Cumulative spending globally on data centers alone could top $30 trillion by 2050, according to a projection by PwC, almost matching the va...

The new COO, Justin Osofksy, worked at Meta for 18 years in various executive roles and was most recently its chief partnerships officer.

Baker Hughes (BHI) reported that the US oil and gas rig count decreased by one to 598 for the week ended October 2. It was the first decrea...

In a bold move, Amazon has pledged to pour more than $1 billion into the communities hosting its data centers, aiming to alleviate worries ...

Singapore's Temasek is not worried about the massive levels of spending from hyperscalers powering the AI buildout, its executive said on T...

Unlike most South Park episodes, the billionaires are not shown as recognizable public figures. Trey Parker and Matt Stone instead portray ...

Accelevation's shares began trading below the initial public offering price of $18, reflecting current market instability. The company, whi...

Accelevation and selling shareholders raised $540 million in a US initial public offering, the private equity-backed data center infrastruc...

AI borrowing and investing continues. Hyperscalers have issued around $250 billion of debt this year, and that total is expected to rise sh...

A 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 Electronics will invest $500 million, while Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance, and Samsung Fire & Marin...

Data center operator DayOne is preparing for a potential US IPO in November, targeting a valuation near $20 billion. The company plans to f...

The 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 operator DayOne is pushing ahead with its plans to go public as soon as November, according to three people familiar with the m...

Senate Republicans are set to vote on the Ratepayer Protection Act to tackle rising electricity prices. They aim to win over voters struggl...

Oracle's move to protect itself against potential delays at a massive data center project developed by Blue Owl in New Mexico sent a chill ...

Meta's plan to build a C$13 billion ($9 billion) data center in Alberta has boosted the Canadian province's appeal for hyperscalers, who se...