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US DATA CENTER GROWTH
U.S. hiring stalls at 29,000, yet Dow, S&P 500 and Nasdaq surge: Why Wall Street welcomed September’s weak jobs reportUS jobs report and markets: The U.S. added only 29,000 jobs in September, far below the 90,000 economists expected. Unemployment also edged...
Amazon to invest $1 billion over five years in US data center communitiesIn a bold move, Amazon has pledged to pour more than $1 billion into the communities hosting its data centers, aiming to alleviate worries ...
Temasek comfortable with current AI spending levels, executive saysSingapore's Temasek is not worried about the massive levels of spending from hyperscalers powering the AI buildout, its executive said on T...
US Market: AI credit surge tests lenders as future revenues remain uncertainAI-related borrowing has surged substantially in low-rated U.S. firms this year, prompting investor scrutiny of financial assumptions. Lend...
US stocks: Nasdaq rises while S&P, Dow dip as softer inflation cools Fed hike betsOn Wednesday, inflation data led to mixed market movements, with the Nasdaq increasing slightly. The Dow and S&P 500 faced declines, althou...
US stocks: AI infra firm Accelevation valued at $3.9 billion as shares fall in Nasdaq debutAccelevation's shares began trading below the initial public offering price of $18, reflecting current market instability. The company, whi...
"Much bigger than the Internet": Trump announces US to officially rename AI to 'Super Intelligence'At a recent White House luncheon, President Trump announced the reclassification of Artificial Intelligence to Super Intelligence. He state...
US private job growth picks up sharply in September: ADP dataUS private sector hiring experienced a significant rebound in September, with employers adding 90,000 jobs, up from 38,000 in August. This ...
Trump says top tech firms have signed accord to 'self-police' AI developmentPresident Donald Trump and executives from top tech companies met to discuss the development of artificial intelligence. They signed a volu...
AI infra firm Accelevation, shareholders raise $540 million in US IPOAccelevation and selling shareholders raised $540 million in a US initial public offering, the private equity-backed data center infrastruc...
Not even $10,000 per household could convince this rural Pennsylvania town to stop protesting an AI data center projectA Pennsylvania town was offered $10,000 for each of its roughly 4,500 households as part of a proposed AI data center project, but many res...
Samsung, affiliates commit $1 billion to KKR-backed Helix Digital AI buildoutSamsung Electronics will invest $500 million, while Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance, and Samsung Fire & Marin...
AI spending growth seen slowing sharply by 2028, marking shift towards software: Morgan StanleyMorgan Stanley expects the next 6-12 months to be a transition period, with opportunities broadening beyond semiconductor and infrastructur...
Global Market: DayOne pushes ahead with potential November IPO amid data center scrutinyData center operator DayOne is preparing for a potential US IPO in November, targeting a valuation near $20 billion. The company plans to f...
Data centre IPO hopefuls brave tougher market as investor scrutiny growsThe Singapore-based company develops and operates data centers for cloud and AI customers. It plans to make its filing with the US Securiti...
Data center IPO hopefuls brave tougher market as investor scrutiny growsData center operator DayOne is pushing ahead with its plans to go public as soon as November, according to three people familiar with the m...
Microsoft's new India cloud region to use effectively 'zero water' for cooling: President Puneet ChandokAddressing the Microsoft AI Infrastructure Summit India, Chandok announced the company's fourth cloud region in India - India South Central...