A significant market event involving Jefferies and side letters has led to a $12 billion collapse. Separately, OpenAI is pioneering innovative chip procurement strategies, including a circular deal where they offer equity to AMD in exchange for AI chips, potentially worth billions, to diversify their infrastructure and reduce reliance on a single vendor. This deal involves OpenAI providing warrants for 160 million AMD shares, approximately 10% of AMD, contingent on deployment milestones and AMD's share price targets.
Meanwhile, European data centres are experiencing a boom fuelled by the surge in artificial intelligence, with private capital firms initiating over €17 billion in sales. Firms like Oaktree, Partners Group and EQT are capitalising on the growing demand for digital infrastructure to support AI and cloud expansion. These transactions reflect investors' pursuit of long-term contracted revenues in a sector crucial for AI and cloud computing.
Orange is reportedly considering selling stakes in its French data centres, joining other European players looking to monetise their assets. This flurry of activity underscores the increasing value of data centre capacity, driven by the insatiable appetite for AI and the limitations of current operators to fund necessary investments internally.
