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DATA CENTER PROJECT FUNDING
Nvidia scales back funding guarantee for Ohio OpenAI data centre: WSJAccording to the report Nvidia and OpenAI are nearing an agreement, with the chipmaker expected to provide a financial backstop only for th...- AMD looks to raise $4 billion to $5 billion in debt offering, source saysAdvanced Micro Devices is looking to raise between $4 billion and $5 billion in a debt offering, a source familiar with the matter said...
- Vantage Data Centers explores IPO at $100 billion valuation or sale, sources sayVantage, backed by private equity firm Silver Lake and infrastructure investor DigitalBridge Group, could raise around $10 billion and purs...
- Samsung to manufacture AI data center HVAC products in India, expanding to Asia-PacificSamsung Electronics is establishing a dedicated factory in Pune for HVAC products. This new facility will serve AI data centers and other c...
- US stocks: CoreWeave, Super Micro surge on signs of sustained AI buildoutCoreWeave and Super Micro have seen their stock prices soar to new heights amid a rising tide of demand for AI infrastructure. CoreWeave ha...
- Bank of America to deploy $250 billion for US digital, infrastructure projectsBank of America plans to invest $250 billion in American infrastructure projects. This initiative will support digital and energy infrastru...
- Super Micro forecasts upbeat annual revenue on data center adoptionAI infrastructure firms have seen demand surge as tech and cloud companies ramp up data center investments to support AI applications.
- Mutual fund SIP inflows climb marginally MoM to Rs 31,961 crore in JulyMutual fund SIP inflows rose marginally to Rs 31,961 crore in July, up 12% year-on-year, while equity fund inflows declined 15% month-on-mo...
- Memphis AI data center fuels pollution fight in Black neighborhoodThe stench of rotten eggs and burning debris fills the air in Boxtown, a predominantly Black neighborhood in Memphis. Teenager Jasmine Bern...
- AI's hunger for power sparks US private gas plant boomAs US tech companies race to build the data centers fueling the AI boom, they are increasingly putting up their own power plants -- off the...
- Nvidia partners with Wall Street giants to raise $500 billion for AI buildoutIn an ambitious collaboration, Nvidia is joining forces with six prominent financial institutions to establish compute financing platforms ...
- Amazon’s Texas AI data center faces a huge climate problem: 7.65GW gas plant could become America’s biggest source of CO₂ emissions in the US as tech giant races to power the AI boomAmazon’s massive Texas AI data center is drawing environmental scrutiny after plans for a 7.65GW natural gas power plant revealed it could ...
- Data centre operator CyrusOne plans potential 2027 IPO, banks pitch for roles, sources sayThe private equity firms met investment banks including Goldman Sachs and Morgan Stanley last week and the banks pitched for roles on the...
- AI’s volatile power demand is damaging its own data centersAI data centres’ volatile power demand is damaging batteries, turbines and other equipment, raising downtime costs, delaying projects and c...
- “Our top priority is to…”: Why Texas just hit pause on new data centers as Greg Abbott orders audit amid Elon Musk’s Texas pushTexas has paused approvals for new data centers as Governor Greg Abbott orders a sweeping audit of projects seeking access to the state’s p...
- Amazon behind massive private gas plant for new data centersPreviously filed permits for the plant show it would have 35 turbines and generate 7.65 gigawatts -- larger than any gas plant currently op...
- Data centre firm Switch confidentially files for US IPO: BloombergThe company operates large-scale data centre campuses that provide power, cooling and connectivity needed for AI computing, enabling cloud ...
- Microsoft opens its largest India data center hub as AI race heats upMicrosoft launched its largest India data center in Hyderabad on Thursday. This new facility brings Microsoft's cloud regions in India to f...
- India's data centre capacity may reach 3-3.6 GW by 2030, hyperscalers to drive growth: Axis CapitalThe report noted that publicly announced capacity targets of 6-8 GW by 2030 appear aggressive. A more realistic estimate is 3.4-3.6 GW of p...
- Banks in talks to lend $15 billion for Anthropic data center backed by Google: WSJBig Tech has been pouring billions of dollars into AI data centers and computing power as demand continues to outstrip supply.
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