In 1999, a Texas farmer donated 87 acres for a public park for just $10, and in 2025, the city sold it to a data center developer for $10 millionA Texas farmer's 1999 gift of 87 acres for a park was intended to benefit local children. Decades later, that land is slated for a data cen...
09 Jun, 2026, 03.33 PM IST
China prepares $295 billion plan to fund nationwide AI buildout: ReportNational Development and Reform Commission is among key government agencies drafting a blueprint to build a network of inter-connected co...
09 Jun, 2026, 03.20 PM IST
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...
09 Jun, 2026, 08.44 AM IST
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...
09 Jun, 2026, 08.35 AM IST
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...
08 Jun, 2026, 07.39 PM IST
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...
08 Jun, 2026, 10.33 AM IST
Charting the global economy: Jobs, inflation feed rate-hike betsStrong hiring across sectors and expanding manufacturing activity signal labor market strength, while upcoming US price data and ECB decisi...
07 Jun, 2026, 08.38 AM IST
Marvell to join S&P 500 after AI boom helps chipmaker pass profitability testThe company will replace swimming pool equipment distributor PoolCorp on the benchmark index before the start of trading on June 22. Marvel...
06 Jun, 2026, 08.42 AM IST
Hidden AI Winners: Little-known D-Street stocks soar up to 530%Indian industrial companies are experiencing significant growth by supplying components for data centers. These firms are crucial for build...
05 Jun, 2026, 09.56 AM IST
New York state legislature passes one-year data center moratoriumNew York's state legislature passed a bill Thursday night that would prevent permits from being issued for the construction of new data cen...
05 Jun, 2026, 09.10 AM IST
US officials eye government stakes in AI companies, NOTUS reportsWhile the planning is ongoing and details are in flux, discussions have centered on having the firms voluntarily cede the shares to the go...
05 Jun, 2026, 06.58 AM IST
Gas engine maker Innio valued at $23 billion as shares jump in Nasdaq debutInnio, the innovative gas engine manufacturer, made a spectacular entrance on the Nasdaq, with its market valuation soaring past $23 billio...
04 Jun, 2026, 10.26 PM IST
Nvidia starts shipping TSMC-backed CPO switches to tackle AI data centre bottlenecksNvidia Corp. on Wednesday announced that it has started shipping its next-generation co-packaged optics (CPO) switches, developed in collab...
04 Jun, 2026, 01.59 PM IST
European Union launches tech sovereignty initiative to boost chips, cloud and AI at homeEuropean Union leaders are boosting local tech production. They aim to reduce reliance on American AI and cloud services. Efforts are also ...
03 Jun, 2026, 07.59 PM IST
Nvidia CEO says has capacity to supply robust CPU and GPU growthHuang was speaking at Nvidia's GTC press conference during Computex week in Taipei a day after the $5 trillion chip giant unveiled a new c...
02 Jun, 2026, 08.30 AM IST
SoftBank to invest €75 billion in 5 GW French AI centresSoftBank Group is set to invest up to $87 billion in France to build 5 gigawatts of AI data center capacity, aiming to establish the countr...
01 Jun, 2026, 06.19 AM IST
I Squared bets on AI inference with $225 million data centre buy from CogentInvestment manager I Squared Capital has acquired 10 data centre facilities from Cogent Fiber for $225 million. This move signals a signifi...
26 May, 2026, 06.48 PM IST