Nebius Plans $40–45 Billion Capex as Delays Hit Microsoft Deal
Nebius grew revenue 571% to $980.8 million but cut 2026 guidance and pledged $40–45 billion for 2027 capex as Microsoft site delays test the neocloud model.
Topic
Capital Expenditure
Topic
Capital Expenditure
CoreWeave Revenue Hits $3.66 Billion in Q3 as Backlog Swells to $132.5 Billion
CoreWeave's Q3 2026 revenue jumped 168% to $3.66 billion with a $132.5 billion backlog, but GAAP net loss widened to $709 million…
Meta's Infrastructure Chief Santosh Janardhan to Exit in 2027
Meta infrastructure chief Santosh Janardhan departs in 2027 as ex-AWS exec David Brown takes over a unit burning cash faster than…
Ultra Clean Holdings Posts Record $759M Quarter, Targets $5B Run-Rate
Ultra Clean Holdings posted record Q3 2026 revenue of $759.0 million, up 48.8% YoY, beating consensus by $31.5M, with Non-GAAP EP…
Big Tech Burned $496.7 Billion on AI Gear. Buybacks Paid the Bill
Microsoft, Alphabet, Amazon and Meta spent $496.7 billion on equipment in nine months — nearly all their operating cash. Alphabet…
Alphabet's 12.6% Crash: Wall Street Demands AI Revenue, Not CapEx
Alphabet lost 12.6% in a day, its worst since the 2004 IPO, as negative free cash flow and surging AI capex forced investors to d…
AWS to Hit $1 Trillion Revenue — But Amazon Must Spend $220B First
Jassy says AWS will be a $1 trillion revenue business in 5-10 years, with 40% growth through 2028 — but 2026 capex hits $220 bill…
NextDC Shares Plunge 42% After Grid Delay Forces Forecast Cut
NextDC shares dropped 41.7% after community opposition stalled a Melbourne grid upgrade, forcing a $140 million revenue guidance…
Meta May Be First Big Tech Firm to Signal Higher AI Costs
Meta could be the first major tech company this earnings season to foreshadow higher-than-expected AI costs for next year, settin…
Alphabet to Lift AI Capex Above $200 Billion Again Next Year
Alphabet's Ruth Porat says capex will "increase significantly" next year beyond the roughly $200 billion spent in 2026, as Google…
The Data Center Gold Rush Is Creating Unlikely Winners
Business Insider reports the AI-driven data center construction boom is spreading profits to unexpected industrial beneficiaries…