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AI Data Centres Hunt Used Jet Engines as New Gas Turbines Face Six-Year Delivery Timelines

The AI power rush has created an unprecedented bottleneck in energy infrastructure. With new gas turbine deliveries stretching to 2030-2031, AI data centres are turning to second-hand turbines, refurbished equipment, and converted jet engines to meet soaring power demand.

Business2 sources

AI Data Centres Hunt Used Jet Engines as New Gas Turbines Face Six-Year Delivery Timelines

Business2 sources

Goldman Sachs CEO David Solomon says AI financing demand remains strong despite market jitters

Goldman Sachs CEO David Solomon told CNBC that AI infrastructure financing demand stays robust despite recent selloffs in chipmakers and neocloud providers. The bank remains active in AI capital markets deals while leading Anthropic's potential IPO. Solomon pushed back against political opposition to data center construction, warning infrastructure could move outside the U.S.

Business3 sources

Goldman Sachs CEO David Solomon says AI financing demand remains strong despite market jitters

Business3 sources

AI Investment Boom Set to Slow in 2027 as $800 Billion Spending Faces Revenue Reality Check

Capital Economics predicts AI investment growth will decelerate in 2027 before falling 10% in 2028, potentially dragging down GDP. Hyperscalers are spending $800 billion this year, but revenues must surge 10-fold by 2030 to justify the pace, raising concerns about market corrections and economic impact.

Business2 sources

AI Investment Boom Set to Slow in 2027 as $800 Billion Spending Faces Revenue Reality Check

Business2 sources

RBA's Sarah Hunter says AI has yet to boost productivity or trigger widespread job losses

Reserve Bank of Australia Assistant Governor Sarah Hunter stated that artificial intelligence has shown limited evidence of lifting productivity or causing significant employment disruption. Speaking at the UBS Australasia Conference, she warned AI investment could pose growing financial stability risks if returns fall short of expectations.

Policy2 sources

RBA's Sarah Hunter says AI has yet to boost productivity or trigger widespread job losses

Policy2 sources

Anthropic Bypasses Six-Year Wait, Secures $3.4B in Gas-Fired Power for AI Data Centers

Anthropic struck a $3.4 billion deal to secure 1.7 gigawatts of gas-fired generators from OnePWR Solutions, taking over equipment orders originally placed with Caterpillar. The transaction highlights how surging power demands of AI are forcing companies to bypass traditional suppliers and directly control power-generation equipment amid six-year backlogs.

Business15 sources

Anthropic Bypasses Six-Year Wait, Secures $3.4B in Gas-Fired Power for AI Data Centers

Business15 sources

Google Takes Over Crusoe's Troubled Wyoming Data Center Project With $17 Billion Investment

Google has acquired Crusoe's unfinished data center site in southeast Wyoming and will invest $17 billion to develop it. The deal came after the AI infrastructure developer failed to secure customers, with Google raising concerns about costs and construction timelines. Despite the setback, Crusoe maintains over 6 gigawatts of contracted capacity.

Business7 sources

Google Takes Over Crusoe's Troubled Wyoming Data Center Project With $17 Billion Investment

Business7 sources

AI Financing Under Pressure: Banks Retreat as CoreWeave Bond Yields Spike Above 16%

Banks and investors are pulling back from AI debt deals following a brutal market selloff that erased $2.5 trillion from the Nasdaq 100. CoreWeave's bond yields have surged past 16% as credit stress spreads across AI infrastructure financing, raising questions about the sustainability of the AI spending boom and potential systemic financial risks.

Business6 sources

AI Financing Under Pressure: Banks Retreat as CoreWeave Bond Yields Spike Above 16%

Business6 sources

Microsoft Ends Oracle AI Computing Deal as It Reassesses $80B in Cloud Partnerships

Microsoft is winding down its 2023 deal to rent AI computing power from Oracle after declining to renew the contract. The rented servers ran older Nvidia chips that no longer matched Microsoft's evolving needs. This move is part of a broader reassessment of over $80 billion in external cloud contracts, signaling a strategic shift in how the tech giant manages its AI infrastructure investments.

