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AI INVESTMENT AND ENERGY COSTS
HCLTech Q1 profit rises; Sops to fuel Indian chipsHCLTech began FY27 with a strong first-quarter performance. This and more in today's ETtech Top 5.- White House to rally utilities, data centers over AI power costsThe White House plans a voluntary pledge for utility companies and data centers. This initiative aims to manage AI's growing electricity de...
- Meta expands Louisiana data center to 5 gigawatts compute capacityMeta plans a significant expansion of its Louisiana data center to five gigawatts. This major investment will support the company's growing...
- US Stock Market: Inflation gathers pace as tariffs, energy costs and AI investment lift price pressures, says FedU.S. inflation accelerated during spring due to tariffs and rising energy costs. The Federal Reserve's report shows inflation remains signi...
- Private late-stage cheques go big at $86 million average this yearLate-stage startup funding in India is increasingly flowing into fewer but much larger deals, driven by AI infrastructure, data centres, cl...
- Stocks priced for ‘sunshine and rainbows’ now face earnings testWall Street enters the second-quarter earnings season with expectations near record highs, leaving companies with little room for disappoin...
- Meta announces $9.17 billion Canada AI data center that will consume electricity equal to 800,000 homesMeta will invest C$13 billion to build its first Canadian AI data center in Alberta. This massive facility will require electricity equival...
- Morgan Stanley warns AI chip rally may be running out of steamMorgan Stanley's Lisa Shalett warned semiconductor stocks may be overvalued as hyperscalers increasingly develop lower-cost proprietary AI ...
- SpaceX's near-term AI payoff seen tethered to Earth, not outer spaceSpaceX's current value stems from building essential AI infrastructure on Earth. The company is generating significant revenue from terrest...
- SpaceX's near-term AI payoff seen tethered to Earth, not outer spaceInfrastructure providers, particularly data centers, are poised to be among the biggest beneficiaries of the AI boom as businesses and cons...
- Asia growth improves but ADB warns of persistent headwindsAsian economic growth is projected at 4.9% for 2026, a slight improvement from earlier forecasts. Lingering Middle East conflict impacts co...
- Are data centres uncool? Questions over AI's ecological trade-off are growing louder but solutions may be emergingAI's environmental strain from data centers and resource exploitation is causing growing public concern. Communities face water shortages a...
- Microsoft emissions surge 27% as AI buildout crimps climate goalsMicrosoft's greenhouse gas emissions jumped 27 percent in its latest fiscal year, the tech giant disclosed Thursday, adding to a wave of wo...
- US Stock Market: Meta unveils C$13 billion AI data centre in Canada; stock in focusMeta Platforms will invest C$13 billion in its first Canadian data centre. This facility in Sturgeon County, Alberta, will support artifici...
- Meta to build C$13 billion Alberta data center, its first in CanadaMeta has doubled down on AI, pledging hundreds of billions of dollars to build large AI data centers in the U.S. The Alberta announcement r...
- Stocks in news: TCS, Nalco, Maruti Suzuki, Natco Pharma, HFCLIndian markets saw a significant decline on Wednesday, influenced by global factors. TCS anticipates modest profit growth amid client spend...
- Temasek targets big jump in AI investments as value of portfolio hits record highTemasek, which owns stakes in Anthropic and OpenAI, also said its net portfolio value climbed to S$518 billion ($400 billion) last financia...
- Warren Buffett's successor puts record $400 billion cash pile to work. What's he buying?Greg Abel has started deploying Berkshire Hathaway's record cash pile after taking over as CEO from Warren Buffett. With nearly $400 billio...
- AI race weakens climate pledges at Google, AmazonGoogle and Amazon this week reported sharp increases in greenhouse gas emissions, driven by the frantic construction of artificial intellig...
- A coastal city in the south is quietly powering India's AI futureVisakhapatnam is emerging as India's next AI infrastructure hub, attracting massive investments from tech giants like Google and Reliance. ...
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