Topic: #investment
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Nvidia CEO: AI infrastructure costs $50B–$60B per gigawatt
Nvidia CEO Jensen Huang told G20 innovation ministers that building a single gigawatt of AI computing infrastructure would cost between $50 billion and $60 billion, underscoring the massive capital requirements needed for global AI competitiveness.
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Canada seeks $1 trillion investment as US trade tensions escalate
Prime Minister Mark Carney is pitching 167 infrastructure and tech projects to global investors at a September summit, targeting $1 trillion in new capital over five years as US-Canada trade relations deteriorate.
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Bezos, Saverin, Bhatia near $6B Liverpool Football Club stake
Jeff Bezos, Facebook co-founder Eduardo Saverin, and investor Amit Bhatia are in advanced negotiations to acquire roughly 30% of Liverpool Football Club in a deal valuing the club near $6 billion, with a possible announcement expected in mid-August 2026.
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Convalt Energy commits $6.2B to build hydropower plant and AI data center in Lesotho
Convalt Energy signed a $6.2 billion memorandum of agreement with Lesotho to build a 1,200 MW hydropower facility and AI data center in Mokhotlong District, marking the country's largest foreign direct investment and positioning the US to compete with Chinese infrastructure dominance in Africa.