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DATA CENTER INVESTMENTS
Nvidia partners with Wall Street giants to raise $500 billion for AI buildoutNvidia signed memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR for the financing platfor...
Bank of America to deploy $250 billion for US digital, infrastructure projectsBank of America plans to invest $250 billion in American infrastructure projects. This initiative will support digital and energy infrastru...
Super Micro forecasts upbeat annual revenue on data center adoptionAI infrastructure firms have seen demand surge as tech and cloud companies ramp up data center investments to support AI applications.
Vietnam's VinSpace signs deal with Elon Musk's SpaceX to launch its first satellites in 2027VinSpace will launch its satellites on a SpaceX Transporter rideshare mission run by Elon Musk's company, which carries satellites from mul...
US stocks: US market ends down as Iran peace deal optimism fadesWall Street closed lower as investors grew pessimistic about Middle East stability. Amazon and Alphabet stocks dipped, impacting major indi...
US-based Amgen to open science and innovation center at Genome Valley in HyderabadAmgen will open a new science and innovation center in Hyderabad's Genome Valley. This facility is expected to become operational by the ye...
Nvidia partners with Wall Street giants to raise $500 billion for AI buildoutThe move highlights how surging demand for AI computing capacity is drawing institutional investors, as governments, companies and startups...
Nvidia partners with Wall Street giants to raise $500 billion for AI buildoutIn an ambitious collaboration, Nvidia is joining forces with six prominent financial institutions to establish compute financing platforms ...
Data centre operator CyrusOne plans potential 2027 IPO, banks pitch for roles, sources sayThe private equity firms met investment banks including Goldman Sachs and Morgan Stanley last week and the banks pitched for roles on the...
AI’s volatile power demand is damaging its own data centersAI data centres’ volatile power demand is damaging batteries, turbines and other equipment, raising downtime costs, delaying projects and c...
“Our top priority is to…”: Why Texas just hit pause on new data centers as Greg Abbott orders audit amid Elon Musk’s Texas pushTexas has paused approvals for new data centers as Governor Greg Abbott orders a sweeping audit of projects seeking access to the state’s p...
Microsoft opens its largest India data center hub as AI race heats upMicrosoft launched its largest India data center in Hyderabad on Thursday. This new facility brings Microsoft's cloud regions in India to f...
AMD's AI-powered revenue forecast fails to wow investorsYet, its shares fell nearly 9% in extended trading, suggesting that investors were looking for an even stronger outlook after the stock mor...
AI data-centre race builds $1 trillion lease burden for Big TechThe commitments show that a substantial part of Big Tech's AI spending spree has already been locked in, without yet appearing as debt-like...
Meta cut 8,000 jobs. CEO Mark Zuckerberg says AI is creating more work—but not inside MetaMeta's chief executive states artificial intelligence generates jobs via infrastructure demands. Thousands of corporate roles disappeared w...
CoreWeave expands into Indonesia, announces first data center in Asia-PacificAI cloud firm CoreWeave is expanding into Indonesia with three new data centers. This move marks their first data-center presence in the As...
India's data centre capacity may reach 3-3.6 GW by 2030, hyperscalers to drive growth: Axis CapitalThe report noted that publicly announced capacity targets of 6-8 GW by 2030 appear aggressive. A more realistic estimate is 3.4-3.6 GW of p...
Banks in talks to lend $15 billion for Anthropic data center backed by Google: WSJBig Tech has been pouring billions of dollars into AI data centers and computing power as demand continues to outstrip supply.
NextEra, Brookfield plan $100 billion Kentucky data center campusNextEra, the largest US utility, would deliver 2 gigawatts of natural gas-fired power and 2.6 GW of battery storage capacity to support the...
Meta, BlackRock partner on $14 billion El Paso data centerMeta Platforms and BlackRock are developing a $14 billion data center campus in El Paso, Texas. BlackRock-managed funds will own eighty per...