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AI DATA CENTER MARKET
Qualcomm to cut jobs worldwide in performance-focused layoffs, internal memo shows: Reuters reportsQualcomm will begin notifying employees of job cuts in November as a part of its annual reviews. CEO Cristiano Amon mentioned the aim is to...- 3M expands Amazon data center partnership, shares gain3M said it has issued a warrant to a wholly owned Amazon subsidiary, giving it the right to purchase up to 3.16 million 3M shares over the ...
- OpenAI seeks to accelerate fundraising ahead of Anthropic IPO, sources sayOpenAI is working swiftly to secure funds before Anthropic's anticipated public market debut in mid-November. The fundraising effort could ...
- Infosys expands partnership with Truist, builds AI-first GCC in HyderabadThe GCC will be adding 1,000 employees later this month, Infosys informed in a statement, and is expected to further expand with more peopl...
- AI's hidden power problem: 'Weeteq' claims to cut the electricity wasted inside data centresPower consumption is a growing challenge for AI data centers, primarily due to outdated voltage management systems. To tackle this, Weeteq ...
- 'I call it a bribe': Pennsylvania residents spurn $10,000 data center checksLocal opposition blocked or delayed at least 75 data center projects in the first three months of 2026, according to Data Center Watch, whi...
- Microsoft pulls out of UK data center deal with Nscale: TelegraphThe US tech giant, one of Nscale's two largest customers, recently terminated its agreement for the data center in Loughton, Essex, accordi...
- AI race may depend more on access to power, infrastructure than chip supply: Morgan StanleyThe assessment comes as rapid investment in AI infrastructure threatens to outpace the availability of electricity, raising concerns that s...
- AI race may depend more on access to power, infrastructure than chip supply: Morgan StanleyAccording to Morgan Stanley's latest analysis, the burgeoning AI infrastructure market is on track to experience a dire electricity shortfa...
- Wall Street Week Ahead: As AI rally wobbles, stock market's spotlight turns to earningsInvestor confidence in the market is wavering due to recent declines in AI-linked stocks and semiconductor firms. Upcoming quarterly result...
- AI is coming for every company, Nvidia boss Jensen Huang says"Every single company will be an AI company eventually. Every single industry will be impacted by AI," Jensen Huang told an event late Thur...
- India’s clean power firms prepare for an AI-fuelled data center demand surgeIndia is preparing to accommodate increased demand for renewable energy from data centers driven by artificial intelligence. The country's ...
- India’s family offices bet on homegrown AI firms to gain groundIndia’s tech landscape is witnessing an influx of investments from family offices and wealthy individuals. Key players like Premji Invest a...
- Big Tech wants to build more AI data centres across America. Why local communities are pushing back against the costs of the AI revolutionCities across America are imposing temporary moratoriums on data centre approvals to address infrastructural concerns. Local governments ar...
- US midterms 2026: Why AI data centres, power bills and water use are becoming local election issuesThe 2026 US midterm elections are on the horizon and data centers for artificial intelligence are becoming a big issue Voters are worried a...
- Shares of AI player CoreWeave sink on debt worriesCoreWeave, a prominent data center operator, faced a notable 15.5 percent decline in its stock price, settling at $65.78. Investors express...
- US Stock Market: Why have S&P 500, Dow Jones, Nasdaq suffered worst day since July at Wall Street?US stock Market today: Much of Wall Street’s pain on Wednesday was due to drops for companies riding the AI frenzy to huge profit growth an...
- US stocks: AI shares tumble up to 16%, erasing $80 billion as hot US inflation fuels rate fearsAmid rising inflation, major AI firms like CoreWeave and Dell Technologies experienced significant stock price drops, losing around $80 bil...
- Sequoia-backed chip startup Nuvacore raising funds at about a $2.5 billion valuationNuvacore is seeking to raise the funds as the appetite for central processors has swollen due to the thirst for data-crunching capacity to ...
- Data centers' 'flexible' power usage could save the grid billions. Can they scale?In light of rising electricity demands from data centers, technology firms and utility providers are exploring innovative strategies to inc...
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