technology

Investment manager I Squared Capital on Tuesday said that it has bought 10 data center facilities from Cogent Fiber for $225 million in cash, marking its latest bet on AI infrastructure. I Squared said it plans to use the assets as a “seed” for a new US data center operating platform, committing a further $1…

AI & Tech

Intel’s comeback story is even wilder than it seems

Naveed Ahmad3 weeks ago01 mins

Bloomberg has a deep dive this week into how Intel CEO Lip-Bu Tan is trying to rescue one of Silicon Valley’s most storied, and stumbling, chipmakers. It’s worth a read, but it actually undersells the most jaw-dropping part of the story: Intel’s stock has risen a stunning 490% over the past year, a bet by…