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ALBERTA AI DATA CENTER
Meta announces $9.17 billion Canada AI data center that will consume electricity equal to 800,000 homesMeta will invest C$13 billion to build its first Canadian AI data center in Alberta. This massive facility will require electricity equival...- AI data centre boom doubles Big Tech debt to $350 billion in five yearsMajor AI data center builders have doubled their debt in five years. This borrowing finances an unprecedented spending spree for economic t...
- Morgan Stanley warns AI chip rally may be running out of steamMorgan Stanley's Lisa Shalett warned semiconductor stocks may be overvalued as hyperscalers increasingly develop lower-cost proprietary AI ...
- Kandou AI to open India chip design headquarters in HyderabadBharat Rashtra Samithi (BRS) Working President and former Telangana IT Minister KT Rama Rao on Friday said Kandou AI's decision to establis...
- SpaceX's near-term AI payoff seen tethered to Earth, not outer spaceSpaceX's current value stems from building essential AI infrastructure on Earth. The company is generating significant revenue from terrest...
- SpaceX's near-term AI payoff seen tethered to Earth, not outer spaceInfrastructure providers, particularly data centers, are poised to be among the biggest beneficiaries of the AI boom as businesses and cons...
- Microsoft emissions surge 27% as AI buildout crimps climate goalsMicrosoft's greenhouse gas emissions jumped 27 percent in its latest fiscal year, the tech giant disclosed Thursday, adding to a wave of wo...
- Donald Trump's son bet big on Bitcoin, lost $600 million from family fortuneAmerican Bitcoin, though, stuck with its crypto strategy and has seen its shares slump more than 95% from their peak. That’s erased more th...
- Meta to put AI chip into production in September as it looks to double computing capacity, memo showsMeta Platforms plans to manufacture its own artificial intelligence chip starting September. This initiative aims to significantly increase...
- US Stock Market: Meta unveils C$13 billion AI data centre in Canada; stock in focusMeta Platforms will invest C$13 billion in its first Canadian data centre. This facility in Sturgeon County, Alberta, will support artifici...
- Meta to build C$13 billion Alberta data center, its first in CanadaMeta has doubled down on AI, pledging hundreds of billions of dollars to build large AI data centers in the U.S. The Alberta announcement r...
- Big Tech joins Calgary Stampede oil bash, as Canada courts data centersBig Tech companies are increasing their presence at the Calgary Stampede. Alberta is actively seeking data center investment, offering affo...
- TeraWulf jumps on $19 billion data center lease deal with AnthropicTeraWulf signed a 20-year lease with Anthropic for AI data center infrastructure, securing about $19 billion in contracted revenue. The dea...
- Microsoft joins AI-driven tech layoff wave with 4,800 job cutsMicrosoft is cutting approximately 4,800 jobs, representing 2.1% of its workforce. This move follows a wave of tech layoffs and significant...
- Blackstone's QTS terminates Digital Gateway data center project in VirginiaThe data center operator has faced years of local opposition and litigation over the project, despite it being approved by the Prince Wil...
- AI race weakens climate pledges at Google, AmazonGoogle and Amazon this week reported sharp increases in greenhouse gas emissions, driven by the frantic construction of artificial intellig...
- Crusoe in talks to raise $3 billion funding: reportThe startup has contracts to supply AI computing power for the likes of Meta and Oracle, the report said, as technology giants spend bill...
- Valar nuclear startup partners with Nvidia on data center aiming to conserve waterCalifornia-based Valar announced the partnership in Utah at the site of its small nuclear plant called a microreactor. It also ran a demo...
- Oaktree-backed ITG jumps in Nasdaq debut, signaling strong AI infrastructure demandThe debut adds to signs that investor appetite for companies supporting the AI buildout remains robust, as hyperscalers and technology fir...
- Qualcomm forecasts $15 billion data center chip sales by 2029, shares soarQualcomm also said it expects $40 billion in revenue from chips outside its smartphone stronghold by 2029, up from previous estimates of $2...
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