Blackstone to Make $300 Million Investment in AI Data Company
Blackstone is investing $300 million into a company called DDN. The investment, the first outside funding for the Chatsworth, Calif.-based company, values DDN at $5 b
Microsoft to Invest $80 Billion in AI Data Centers in Fiscal 2025
Over half of the investment is reserved for infrastructure. Microsoft President Brad Smith frames AI investment as key to economic growth.
Emirati billionaire to invest $20 bln in US data centers, Trump says
Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming U.S. data center industry in the coming years, he and U.S. President-elect Donald Trump announced on Tuesday at Trump's home in Palm Beach,
Microsoft will invest $80B in AI data centers in fiscal 2025
Microsoft is one of the biggest spenders, followed closely by Google and AWS, Bloomberg Intelligence said. Its estimate of Microsoft’s capital spending on AI, at $62.4 billion for calendar 2025, is lower than Smith’s claim that the company will invest $80 billion in the fiscal year to June 30, 2025.
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
Dubai developer DAMAC Properties will invest at least $20 billion "over a very short period of time" in the U.S., primarily in data centers in the middle of the country, President-elect Donald Trump announced Tuesday,
Who is DAMAC? The company investing $20B in Midwest, Sun Belt data centers
President-elect Donald Trump on Tuesday announced that a company from the UAE will invest $20 billion to build data centers in the U.S., primarily in the Midwest and Sun Belt.
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AI and data centers: Pinch-points, promises and power
Amid a lot of gen AI hype, managing the increasing energy needs of data centers will in part come down to not using gen AI ...
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AWS to invest $11 billion in Georgia to expand infra for gen AI
Amazon Web Services (AWS) is planning to invest $11 billion in the state of Georgia to expand its infrastructure in the US to ...
Trump announces $20B plan to build new data centers in the US
President-elect Donald Trump has announced that Hussain Sajwani, an Emirati billionaire businessman who founded the property ...
AI data centers are making your electricity supply worse and could damage your home, new study says
Your electric supply might be paying the price for the AI boom as data centers sprout up across the nation.
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AI data centers are becoming 'mind-blowingly large'
"Some of these large data centers are just mind-blowingly large, they are enormous," says Gary Smith, CEO of Hannover, ...
AI data centers could be ‘distorting’ the US power grid
The proliferation of data centers aiming to meet the computational needs of AI could be bad news for the U.S. power grid, ...
Generational Shift—Data Centers Bring Change to Energy Landscape
Deals involving the data center sector are occurring regularly, as tech companies make moves to ensure they have a reliable ...
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AWS Invests $11B In Georgia To ‘Support The Future Of AI’ Via Data Centers
AWS invests billions in data centers AI infrastructure in Georgia and Ohio to power Amazon’s cloud computing and GenAI ...
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Phantom Data Centers: A Barrier to AI’s True Potential
A Barrier to AI’s True Potential Artificial intelligence is witnessing remarkable jumps in development on every front.