Meta wants to get into the electricity trading business
Meta aims to enter the electricity trading sector to support its data centers’ energy needs. The company seeks federal approval to trade power, similar to Microsoft, while Apple has...
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AI mania is making Nvidia a lot of money
AI-driven demand is fueling Nvidia’s data center revenue, which reached nearly $50 billion, sparking debates about whether this growth signals sustainable progress or a speculative bubble. The article explores...
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Nvidia CEO Dismisses Concerns of an AI Bubble. Investors Remain Skeptical
Nvidia CEO Jensen Huang dismissed concerns about an AI bubble during a recent earnings call, arguing that the company’s chips are essential for powering the global AI revolution. Despite...
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How much of the AI data center boom will be powered by renewable energy?
Global investment in data centers is projected to reach $580 billion this year, surpassing spending on new oil exploration. The shift highlights growing concerns about generative AI’s environmental impact...
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The Data Center Resistance Has Arrived
The Data Center Resistance Has Arrived, a report by Data Center Watch, highlights a growing bipartisan opposition to data centers in the U.S., particularly in states like Georgia and...
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The AI Boom Is Fueling a Need for Speed in Chip Networking
The AI boom is driving a surge in demand for faster networking technologies, particularly in chip manufacturing and data centers. As AI data centers become more prevalent, chip makers...
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Data centers now attract more investment than finding new oil supplies
Data centers are now receiving more investment than new oil supplies, with global spending projected to reach $580 billion this year. A report by the International Energy Agency highlights...
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Anthropic announces $50 billion data center plan
Anthropic has announced a $50 billion investment in building new data centers in the U.S., partnering with Fluidstack to meet its growing compute needs. The facilities will be located...
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