Microsoft plans to expand its data-center capacity to 38 gigawatts by 2032, up from 12 gigawatts today. The company's capital expenditure is estimated at $145 billion for 2026, with an adjusted figure of $175 billion.
Oracle reported $7.4 billion in infrastructure revenue last quarter, while capital expenditures reached $28.5 billion. The company expects cloud business growth between 64% and 70% year over year, despite generating negative free cash flow of $5 billion.
The Pentagon is negotiating a $5 billion loan for AI cloud infrastructure startup Fluidstack. Fluidstack has previously raised $1.5 billion from Jane Street and maintains partnerships with Google and Anthropic.
Semiconductor startup Positron raised $875 million at a $5 billion valuation, a significant increase from its $1 billion valuation six months ago. The round was co-led by investors including NEA, Valor Equity Partners, and Jim Clark.
Chinese AI chipmaker Enflame debuted on the stock market with a valuation of $26 billion. The company reported 2025 revenue of ¥990 million and a net loss of ¥1.16 billion, aiming for breakeven in 2026 or 2027.
Spirit Airlines faces objections from vendors, including startup Springshot, regarding the sale of its enterprise dataset to Google. The dataset contains tens of millions of emails and hundreds of millions of documents.
