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POWER COSTS AND DATA CENTERS
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...- AI startup Reflection signs over $1 billion computing deal with NebiusThe move builds on Reflection's June agreement with SpaceX for computing capacity, a deal that media reports said would see the startup p...
- 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...
- 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...
- Morgan Stanley warns AI chip rally may be running out of steamMorgan Stanley's Lisa Shalett warned semiconductor stocks may be overvalued as hyperscalers increasingly develop lower-cost proprietary AI ...
- 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...
- Microsoft emissions surge 27% as AI buildout crimps climate goalsMicrosoft's greenhouse gas emissions jumped 27 percent in its latest fiscal year, the tech giant disclosed Thursday, adding to a wave of wo...
- Meta to put AI chip into production in September as it looks to double computing capacity, memo showsMeta Platforms plans to manufacture its own artificial intelligence chip starting September. This initiative aims to significantly increase...
- 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...
- 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...
- Microsoft joins AI-driven tech layoff wave with 4,800 job cutsMicrosoft is cutting approximately 4,800 jobs, representing 2.1% of its workforce. This move follows a wave of tech layoffs and significant...
- Diamond Power Infrastructure shares jump 10% after Rs 435 crore order for Hyderabad data centre projectsDiamond Power Infrastructure's stock surged after securing a substantial Rs 435 crore order for power cables for Hyderabad's 310 MW data ce...
- 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...
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