Neoclouds Ride The AI Wave
In Q1 2026, CoreWeave revenue hit $2.08B, Nebius $399M, and IREN (AI Cloud Services) $33.64M. All three grew revenue at triple-digit rates year-over-year.
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• InfrastructureEconomics Of AI
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Explore unbiased, data-driven AI insights across the five-layer stack: applications, models, infrastructure, chips, and energy.
AI Economic Signals
Tech Layoffs Are Rising Again
In the first five months of 2026, tech layoffs hit 116,304 – 8,332 short of the 2025 total. In May, the 3M moving average reached 26,712 – up 78% YoY.
AI Economic Signals
AI Is Showing Up In Job Postings
In April, Canada led the nine countries tracked, with AI terms showing in 16.4% of job postings on Indeed. Ireland and the UK followed at 13.6% and 8.3%.
Cloud Services
Neoclouds Ride The AI Wave
In Q1 2026, CoreWeave revenue hit $2.08B, Nebius $399M, and IREN (AI Cloud Services) $33.64M. All three grew revenue at triple-digit rates year-over-year.
Cloud Services
AI Demand Swells Cloud Backlogs
In Q1 2026, combined cloud backlog (RPO) at Microsoft, Alphabet, and Amazon hit $1.46T. Microsoft hit $633B, Google $468B, and Amazon $364B.