Tag: Data Centers

OpenAI’s data center chief exits as exec exodus passes 13

Chris Malone's departure adds to a year of senior departures as the IPO slips to 2027.

Meta’s MetaRoCE lets AI Ethernet survive packet loss

A clean-sheet RDMA transport pushes ordering and recovery into the NIC.

Mistral and Saudi AI firm HUMAIN forge regional compute pact

Mistral and Saudi PIF-backed HUMAIN are partnering on sovereign AI infrastructure worth hundreds of millions of euros.

Sixfold memory cost jump pushes OVHcloud to reprice its servers

Memory costs six times higher than a year ago push OVHcloud to raise server prices as much as…

AI cloud builder WhiteFiber raises $310M for new data centers

WhiteFiber closes a $310M convertible sale to fund data center expansion and its NC-1 project.

Tennessee utility carves out new rate class for AI loads

The TVA board approves a data center tariff that pushes capacity costs onto big users instead of households.

A uranium plant site hosts Nvidia’s $105B AI campus bet

Nvidia will guarantee up to $105B in lease obligations for a giant Ohio AI campus where OpenAI plans…

Gas price tripling forecast clouds hyperscaler power plans

A new forecast warns gas prices could triple as hyperscaler demand meets falling supply growth.

Abbott slams brakes on Texas data centers ahead of grid audit

Governor Greg Abbott orders Texas regulators to audit every new data center before it can draw power from…

Nuclear startup Valar banks $1B to feed AI data centers

Nuclear startup Valar Atomics banks $1B from Sequoia to mass-produce reactors that power AI data centers.

EU commits $11.4B to build seven AI gigafactories across Europe

The European Commission opens bidding for seven massive AI computing centers in a bid to catch up with…

Meta lifts AI spending past $130B as Zuckerberg predicts personal agents for billions

Meta's Q2 revenue tops $60B as the company raises its AI spending floor and discloses $279B in future…