Tag: Data Centers
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…
AMD launches Helios rack system as credible Nvidia rival
AMD unveiled its first rack-scale AI system, Helios, to challenge Nvidia's data center dominance with backing from OpenAI,…
Meta starts production of in-house Iris AI chip in September
Meta plans to manufacture its first custom AI chip codenamed Iris starting September as part of a massive…
South Korea Unveils $1 Trillion Plan to Dominate AI and Semiconductor Markets
The initiative includes over $500 billion from Samsung and SK Hynix for new chip fabrication sites, plus $356…
The AI industry is building a secret fossil fuel empire. It will be catastrophic.
Behind the meter gas projects powering just 11 AI data center campuses could emit more greenhouse gases than…