Tag: data centre
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Besi’s quarterly orders beat expectations as AI data centre demand stays strong
Oct 22 : BE Semiconductor Industries reported third-quarter orders that exceeded analyst expectations on Thursday, as demand for its chip-packaging equipment tied to AI data centres remained strong.Quarterly order intake, the industry’s most closely watched metric, was €342.6 million ($385.2 million), up
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Australian AI data centre operator NextDC shares shed 42% on revenue delay, future plans on hold
SYDNEY, Oct 21 : Australian data centre operator NextDC shed nearly half of its market value on Wednesday after sharply cutting revenue forecasts for the year ahead and putting future developments on hold.The company said delays to electricity network upgrades at one of its major Melbourne projects would mean
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Australian AI data centre operator NextDC shares shed 44% on revenue delay
SYDNEY Oct 21 : Australian data centre operator NextDC shed nearly half of its market capitalisation on Wednesday after sharply cutting revenue forecasts for the year ahead and putting future developments on hold, extending the burst of negative sentiment towards global AI stocks.The company said delays to e
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ABB says data centre business booming, Q3 figures in line with forecasts
ZURICH, Oct 20 : ABB is continuing to see a boom in spending on data centres used to power artificial intelligence, the engineering group said on Tuesday, as it reported its latest earnings. The Swiss company said its operational earnings before interest, tax and amortisation jumped 24 per cent to $2.03 billi
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Watch: What the data centre boom means for Arizona in the US midterms
The BBC’s Shaimaa Khalil travelled to the US state to hear from residents who live alongside these giant facilities.
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AI boom puts growing strain on electricity grids, says Hitachi Energy CEO
Speaking to CNA at the Bloomberg New Economy Forum in New Delhi, Hitachi Energy’s Andreas Schierenbeck says expanding electricity networks is essential to meeting rising energy needs.
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Ukrainian drones hit Russia’s top data centre in attack on AI ambitions
The attack follows a series of Ukrainian strikes on Russian data centres.
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NTT Data in final talks to build Anthropic’s first data centre in Japan, Nikkei reports
TOKYO, Oct 13 : Japan’s NTT Data Group, a unit of telecommunications giant NTT, is in the final stages of talks to build a data centre in Osaka, western Japan, for US AI company Anthropic, the Nikkei business daily reported on Tuesday, citing multiple sources. • Construction costs could reach up to 1
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Yandex: Ukraine strikes Russian data centre again despite Trump warning
It is the third time this week that Ukraine has targeted Russian tech giant Yandex, forcing the company to suspend its operations.
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Russia’s Yandex says data centre in Vladimir area shut down after drone attack
MOSCOW, Oct 11 : Russian technology and AI company Yandex said on Sunday that its infrastructure had been damaged in a drone attack, resulting in the complete shutdown of its data centre in the Vladimir region.No one was injured in the attack, but some of Yandex’s services are currently unavailable to users,
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