Business3 sources

Microsoft Ends Oracle AI Computing Deal as It Reassesses $80B in Cloud Partnerships

Business3 sources

DRAM Revenue Explodes 369% as AI Demand Sends Memory Prices to Record Highs

DRAM revenue surged to nearly $200 billion in Q3 2026, marking a 369% year-over-year surge driven by AI data center demand. Memory prices hit $1.90 per gigabit as Samsung, SK hynix, and Micron post record profits while memory shortages squeeze PC and smartphone markets.

Business3 sources

DRAM Revenue Explodes 369% as AI Demand Sends Memory Prices to Record Highs

Business3 sources

IREN AI Cloud Revenue Triples to $200M as Neocloud Beats Quarterly Revenue Estimates

IREN reported first-quarter revenue of $228 million, exceeding analyst estimates of $221 million, driven by AI cloud services that surged 182% to $200 million. However, the neocloud firm delayed its $4 billion annualized revenue target from December 2026 to January 2027 due to customer-requested changes and supplier timing issues.

Business6 sources

IREN AI Cloud Revenue Triples to $200M as Neocloud Beats Quarterly Revenue Estimates

Business6 sources

A&O Shearman commits $1.1 billion to AI strategy as law firms race to dominate legal tech

A&O Shearman announced a $1.1 billion investment in AI over five years, requiring legal teams to dedicate at least 3% of billable time to building AI tools. The move intensifies competition among major law firms like Latham & Watkins and Kirkland & Ellis, which are investing heavily in AI adoption in the legal industry.

Business3 sources

A&O Shearman commits $1.1 billion to AI strategy as law firms race to dominate legal tech

Business3 sources

AI Demand Creates Severe Chip Supply Bottlenecks for Automotive Industry

Major chipmakers warn that surging AI demand is diverting semiconductor manufacturing capacity away from automotive applications. Nexperia reports being totally oversubscribed as foundries prioritize higher-margin AI data center chips over mature automotive components, creating supply chain bottlenecks that industry leaders say are already impacting car production.

Business7 sources

AI Demand Creates Severe Chip Supply Bottlenecks for Automotive Industry

Business7 sources

Google Commits $15 Billion to Build AI Data Centres in Malaysia, Creating 9,000 Jobs

Google announced a $15 billion investment in Malaysia over 2027-2028 to build AI-focused data centers, expanding its earlier $2 billion commitment. The facilities will support AI services like chatbots and image generators while promising energy efficiency and clean energy capacity additions. However, concerns mount as data centers are projected to consume one-third of Malaysia's energy by 2035.

Business3 sources

Google Commits $15 Billion to Build AI Data Centres in Malaysia, Creating 9,000 Jobs

Business3 sources

AI Deployment Engineers Command Executive-Level Pay Up to $1.45 Million as Talent Scarcity Drives Salaries

Companies now pay elite AI deployment engineers between $586,000 and $1.45 million annually, with senior leaders earning up to $2.25 million. Only 2,000 top-tier specialists exist in the US market, creating fierce competition as enterprises shift from external consultants to internal AI development teams.

Business2 sources

AI Deployment Engineers Command Executive-Level Pay Up to $1.45 Million as Talent Scarcity Drives Salaries

Business2 sources

Arista Networks Posts Record 59% Revenue Growth as AI Networking Takes Center Stage

Arista Networks delivered its strongest quarterly performance ever with $3.66 billion in Q3 revenue, up 59% year-over-year. CEO Jayshree Ullal highlighted a fundamental industry shift from compute-centric to network-centric AI architectures, as companies recognize networking's critical role in maximizing GPU utilization and reducing cost per token in AI operations.

Business2 sources

Arista Networks Posts Record 59% Revenue Growth as AI Networking Takes Center Stage

Business2 sources

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