ai infrastructure4 articles
Berkshire Hathaway Drops $10 Billion on Alphabet's AI Infrastructure Gamble
Alphabet is raising $80 billion to expand its AI infrastructure, with Warren Buffett's Berkshire Hathaway contributing $10 billion through a private placement, alongside public share offerings backed by Goldman Sachs, J.P. Morgan, and Morgan Stanley. The company, which reported 22% revenue growth and a 63% surge in Google Cloud revenue in Q1 2026, plans capital spending of $180–190 billion in 2026 to meet what it describes as "unprecedented customer demand." Critics note, however, that much of the AI cloud boom is being driven by OpenAI and Anthropic, both of which remain unprofitable.
SoftBank Bets 75 Billion Euros on French AI Data Centres
SoftBank has announced plans to invest up to 75 billion euros in AI data centers across France, with an initial phase of 45 billion euros targeting 3.1 gigawatts of capacity in the Hauts-de-France region by 2031. The project, announced at President Macron's Choose France summit, includes partnerships with Schneider Electric and French startup Sesterce, and is expected to create thousands of jobs. The investment is part of SoftBank's broader global AI infrastructure push, though many of its international projects, including efforts in the US, UK, and Abu Dhabi, have yet to fully materialise.
SpaceX's IPO Filing: Monopoly Ambitions, Mounting Losses, and Musk at the Controls
SpaceX has filed for a long-awaited IPO, arguing that its extreme vertical integration across rocket manufacturing, satellite deployment, AI, and data centre infrastructure makes it uniquely positioned to dominate a self-claimed $28.5 trillion total addressable market. Despite revenues of $18.7 billion in FY2025, the company posted a $4.9 billion loss, with losses accelerating into 2026. The filing grants Elon Musk near-total control as CEO, CTO, and board chairman, leaving investors largely betting on his vision and execution.
Nvidia Posts Record Quarter, Investors Shrug
Nvidia reported record first-quarter results, with revenue up 85% year-on-year to $81.6bn and net income more than tripling to $58.3bn, driven by surging demand for AI infrastructure chips. Despite beating expectations, shares fell 1.6% in after-hours trading, as analysts noted investors have grown accustomed to Nvidia's exceptional performance and are seeking even higher growth. Concerns about increasing competition, as major clients develop their own chips, also weighed on investor sentiment.