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DATA CENTER PROJECTS 2030
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...- Extreme heat can erase hundreds of thousands of jobs in India's cities by 2050: World BankIndian cities face significant job losses due to extreme heat by 2050. Extreme heat already costs South Asia millions of jobs annually. Ris...
- MediaTek plans $5 billion financing for AI data-center chipsMediaTek approved five billion dollars for long-term growth and AI chip expansion. The company aims to reduce smartphone reliance and suppl...
- Heat to hit jobs across Indian cities: World BankExtreme heat could make outdoor work increasingly unsafe across Indian cities, leading to significant job-equivalent labour losses and econ...
- 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.
- Cost of four new Kudankulam reactors jumps 55% after Ukraine war delaysThe cost of four new Kudankulam nuclear reactors has significantly increased. Construction delays, exacerbated by the Ukraine war, pushed b...
- US strikes $58.6 billion Patriot missile deal amid rising stockpile concernsThe US Army awarded Lockheed Martin a significant contract for Patriot interceptor missiles. This deal aims to bolster depleted weapons sto...
- US House Democrat asks Musk to answer for polluting xAI data centersA US Representative has requested documents from Elon Musk concerning his AI data centers. He seeks information on turbines, emissions, and...
- Cognizant forecasts weak quarterly revenue amid cautious client spendingCognizant Technology has revised its third-quarter revenue projections, now falling short of Wall Street's expectations. The cautious stanc...
- NextEra, Brookfield plan $100 billion Kentucky data center campusNextEra, the largest US utility, would deliver 2 gigawatts of natural gas-fired power and 2.6 GW of battery storage capacity to support the...
- India may need $350-435 billion investment in AI, data centre infrastructure by 2030: ReportIndia requires substantial investment for its digital economy's infrastructure. AI adoption and cloud computing will drive significant data...
- In 1999, a farmer donated land for a children's park, now it's home to a $1 billion data center sparking a bitter community fightTaylor data center controversy: A ten-dollar land deal for a future park in Taylor, Texas, now faces a billion-dollar data center proposal....
- Meta, BlackRock partner on $14 billion El Paso data centerMeta Platforms and BlackRock are developing a $14 billion data center campus in El Paso, Texas. BlackRock-managed funds will own eighty per...
- Nvidia behind $50 billion lease on Texas data center, FT reportsIn an impressive move, Nvidia is reportedly set to lease Hut 8's data center in Texas, with the value of the arrangement potentially soarin...
- Nvidia in talks with OpenAI to guarantee $250 billion financing for data centre: WSJThe power for the project is controlled by the US government and funded separately by Japan under a recent trade deal, with US Commerce S...
- Digital Realty raises annual FFO forecast on robust data center demandDigital Realty Trust has raised its forecast for funds from operations for the entire year, driven by a surge in leasing activity from clou...
- HCLTech to invest $1.48 billion in AI data center, open 5,000-seat tech hubHCLTech will invest $1.48 billion to set up its first AI data centre in Odisha with Sarvam AI, as Indian IT firms expand into AI infrastruc...
- Trump pledge on data center power supplies draws skepticismPresident Donald Trump announced a non-binding pledge for energy infrastructure. Power producers and data centers will fund massive AI-rela...
- How a Pennsylvania couple turns struggling hog farm into $22 million fortuneRural American land values are rapidly increasing due to AI data center expansion. A Pennsylvania family sold their hog farm for over twent...
- BlackRock-backed group commits $5 billion for Aligned Data CentersIn a significant development, a group backed by the investment giant BlackRock has pledged a massive $5 billion to Aligned Data Centers. Th...
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