Big Tech buries billions in AI debt as bubble fears mount February 19, 2026 Meta is paying roughly $6.5bn (£4.82bn) in extra financing costs to keep $27bn of AI infrastructure borrowing off its balance sheet, a costly accounting choice that captures the mood in Big Tech’s race to build the pipes of AI without spooking investors. The arrangement, known as special purpose vehicle financing (SPV), allows an external entity [...]
US markets rally as tech stocks look to boost AI capabilities February 19, 2026 US markets closed higher on Wednesday, as tech stocks reaped the benefits of investors once again brushing off fears of an AI bubble. Tech stock share prices boomed, following reports from Bloomberg that Open AI is close to finalising the first phase of a new funding round, which is expected to bring in more than [...]
Meta signs Nvidia deal as AI infrastructure bill soars February 18, 2026 Meta has announced a a multi-year partnership with Nvidia to expand its artificial intelligence (AI) infrastructure, as it continues to commit billions to data centres. The deal will grant the Facebook owner access to the chip giant’s latest processor, and covers deployments across Meta’s various branches. It will see the social media group roll out [...]
Nscale bags $1.4bn loan as AI infrastructure shifts to private credit February 13, 2026 London-based AI cloud provider Nscale has secured a $1.4bn (£1.03bn) delayed draw term loan backed by GPUs, in one of the largest private credit deals yet tied directly to AI hardware deployments in Europe. The facility was led by funds managed by Pimco, Blue Owl and LuminArx Capital Management, with support from additional asset managers [...]
Tiktok parent Bytedance joins race to build in-house AI chips February 11, 2026 China’s Bytedance is stepping up its own silicon push with plans to produce at least 100,000 AI chips this year. The move comes as tech giants scramble to cut their reliance on market leader Nvidia, and lock in scarce computing power. The Tiktok creator is reportedly in talks with Samsung Electronics to manufacture the processor, [...]
UK fintech investment hits lowest since pandemic despite Revolut boost February 11, 2026 Investment into the UK’s fintech sector tumbled to a five-year low in 2025 even after a major boost from industry juggernaut Revolut. UK fintech received just shy of $11bn (£8bn) in investment in 2025, falling a fifth from the $13.4bn notched the year prior, according to new figures from KPMG. A hefty chunk of the [...]
Fractile pledges £100m UK expansion amid AI chip push February 10, 2026 UK chip start-up Fractile has announced a £100m expansion of its British operations, scaling up in London and Bristol as ministers step up calls for greater domestic ownership of critical AI. The investment, which will be rolled out over the next three years, will fund a new industrial hardware engineering facility in Bristol. The move [...]
AMD’s AI push gathers pace behind Nvidia February 4, 2026 Advanced Micro Devices (AMD) delivered another quarter of rapid growth, beating Wall Street forecasts on both revenue and earnings. Yet its shares tumbled as investors weighed what the numbers mean in a market still dominated by chip giant Nvidia. The chipmaker reported fourth quarter revenue of $10.27bn (£7.49bn), up 34 per cent year on year, [...]
UK fintech stamps its authority on Europe but faces global threats January 8, 2026 The UK tightened the grip on its European fintech crown in the last year but came under growing pressure from fast-growing competitors ramping up their influence. A surge in investment in the second half of 2025 helped UK fintech hold onto the second place spot for total investment. The UK attracted $3.6bn (£2.7bn) last year, [...]
Universal partners with Nvidia to prevent AI ‘slop’ in music January 7, 2026 Universal Music Group has struck a historical deal with AI chip giant Nvidia to “pioneer responsible AI for music discovery, creation, and engagement”, the companies announced on Tuesday. Combining Nvidia’s advanced AI infrastructure alongside Universal’s vast catalogue of tracks, the partnership aims to explore tools that elevate artist creativity, while ensuring copyright compliance and proper [...]