Global Market: AI chip rally faces valuation test as investors rotate towards hyperscalersAI chipmaker stock rallies are losing momentum as investors reassess valuations. Hyperscaler capital expenditure growth is projected to slo...
17 Jul, 2026, 12.41 PM IST
Among AI crowd, some investors position for slower hyperscaler spending growthFor most of the past two years, the opposite trade prevailed: investors piled into semiconductor and infrastructure companies on the assump...
17 Jul, 2026, 11.30 AM IST
Opposition to data centres grows in cramped urban JapanThe more Yoriko Kitagawa learns of a massive data centre to be built near her home in Hino on the outskirts of Tokyo, the more she worries....
17 Jul, 2026, 11.20 AM IST
Americans are angry about data centers. Politicians are feeling the pressureJust down the road, though, cranes reach above towering fences at the site of a $16 billion project - one that has turned this town of 2,40...
17 Jul, 2026, 08.22 AM IST
Where authorities are restricting data centres amid AI boomGovernments globally are restricting new data centre construction due to rising concerns. New York State enacted a one-year construction mo...
15 Jul, 2026, 01.54 PM IST
New York won't build big data centers for a year as it weighs energy and climate risksThe move pushes the state into a raging debate over how to regulate the AI industry, as concerns over rising electric bills and environment...
15 Jul, 2026, 08.15 AM IST
Data center firm Switch taps banks for IPO that could value it up to $80 billionData center operator Switch is preparing for a significant initial public offering. This offering could potentially raise up to ten billion...
14 Jul, 2026, 09.02 PM IST
New York becomes first US state to impose a data center moratoriumThe moratorium positions New York at the forefront of a growing national debate over how to manage the infrastructure needed to support art...
14 Jul, 2026, 05.03 PM IST
New York first US state to ban new data centres for a yearNew York has paused large data center construction for one year. This action addresses concerns about rising power costs and strained water...
14 Jul, 2026, 03.00 PM IST
HCLTech to invest Rs 3,500 crore in data centre businessThis came alongside the announcement of the IT company's June quarter result. HCLTech posted over 20% year-on-year rise in its consolidated...
13 Jul, 2026, 06.41 PM IST
Meta expands Louisiana data center to 5 gigawatts compute capacityMeta plans a significant expansion of its Louisiana data center to five gigawatts. This major investment will support the company's growing...
13 Jul, 2026, 03.38 PM IST
Jeff Bezos’ ex-wife MacKenzie Scott donates $20 million to US youth mental health nonprofitMacKenzie Scott has donated twenty million dollars to Active Minds. This significant contribution is the largest single gift in the organiz...
13 Jul, 2026, 11.19 AM IST
Data center pipeline faces construction delays, cancellations to mount through 2027: BernsteinGlobal data center capacity faces delays and cancellations until after 2026. Power and supply chain constraints are significantly impacting...
12 Jul, 2026, 09.58 AM IST
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...
11 Jul, 2026, 11.49 AM IST
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...
09 Jul, 2026, 09.26 AM IST
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...
08 Jul, 2026, 04.10 PM IST
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...
03 Jul, 2026, 01.28 PM IST