Data center construction, expansion, power consumption, and community or regulatory opposition
Never has data storage been so exciting. Shares of data storage company were up 30% on the day and on track for a new record close in afternoon trading after the company issued a beat-and-raise Q2 ea...
jumped 13% in premarket trading this morning after announcing that AI cloud platform Fluidstack exercised its option to expand at the company’s Lake Mariner, New York, data center campus. The mining ...
Power producer and energy trader dove Wednesday after adjusted earnings fell short of Wall Street expectations and GAAP results swung to a surprise loss, linked to fluctuating values of derivatives c...
is surging after issuing strong Q2 results after the close Tuesday. The San Jose maker of chips, boards, and integrated circuits used to build data servers reported: Adjusted earnings per share of $0....
Cloud networking company and data center supplier is leading all S&P 500 stocks in premarket trading, up double digits after reporting knockout second-quarter results and boosting its full-year forec...
On the second day of his second term, President Trump stood alongside CEO Masayoshi Son, founder Larry Ellison, and OpenAI cofounder and CEO Sam Altman to announce the $500 billion “Project Stargate...
CEO Mark Zuckerberg took to Threads today to promote his new all-star “superintelligence” team and announce that the company is investing “hundreds of billions of dollars” on AI data centers.
It’s been the kiss of death for many companies, if not industries, when Amazon decides it wants to enter the space. is feeling that sting, with shares down about 8% midday Thursday after the e-commerc...
The amount of energy needed to power the massive data centers being built for the next wave of AI is staggering . But it isn’t flexible. “Traditionally, the power grid has treated data centers as infl...
is looking to raise a total of $29 billion to pay for its gargantuan AI data center plans, according to a new report from the Financial Times. The company is looking to raise $26 billion in debt and $...
The AI boom has come with a slew of side effects, but beyond social implications, geopolitical complications, and economic transformations, the growing number of data centers used to power the tech co...
is surging, up 27% in afternoon trading after The Wall Street Journal reported that is in talks to acquire it. A deal for Core Scientific, which provides infrastructure for AI and cryptocurrency mini...
First there was xAI’s Colossus . Then there was OpenAI’s Stargate . Now has “Project Rainier.” Tech companies are racing to build ever larger, more powerful AI data centers and betting hundreds of ...
Only 32 countries in the world host AI computing data centers, resulting in an uneven distribution of resources for AI researchers, according to a new study from Oxford University. This leaves entire ...
AI data center supplier is spiking, up more than 6% before midday on Monday. While there’s no fundamental news to speak of, there are definitely some options market flows of note: As of 11:20 a.m. ET...
One of the arguments for explaining why the US can’t manufacture many of the high-tech items we import from China is that America lacks dedicated manufacturing hubs like Shenzen, China, where hyperloc...
Shares of -backed surged as much as 20% today in a strong follow-through to the already warm reception to its data center deal with on Monday. “CoreWeave’s new contract leasing capacity from Applied...
and are surging after the former announced a pair of 15-year deals between the two tech companies to support the latter’s AI capabilities. The company expects to generate approximately $7 billion fro...
On President Trump’s recent whirlwind trip to the Middle East, the UAE was eager to make a deal with US AI companies to build one of the world’s largest data centers. and xAI CEO Elon Musk was along f...
OpenAI’s massive data center, currently under construction in Abilene, Texas, just locked in $11.6 billion in new funding, bringing total commitments to $15 billion, according to The Wall Street Journ...