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DATA CENTER EXPANSION
Nvidia, SK Group unveil $500 billion-plus AI data centres initiative, memory partnershipAs part of the initiative, SK Telecom plans to build a 2-gigawatt AI data centre powered by Nvidia's Vera Rubin chips and SK Hynix's HBM4 ...- Digital Realty raises annual FFO forecast on robust data center demandDigital Realty Trust has raised its forecast for funds from operations for the entire year, driven by a surge in leasing activity from clou...
- How a Pennsylvania couple turns struggling hog farm into $22 million fortuneRural American land values are rapidly increasing due to AI data center expansion. A Pennsylvania family sold their hog farm for over twent...
- Nvidia, Amkor strike $1.5 billion chip packaging dealUnder the agreement, Nvidia will make a prepayment to support the expansion of Amkor's US advanced packaging operations, including capacit...
- Elon Musk's Tesla posts cash burn as capex surges on AI, robotaxi pushTesla Inc.reported negative free cash flow of $1.1 billion in Q2 as heavy spending on AI, robotaxis and manufacturing weighed. Deliveries b...
- South Africa's data centre 'gold rush' risks resource crunchSouth Africa is becoming Africa's digital hub with expanding data centres. This growth, however, raises concerns about electricity and wate...
- South Africa's data centre 'gold rush' risks resource crunchEmerging as the digital powerhouse of Africa, South Africa's expanding data centers play a vital role in reinforcing national security and ...
- Analysis-AI investment boom puts Big Tech's free cash flow under pressureBig tech firms are investing heavily in artificial intelligence infrastructure. Their capital expenditures may soon exceed free cash flow g...
- Anant Raj to demerge data centre arm into separately listed companyAnant Raj will demerge its data centre and cloud business into Ashok Cloud Pvt Ltd, creating a separately listed digital infrastructure com...
- US data center protests go national as backlash growsOpponents of AI data center expansion plan nationwide protests this Saturday. HumansFirst is coordinating demonstrations in at least 125 lo...
- US data centre protests go national as backlash growsProtesters are organising nationwide demonstrations against the rapid expansion of data centres. These demonstrations aim to voice concerns...
- AI to fuel India's tech services growth; public cloud spending to reach USD 17.5 bn in 2026: ReportIndia's technology services sector is expected to see strong AI-led growth, with end-user spending on public cloud services projected to su...
- 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...
- 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...
- 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...
- Tower Semiconductor to invest $3 billion in Japan, backed by government grantsTower Semiconductor will invest three billion dollars in Japan's chip manufacturing. This expansion includes one billion dollars in grants ...
- 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...
- 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 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...
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