Tag: data centre
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UK’s IQE swings to first-half profit and sees more AI data centre upside
Sept 7 : British chip components maker IQE swung to a first-half core profit and maintained its annual outlook on Monday, as rising demand linked to AI and data centres continued to support growth. After a slowdown in the electronics market and disruption linked to U.S. tariffs, the Wales-based company ha
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Tech bosses press G20 to build data centres, but split on risk
Nvidia chief executive Jensen Huang tells G20 ministers AI is essential infrastructure, even as US communities push back against new data centres.
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Tech bosses press G20 to build data centers, but split on risk
Nvidia chief executive Jensen Huang tells G20 ministers AI is essential infrastructure, even as US communities push back against new data centres.
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Commentary: Big Tech is incapable of solving its Frankenstein problem
The public is already convinced the tech industry can’t be trusted with its own creations, says Gautam Mukunda for Bloomberg Opinion.
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Australia data centre firm NextDC reports rising water, energy use with profit beat
SYDNEY, Aug 28 : Australian data centre developer NextDC said water and energy consumption rose in the past year as demand for computing capacity drove profit ahead of forecasts, figures which may feed public disquiet about the AI boom’s draw on resources.The company’s water usage effectiveness (WUE) ratio cl
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Lidl owner to invest up to $6.5 billion by 2033 in data centre in northern Germany
Aug 27 : Germany’s Schwarz Group, owner of discount retailer Lidl, said on Thursday it would spend up to €5.6 billion ($6.5 billion) on a data centre in northern Germany amid a push by European countries to become less dependent on overseas providers of cloud and AI services.Construction of the complex near
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Lidl owner to invest up to €5.6 billion by 2033 in data centre in northern Germany
Aug 27 : Schwarz Group, which owns the discount retailer Lidl, plans to invest €5.6 billion to build a data centre in the northern German state of Mecklenburg-Western Pomerania, the German supermarket conglomerate said on Thursday.• The data centre will have a capacity of 240 megawatts by 2033, it said in
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India’s Larsen and Toubro secures AI data centre order worth up to $1.57 billion
Aug 13 : India’s Larsen and Toubro on Thursday said it had secured an order worth up to 150 billion rupees ($1.57 billion) from U.S.-based cloud platform Together AI to host an AI data centre using Nvidia’s high-performance chips.L&T’s shares rose as much as 1.2 per cent in midday trade. • The ord
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Orange, Morrison plan French data centre venture to meet AI demand
July 27 : French telecoms operator Orange and infrastructure investor Morrison plan to create a data centre joint venture in France to expand capacity and meet rising demand for artificial intelligence and cloud services, the companies said on Monday.The 50-50 venture would target 400 megawatts of capacity, n
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Chipmaker IQE raises annual sales growth forecast on AI, data centre demand
July 21 : UK semiconductor wafer maker IQE on Tuesday raised its full-year revenue growth forecast after its first-half trading beat expectations, driven by rising demand for its semiconductor products used in AI infrastructure and data centres.Here are some details:• IQE upgraded its 2026 revenue gr
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