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Kyndryl shares surge 30% on hyperscaler-related revenue growth

Shares of Kyndryl Holdings Inc. jumped 30% today after it reported better-than-expected earnings for the second quarter of its 2027 fiscal year. Kyndryl generated $3.9 billion in sales during the three months ended Sept. 30. That represents a 1.9% decrease from a year earlier, but the company still managed to top the consensus estimate by […] The post Kyndryl shares surge 30% on hyperscaler-related revenue growth appeared first on SiliconANGLE.

Anthropic is burning gas to feed the AI boom

As it prepares to go public, Anthropic's S-1 filing makes generative AI's methane dependency glaringly obvious. "Competition for access to electrical supply and data center locations with adequate power availability is intense." In documents filed with the US Securities and Exchange Commission Monday, Anthropic acknowledges that data centers are becoming increasingly reliant on "natural gas" […]

Anthropic is burning gas to feed the AI boom
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