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DATA CENTER CAPACITY CANCELLATIONS
Meta to put AI chip into production in September as it looks to double computing capacityThe tech firm's data center chip, code-named "Iris," is part of a four-generation project for Meta Training and Inference Accelerators (MTI...- 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...
- 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...
- 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...
- HFCL bags Rs 495 crore optical fibre cable export order from international data centre companyHFCL has secured a significant export order valued at Rs 495.8 crore. This order is for supplying optical fibre cable to an international d...
- Govt to plug regulatory gaps in drug dealsAuthorities discovered drugmakers hid licence cancellations to obtain supply orders. The government now mandates states display this inform...
- AI chip challenger Cerebras sets sights on EuropeCerebras plans significant European computing capacity expansion to challenge Nvidia. The AI chip startup is responding to extraordinary de...
- 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...
- Nuclear power output to rise 44% in 10 years; India, China key driversGlobal nuclear power capacity is projected to increase by forty-four percent over the next decade. This growth is driven by rising electric...
- 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...
- GIFT City partners with Vietnamese financial institutional firm to exchange knowledge and signs multiple MoUsGIFT City partnered with Vietnam's VIFC-DN to share financial hub development knowledge. This collaboration will focus on financial service...
- 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...
- US' largest power grid PJM orders emergency curbs as electricity use nears record peakAmerica's largest power grid operator, PJM, urged customers to reduce electricity use amid a severe heatwave. Generator outages and overloa...
- 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...
- 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...
- Microsoft partners with Singapore's Lightstorm to build India-Southeast Asia undersea cableThe consortium, whose other members include Tata Communications, Singapore Telecommunications, Singapore's ASEAN Cableship and Japan's NE...
- 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...
- Meta stock: Why are Facebook, Instagram, WhatsApp shares are rising today at U. S Stock Market?Meta has poured hundreds of billions of dollars into data centers and AI chips.
- Digital Realty to pay Blackstone $3.5 billion for stake in Virginia data centersThe move strengthens the data center operator's position in Northern Virginia, the world's largest data center market, where demand for cap...
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