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MICROSOFT DATA CENTER EXPANSION
Microsoft's quantum computing technology called into question, againA new scientific critique in Nature casts doubt on Microsoft's quantum computing claims, potentially impacting its 2029 target. While rival...- Meta, Microsoft lead $850 billion boom in data center leasesTech giants Meta and Microsoft are pouring billions into future data center leases, pushing industry-wide commitments past $850 billion. Me...
- Oracle layoffs 2026: Tech giant's headcount shrinks by 21,000 amid rapid AI adoptionAI adoption has led to a 13% decline in Oracle's total workforce. The company said in its filing that the workforce adjustments were in res...
- Qualcomm nearing deal for AI chip startup Modular: reportA global supplier of smartphone chips, Qualcomm has been working to reduce its reliance on the volatile handset market by branching out in...
- US stocks: S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on IranUS market saw a mixed close as the S&P 500 and Nasdaq dipped, primarily due to tech giants like Alphabet facing investor scrutiny over AI s...
- Chevron signs pact with Microsoft for powering its Texas data centreChevron and Microsoft have partnered for a 20-year deal to power a Texas data center. The Kilby facility will supply 2.67 gigawatts using G...
- US stocks: Oaktree-backed ITG targets $2.7 billion valuation in US IPODigital infrastructure firm ITG is aiming for a valuation of up to $2.67 billion in its US stock market debut, seeking to raise as much as ...
- India to witness rapid data centre growth fueled by favourable demographics: Goldman SachsThe report, titled Outlook for Data Centers in Asia, states that data centre demand is expected to grow at a 20% compound annual growth rat...
- Data centers are stewing in their own pollutionA new study reveals a significant portion of planned data centers face high climate risks, potentially becoming uninsurable due to extreme ...
- AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...
- Abu Dhabi's MGX weighs multi-billion deal for data centre operator DayOneAbu Dhabi's AI investor, MGX, is reportedly exploring the acquisition of Singapore-based data centre operator DayOne, signaling a significa...
- Amazon points to water conservation steps in India amid data centre scrutinyAmazon has achieved a significant water conservation milestone in India, becoming "water positive" a year ahead of schedule. This means the...
- Meta signs new AI computing deals with data center firm Crusoe: ReportMeta is under contract to buy computing capacity from Crusoe at two data centers, which are located in Childress, Texas, and Warrenton, Mi...
- RMZ to ramp up data center capacity with $35 billion push, exec saysThe Bengaluru-headquartered company, which currently has 250 megawatts of capacity, is in the final stages of discussions for three data ce...
- Power and IT set to remain dominant industries as pvt sector leads India's investment landscape in post-Covid era: ReportPower and IT sectors are set to lead India's economic growth. New investment announcements show a strong focus on electricity and technolog...
- Space startups seek insurance for orbital AI data centersCompanies are exploring insurance for orbital AI data centers. This is a significant development for a new industry backed by Elon Musk's S...
- Federal regulators back Trump's plan to speed power to energy-hungry AI data centersFederal regulators are speeding up power grid connections for big energy users like AI data centers. This move aims to boost America's comp...
- Microsoft makes big AI inroads in China by selling OpenAI modelsMicrosoft is significantly growing its AI business in China, with ByteDance reportedly spending over $1 billion annually on its cloud and A...
- 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 ...
- 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 ...
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