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Jabil raises annual profit forecast amid strong data center demandJabil has raised its profit forecast for 2026, fueled by a surge in demand from AI-powered data centers. This boom in infrastructure invest...- Amazon Now to launch 100 large fulfilment stores in key markets ahead of Prime DayAmazon Now is launching 100 large fulfillment centers across major Indian cities, significantly expanding its product assortment beyond dai...
- Fast-tracked power plants fuel AI boom, with little public scrutinyNew power plants are being built at an unprecedented speed to meet the growing demand of tech companies. These facilities, often fueled by ...
- Schneider Electric, Foxconn partner on AI data center infrastructureSchneider Electric and Taiwan's Hon Hai Technology Group, known as Foxconn, are joining forces. They will develop and scale infrastructure ...
- Amazon to expand automation use in inventory management at India fulfilment centresIn an interview with PTI, Amazon Robotics Chief Technologist Tye Brady said the company already uses several automation solutions in its In...
- Anthropic pursues data center leases, seeks financial backing from GoogleAI firm Anthropic is planning to lease and manage its own data centers. The company is seeking financial backing from Alphabet's Google for...
- US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investorsOracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating ...
- KKR launches $10 billion AI infrastructure company with Nvidia, VistraThe Kuwait Investment Authority, AI chip giant Nvidia and utility firm Vistra are anchor investors in the company, called Helix Digital I...
- Americans wary of AI-driven data center boom, Reuters/Ipsos poll showsAmericans are not happy with the fast building of data centers for AI. Most people do not want these centers in their neighborhoods. They w...
- Hidden AI India winners add $48 billion on data-center boomIndian industrial companies are experiencing significant growth by supplying components for data centers. This trend is driven by massive g...
- OpenAI considers drastic price cuts, anticipating war for users with Anthropic: ReportThe ChatGPT-maker confidentially filed for an IPO earlier this week after archrival Anthropic did the same last week. OpenAI CEO Sam Altman...
- Oracle's AI spending blows past estimates, raising worries over growing debtOracle, which has major deals to build data centers for customers such as Meta Platforms and OpenAI, is working to position itself as a ma...
- Meta partners with Reliance to lease 168 MW AI data centre in JamnagarMeta has deepened its India bet by partnering with Reliance Industries to build its first AI-ready data centre in the country, leasing 168 ...
- OpenAI weighs leasing Ohio data center with Nvidia backing: ReportOpenAI is in negotiations to lease a proposed 10-gigawatt data center campus on federal land in Ohio, in a deal that could include finan...
- Meta funds skilled trades jobs program for AI data center buildoutThe cost-free program, America's Workforce Academy, will end in guaranteed job offers to graduates, the company said in a statement. A Meta...
- Applied Digital signs $5.2 billion AI data center lease with US hyperscalerMajor technology companies are raising their spending on data centers to support powerful artificial intelligence models, boosting demand...
- Amazon, Corning sign multi-billion-dollar deal to boost fibre optics manufacturing in USAmazon has partnered with Corning in a multi-billion dollar deal. This collaboration aims to significantly increase the production of optic...
- AI-driven data centre demand far outstrips supply despite record hyperscaler spending: JefferiesGlobal demand for data centres continues to significantly outpace available supply, creating a structural shortage that is expected to pers...
- Pinterest deepens Amazon partnership with $4 billion cloud dealPinterest is investing heavily in its future with Amazon Web Services. The social media company will spend four billion dollars on cloud se...
- US stocks: Pinterest deepens Amazon partnership with $4 billion cloud dealAmazon.com's cloud computing unit will provide Pinterest its custom chip processors, including Graviton and Trainium, to help scale its AI ...
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