Tag: data
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Yen climbs for third straight session, euro/dollar awaits US data
Aug 3 : The yen rose for a third straight session against the euro and the dollar on Monday, keeping traders on alert for further intervention after Tokyo and Washington stepped into the foreign exchange market last week to support Japan’s currency.Meanwhile, oil prices sank after U.S. President Donald Trump
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EU aims to build AI gigafactories of its own
The EU has unveiled a plan to raise state and private funds to hyperscale AI capabilities and gain independence from non-European governments. The plan calls for the construction of seven new sites across the bloc.
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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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NextEra, Brookfield plan $100 billion data center at US uranium site in Kentucky
July 29 : NextEra Energy and Brookfield plan to develop a $100 billion data center campus and power plant at a federally owned former uranium enrichment site in Kentucky, the companies said on Wednesday.The Paducah, Kentucky, campus is the latest in a string of project announcements that pairs Department of
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NextEra, Brookfield plan $100 billion data center at Kentucky uranium site
July 29 : A consortium including NextEra Energy and Brookfield plans to develop a $100 billion data center campus at a former uranium enrichment site in Paducah, Kentucky, the companies said on Wednesday.Soaring U.S. electricity demand is driving investment in artificial intelligence data centers and other te
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Eliyan raises $145 million at $1 billion valuation to ease AI chip data bottlenecks
SAN FRANCISCO, July 29 : Eliyan, a startup that aims to ease the bottlenecks in transferring data between AI chips in data centers, said on Wednesday it had raised $145 million in venture funding at a $1 billion valuation.Cisco Systems, Lumentum and an early investor in networking pioneer Mellanox before its
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NextEra, Brookfield plan $100 billion Kentucky data center campus
July 29 : NextEra Energy, Brookfield and other companies are developing a $100 billion data center campus at a former uranium enrichment site in Paducah, Kentucky, the companies said on Wednesday.Soaring U.S. electricity demand is pushing companies to invest heavily in artificial intelligence data centers and
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Meta, BlackRock partner on $14 billion El Paso data center venture
July 28 : Meta Platforms and the world’s largest asset manager BlackRock on Tuesday announced a venture to develop and operate a data center campus in El Paso, Texas, a project that would cost about $14 billion in development.The race to build out AI infrastructure has prompted tech giants to turn to debt sal
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AMD signs AI data center deal with Core Scientific
July 28 : AMD on Tuesday signed a deal with Core Scientific to secure up to 2.5 gigawatts of data center capacity as the chip firm expands infrastructure to meet growing demand for AI computing.Shares of Core Scientific jumped 6 per cent in premarket trading, while AMD’s stock was down 4 per cent, tracking ot
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Meta, BlackRock partner on $14 billion El Paso data center
July 28 : Meta Platforms and the world’s largest asset manager BlackRock on Tuesday announced a venture to develop and operate a data center campus in El Paso, Texas, a project that would cost about $14 billion in development.The race to build out AI infrastructure has prompted tech giants to turn to debt sal
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