data centers

May 12, 2025

SoftBank, OpenAI Delay $100B AI Investment Due to Tariffs

SoftBank and OpenAI’s plan to invest $100 billion in artificial intelligence infrastructure in the U.S. as part of the Stargate project has been delayed for several months, according to a report. The

June 3, 2025

Meta and Constellation Energy Secure Long-Term Nuclear Deal

Meta Platforms has announced its first deal with a nuclear power plant, agreeing to partner with Constellation Energy to keep its Illinois-based Clinton Clean Energy Center operating for another 20 years. The

March 20, 2025

CoreWeave Eyes $32 Billion Valuation in U.S. IPO

AI-Driven Cloud Provider Plans to Raise Up to $2.7 Billion CoreWeave, the Nvidia-backed cloud services provider specializing in AI workloads, is targeting a valuation of up to $32 billion in its highly

Nvidia to Support OpenAI with $100B AI Initiative

by Jamie Spencer

Massive investment targets next-gen data centers Nvidia is doubling down on artificial intelligence with a plan to support OpenAI through an investment of up to $100 billion. The partnership centers on building

September 23, 2025

Oracle Surges 27% Despite Mixed Earnings Report

by Jamie Spencer

AI cloud momentum drives stock to post-market record Oracle shares soared 27% in after-hours trading Tuesday following strong signals of future growth tied to major cloud infrastructure deals, even as the company

September 9, 2025

Nvidia Responds to Smuggling Claims, Defends Chip Policy

by Jamie Spencer

Unauthorized Chip Use in China Sparks Firm Rebuke Nvidia issued a strong statement denouncing the illegal use of its chips in Chinese data centers, calling it a “losing proposition” for companies trying

July 24, 2025

Amazon Pledges $20B for AI Data Centers in Australia

by Jamie Spencer

Amazon has announced a major expansion of its data center infrastructure in Australia, committing A$20 billion ($12.97 billion) from 2025 to 2029. The investment marks Amazon’s largest global technology initiative in Australia,

June 16, 2025

Amazon’s $20 Billion Investment in Pennsylvania Data Centers

by Jamie Spencer

Overview of Amazon’s Data Center Expansion Amazon announced on Monday that it will invest $20 billion in the development of two data center complexes in Pennsylvania. This marks a significant move by

June 9, 2025

Super Micro Reports Strong Q2 Growth Amid AI Boom

by Jamie Spencer

Super Micro’s Revenue Surges on AI Demand Super Micro Computer Inc. (SMCI) posted impressive preliminary second-quarter fiscal 2025 results, with net sales reaching between $5.6 billion and $5.7 billion, a 54% year-over-year

February 12, 2025

Big Tech Races to Lead AI With Massive Investments

by Jamie Spencer

Big-Tech’s-AI-Spending-Surges-as-Firms-Race-for-Market-Dominance Big Tech companies are making massive investments in artificial intelligence (AI), with Meta (META) planning to spend up to $65 billion on AI infrastructure in 2025. As the competition heats up,

January 27, 2025

Amazon Invests in X-Energy to Boost SMR Development for Data Centers

by Jamie Spencer

Amazon has taken a significant step towards securing low-carbon energy for its data centers by acquiring a stake in U.S. nuclear developer X-energy. The investment is part of a broader collaboration to

October 16, 2024

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