to Odaily, Microsoft CFO Amy Hood announced on Wednesday that the company expects a $1.5 billion revenue decline this quarter, primarily due to anticipated losses from OpenAI. Microsoft has invested nearly $14 billion in OpenAI, which is currently experiencing significant financial losses. Earlier this month, The Information reported that OpenAI is projected to incur a $5 billion loss this year, with revenues of $4 billion, excluding stock-based compensation.

Hood explained that for Microsoft, this loss is accounted for using the equity method. A Microsoft spokesperson clarified that this accounting method reflects a company's share of the profits or losses of an investee during a given period. The spokesperson also emphasized that the additional details are not due to any changes in Microsoft's relationship or investment with OpenAI. The collaboration between the two companies continues to yield results, as they develop differentiated intellectual property and drive revenue growth momentum.

Despite OpenAI being a central part of Microsoft's growth strategy, the company has been mitigating risks associated with integrating OpenAI's models into various products and serving as the exclusive cloud infrastructure provider for the startup. On Tuesday, Microsoft's GitHub subsidiary announced that it would allow developers to use models from Google or the startup Anthropic to support the Copilot Chat feature, instead of relying solely on OpenAI's GPT-4.


#Microsoft #OpenAI #revenue #financiallosses #investment #technology #cloudinfrastructure #GitHub #CopilotChat #growthstrategy
🚀 Aethir Announces $100 Million Fund Focused On AI And DeFAI Projects

According to Odaily, decentralized cloud infrastructure provider Aethir has announced the fourth round of its $100 million ecosystem fund. This round focuses on supporting projects in the AI Agents and DeFAI sectors. The projects receiving support include Hey Anon, dFusion AI Protocol, assisterr, Sentio, and Bloomsperg Terminal. Aethir is actively expanding its presence in the DeFAI market, aiming to simplify complex DeFi operations through AI, making it easier for more people to participate in decentralized finance.

#Aethir #AI #DeFAI #EcosystemFund #DecentralizedFinance #dFusionAI #HeyAnon #Assisterr #Sentio #BloomspergTerminal #CloudInfrastructure
🚀 Aethir's Third Quarter Revenue Expected to Surge by 20%

According to PANews, decentralized cloud infrastructure project Aethir announced on the X platform that July and August were record-breaking months, with an average monthly revenue of approximately $13 million. As September progresses, the third quarter is anticipated to be the strongest in terms of performance. The network revenue for this quarter is projected to exceed $39 million, marking a 20% increase compared to the second quarter's $32.6 million.

#Aethir #PANews #decentralizedcloudinfrastructure #ThirdQuarter #Revenue #20Percent #Q3 #XPlatform #CloudInfrastructure #NetworkRevenue #RecordBreaking
🚀 Oracle Plans $450-$500 Billion Fundraising for Cloud Infrastructure Expansion by 2026

Oracle Corporation announced on Sunday its intention to raise between $450 billion and $500 billion by 2026 through a combination of debt and equity financing to expand its cloud infrastructure capacity. According to Jin10, the company aims to secure funds to meet the contractual demands of its largest cloud infrastructure clients, including AMD, Meta, NVIDIA, OpenAI, TikTok, and xAI. Oracle plans to raise half of the target amount through equity-linked instruments and common stock issuance, which includes mandatory convertible preferred stock, alongside an ATM stock issuance program of up to $200 billion. The remaining funds are expected to be raised through a single bond issuance in early 2026.

#Oracle #fundraising #cloudinfrastructure #debt #equity #financing #stockissuance #bondissuance #AMD #Meta #NVIDIA #OpenAI #TikTok #xAI #2026
🚀 IREN's Stock Decline Linked to AI Partnership Expectations, Says Bernstein

IREN's stock experienced a significant drop following its financial report release, according to PANews. The decline, approximately 18% to around $39.79, was attributed to market disappointment over the absence of new major AI partnership announcements, rather than a deterioration in fundamentals.

Bernstein analysts highlighted that fluctuations in Bitcoin-related earnings are no longer central to IREN's investment strategy. Investors are increasingly focused on the company's progress in transitioning to AI cloud infrastructure. Despite a quarter-on-quarter decrease in Bitcoin mining revenue, IREN's AI cloud revenue more than doubled, securing approximately $2.3 billion in annual recurring AI cloud contracts. This figure is expected to rise to $3.4 billion by the fourth quarter of 2026, equivalent to deploying around 140,000 GPUs.

Bernstein maintains an "outperform" rating for IREN with a target price of $125, viewing the recent stock decline as a reset of expectations rather than a sign of deteriorating execution capabilities.


#IREN #StockDecline #AIPartnership #Bernstein #Bitcoin #CloudInfrastructure #AICloud #InvestmentStrategy #Earnings #MarketExpectations #FinancialReport #AnnualRecurringRevenue #TargetPrice #BTC
🚀 Amazon's Strategic Shift Towards AI and Cloud Infrastructure

Amazon is making a significant strategic shift towards artificial intelligence and cloud infrastructure, projecting $200 billion in capital expenditures by 2026. According to NS3.AI, this move aims to capitalize on growth in AI, data centers, and technology innovation. Despite a bearish short-term outlook, Amazon's dominance in e-commerce and cloud services, coupled with its strong AI investments, positions it favorably for long-term growth compared to Walmart. Recently, Walmart has closed the gap with Amazon in e-commerce, with its stock outperforming Amazon's by nearly 30% over the past year. However, Amazon's focus on technological advancements suggests a promising future beyond immediate market fluctuations.

#Amazon #AI #CloudInfrastructure #CapitalExpenditures #DataCenters #TechnologyInnovation #Ecommerce #Walmart #StockPerformance #LongTermGrowth
🚀 AMD Invests $150 Million in Nutanix Shares Amid Strategic Partnership

Advanced Micro Devices (AMD) is acquiring $150 million worth of shares in Nutanix, marking the beginning of a strategic collaboration between the two companies. Bloomberg posted on X, highlighting the significance of this investment as AMD seeks to enhance its position in the cloud computing sector.

The partnership aims to leverage Nutanix's expertise in cloud infrastructure to bolster AMD's offerings in the market. This move is expected to strengthen AMD's competitive edge and expand its reach in the rapidly growing cloud computing industry.

Nutanix, known for its innovative solutions in cloud computing, will benefit from AMD's advanced technology and resources, potentially accelerating its growth and market presence. The collaboration is anticipated to drive innovation and provide enhanced solutions to customers.

This strategic investment underscores AMD's commitment to expanding its capabilities and adapting to the evolving demands of the technology sector. Both companies are optimistic about the potential outcomes of this partnership, which could lead to significant advancements in cloud computing solutions.


#AMD #Nutanix #investment #cloudcomputing #partnership #technology #innovation #strategiccollaboration #cloudinfrastructure #marketexpansion
🚀 OpenAI and Amazon Announce Strategic Partnership

OpenAI and Amazon have announced a strategic partnership aimed at enhancing AI capabilities and expanding technological innovations. According to Jin10, this collaboration will focus on leveraging Amazon's cloud infrastructure and OpenAI's advanced AI models to drive new developments in the tech industry. The partnership is expected to foster innovation and provide enhanced AI solutions to a broader range of industries. Both companies are committed to pushing the boundaries of AI technology and delivering impactful solutions to their customers.

#OpenAI #Amazon #StrategicPartnership #AI #CloudInfrastructure #TechnologyInnovation #TechIndustry #AISolutions #Innovation