Tag: data centers
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Where will the next AI data centers go?
AI needs ever more computing power. To keep up, companies are scouting new homes for data centers, from the ocean floor to outer space. But every idea comes with a catch.
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Exclusive-Vantage Data Centers explores IPO at $100 billion valuation or sale, sources say
NEW YORK, Aug 13 : Vantage Data Centers, a major hyperscale developer and operator, is exploring options including an IPO or sale as soon as next year, according to people familiar with the matter, as AI-driven demand lifts data center valuations and fuels dealmaking.Vantage, backed by private equity firm Sil
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US House Democrat asks Musk to answer for polluting xAI data centers
July 29 : U.S. Representative Frank Pallone, the top Democrat on the House Energy and Commerce Committee, on Wednesday demanded documents and answers from Elon Musk about the environmental and public health impacts of his xAI Colossus data center operations in Tennessee and Mississippi.• Pallone sent a lett
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Nvidia, SK Group unveil $500 billion-plus AI data centers initiative, memory partnership
SAN FRANCISCO, July 24 : Nvidia and South Korea’s SK Group on Friday unveiled a more than $500 billion AI initiative spanning large-scale AI data centers and next-generation memory, Nvidia said.The initiative includes a long-term partnership with SK Hynix to secure next-generation memory supply for Nvidia and
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When data centers move in II
Where does the cloud actually live? We go behind the high-security fences of a German data center to find out. Inside lies the physical infrastructure that powers our expanding digital universe — and a growing debate about energy, climate and the kind of future we’re building.
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Trump set to expand power cost pledge on data centers
July 22 : President Donald Trump is set to unveil on Thursday a pledge backed by governors, lawmakers, utilities and data center developers aimed at shielding households from electricity costs tied to the AI boom, as he pushes to make the United States the global leader in artificial intelligence.It extends T
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BlackRock-backed group commits $5 billion for Aligned Data Centers after completing acquisition
July 21 : A consortium backed by BlackRock and Abu Dhabi-based fund MGX said on Tuesday it has committed an additional $5 billion in growth capital to Aligned Data Centers after closing its $40 billion acquisition of one of the world’s biggest data center operators.The investor group agreed last year to buy A
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BlackRock-backed group commits $5 billion for Aligned Data Centers
July 21 : A group backed by BlackRock and Abu Dhabi-based fund MGX on Tuesday committed an additional $5 billion in growth capital to Aligned Data Centers, after acquiring one of the world’s biggest data center operators.
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White House to rally utilities, data centers for AI power cost pledge, sources say
WASHINGTON, July 13 : The White House plans to bring together utility companies and data center developers to make a voluntary pledge designed to ensure that rapid growth in electricity demand from artificial intelligence does not drive up power bills for households and businesses, according to three people familiar
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White House to rally utilities, data centers over AI power costs
WASHINGTON, July 13 : The White House plans to bring together utility companies and data center developers for a voluntary pledge designed to ensure rapid growth in electricity demand from artificial intelligence does not drive up power bills for households and businesses, according to three people familiar with the
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