The UK’s burgeoning artificial intelligence (AI) sector is facing a critical challenge: securing reliable power supply to support its data centers. While technology firms have made commitments to […]
UK Government Allows Large-Scale Data Center Despite Local Opposition
A controversial data center project has been approved by the UK government despite local opposition, leading to legal action from campaigners. This decision overturns a local council’s refusal […]
Meta Secures Approval for $10 Billion Louisiana Data Center
Meta has received regulatory approval for its ambitious $10 billion data center project in Louisiana, a move that could significantly boost the state’s economy. The Louisiana Public Service […]
Thailand Aims for Data Center Expansion: Capacity Expected to Triple
Thailand’s data center industry is poised for significant growth. The Thailand Data Center Association predicts a three-fold increase in capacity within the next three years, with an anticipated […]
TeraWulf Secures $850 Million Funding for Major Data Center Expansion
Bitcoin mining company TeraWulf has announced a major funding initiative, securing a $850 million capital injection to fuel its expansion efforts. The funding will primarily support the development […]
TeraWulf Secures $400 Million Financing for Expansion into Data Centers
U.S.-based Bitcoin mining company TeraWulf has announced plans to raise $400 million through convertible senior notes, aiming to expand data center operations and support company-specific purposes. The funding […]
Data Centers Fear AI Boom Could Be Stifled by New Solar Rules
Leading data center operators like Google, Microsoft, and Amazon are urging US Treasury Secretary Scott Bessett to uphold current wind and solar energy subsidy guidelines. These policies have […]
Tech Giants’ Energy Demands Spike: Impact on Consumers Looms Large
Big Tech companies like Google, Microsoft, and Amazon are increasingly focusing on energy issues as their data centers drive up electricity bills for consumers. At a recent meeting […]
MARA Holdings Acquires 64% of Exaion: Diversifying into Data Centers and Artificial Intelligence
American bitcoin mining giant MARA Holdings has announced an ambitious acquisition, purchasing a majority stake in Exaion, a French data center and AI infrastructure company owned by EDF […]
WhiteFiber Secures $159.4 Million in Nasdaq Debut IPO
In a successful debut on the Nasdaq Capital Market, WhiteFiber completed an IPO raising $159.4 million. The company offered nine million shares at $17 each, and now trades […]
Amazon Powers Up Data Centers with Nuclear Energy Deal
Amazon has secured a significant deal with Talen Energy to power its Pennsylvania data centers using 1,920 megawatts of nuclear energy. This agreement will continue until 2042, supplying […]
Amazon Leverages Nuclear Energy for AI Data Center Power
Amazon has secured 1.9 gigawatts of nuclear power to fuel its rapidly expanding data centers, thanks to a partnership with Talen Energy. This move reflects the growing demand […]
UK’s AI Boom Raises Questions on Balancing Green Goals and Technological Advancements
The UK government is investing heavily in AI infrastructure, particularly data centers, which could raise concerns about their environmental impact. A proposed £10 billion data center in Elsham, […]
Eric Schmidt’s Space-Based Data Centers Aim to Power AI Systems
Former Google CEO Eric Schmidt is spearheading a bold initiative to develop space-based data centers for artificial intelligence (AI) systems. His goal? To meet the soaring energy demands […]
Brookfield Invests $9.9 Billion in Sweden’s AI Data Center
Brookfield Asset Management is investing $9.9 billion to build a cutting-edge data center in Strängnäs, Sweden, specifically designed for artificial intelligence (AI) workloads. The facility, spanning 3.77 million […]