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DATA CENTER CONSTRUCTION RESTRICTIONS
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...
IBM warns AI boom is squeezing software budgets, triggers sector routSoftware investors have long been on edge over fears that AI tools capable of automating routine work could pose an existential threat to t...
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...
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...
US bars citizens in Congo from boarding flights home over EbolaAmerican citizens in Congo face travel restrictions to the United States. This new order requires a 21-day stay in a third country before b...
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...
White House to rally utilities, data centers over AI power costsThe White House plans a voluntary pledge for utility companies and data centers. This initiative aims to manage AI's growing electricity de...
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...
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...
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...
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...
US construction spending inches up in May, but homebuilding weakIn May, US construction spending edged up by a mere 0.1%, influenced by increased mortgage rates partly due to tensions in the Middle East....