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ECONOMIC IMPACT OF DATA CENTERS
- Texas Republicans turn against data centers, putting Big Tech on notice
In a surprising turn, Republican leaders are now standing against data center projects due to increasing public resistance. This developmen...
AI startup Crusoe valued at $30 billion after new fundingSeparately, the startup has signed a five-year cloud contract with trading firm Jane Street Group valued at around $13 billion, Bloomberg ...
In 2011, CEQ, EPA and GSA launched a national electronics plan. 15 years later, 2.4 billion EPEAT products generated $24.6 billion in savings for buyers nationwide2011 strategy emerged at a time when computers, monitors, printers, mobile devices and other electronics were becoming increasingly importa...
US economic activity rises modestly, inflation pressures persist: Fed Beige BookRecent reports indicate a modest growth in US economic activity alongside slight increases in employment figures. However, moderate price r...
Chips won't taste good unless made in USPresident Donald Trump already imposed 25% tariffs on certain advanced semiconductors, ordering those import charges in January after a Com...
Berkshire Hathaway CEO Greg Abel sees AI, power demand as new engines of growthBerkshire Hathaway sees AI opportunities beyond technology stocks. The company is investing in Alphabet, a significant player in artificial...
Let data reign: Trump's data center gospel meets a growing American backlashDonald Trump supports data centers, linking them to jobs and prosperity. He warns communities rejecting them face economic decline and pove...
Not just Nvidia: These power and cooling firms are riding the trillion-dollar data centre boomGlobal data centre construction is accelerating to meet AI demand, and power and cooling equipment suppliers are seeing significant order i...
Mark Zuckerberg, Elon Musk make plea at G20 for more AI data centersMark Zuckerberg and Elon Musk on Tuesday stressed the need for more AI data centers and the electric power needed to support them at a meet...
US Treasury yields are rising — Why does it matter?Rising U.S. government bond yields are driving up borrowing costs across the board, directly affecting households, businesses, and governme...
Anthropic signs $35 billion cloud deal with Nvidia-backed LambdaAnthropic has signed a cloud-computing deal worth $35 billion with Lambda, a cloud provider backed by Nvidia, for a Texas data centre. The ...
Donald Trump blasts US backlash against data centresEnergy-guzzling data centers have become a surprise issue in November's crucial midterm elections, with anger among Democrats and Republica...
86-year-old Pennsylvania farmer turns down $15.7 million data-centre offer, takes $1.9 million to keep his 261 acres as farmlandAt the age of 86, a dedicated farmer made the remarkable choice to accept $1.9 million to safeguard his 261 acres of farmland, ensuring the...
SLB to expand data center business with $3.4 billion deal for KelvionThe oilfield services company will also assume about $700 million of Kelvion's debt under the deal, which is expected to close in the fir...
OpenAI issued warrants worth $5.5 billion in SB Energy, WSJ reportsOpenAI was issued warrants worth an estimated $5.5 billion in power infrastructure firm SB Energy, the Wall Street Journal reported on S...
US election candidates turn on AI data centers as power bills, noise fuel angerData centers are now a key election issue across America. Rising electricity bills and noise pollution fuel voter anger against Big Tech co...
America’s power grid can’t keep up with AI: Why hundreds of data center projects are freezingPlanned United States data center developments face significant delays and cancellations. Aging electrical grids and supply chain issues ar...
In a divided America, the left and right unite to oppose artificial intelligence data centersRural communities face growing concerns over rapid data center expansion. Farmers and environmentalists unite against potential farmland lo...
Nvidia faces growth test as Rubin debut meets AI financing scrutinyThe chipmaker has been the biggest beneficiary of the race to build AI infrastructure. Recently, though, its stock has come under pressure ...
Nvidia invests in data center developer Cloverleaf InfrastructureThe investment will help Cloverleaf develop sites for the data centers, while Nvidia will support infrastructure buildouts for AI computi...