Microsoft Azure brought in $75bn for FY2025, company deployed 2GW data center capacity
Microsoft shares rose eight percent following earnings call
Microsoft shares rose eight percent following earnings call
Microsoft loses exclusive partner status, still wants some guarantees
Unclear if this builds on previous $4.3bn commitment
Lead investors said to be Lightspeed Venture Partners and Index Ventures
A new modular data center offering
Will be used for general corporate purposes
Provider of HPC and hosting infrastructure puts out call to investors
More funding for global data center rollout pending
Company completes refinancing and pivots after passing of CEO
Group tries again despite previous bid stalling
Will also be used to develop new AI solutions, and the Grok platform
The two Core companies are courting, say sources
Company cites strong growth in the US and APAC regions as driving factors
Follows funding round in late 2024
Up from $9bn valuation at the end of 2023
Will be the first non-founder financial anchor for the partnership
Will be used to fuel expansion plans
JPMorgan Chase to provide funding for US Stargate project, and potential plans for Stargate in APAC laid out
Will be used to refinance existing debt
Company also announces new CFO
Builds on $1.3bn raised earlier this year
Profit hurt by operating and interest expenses
Existing shareholder Arch Capital to remain minority owner
Round co-led by Magnetar and AMD Ventures