This week's announcement by President Donald Trump of a massive private-sector investment to build more AI data centers casts a spotlight on a relatively small and nimble class of cloud computing firms positioned to play a bigger role in the tech sector.
Stargate's first data center campus, located in Abilene, will be about 875 acres, but only says it will create at least 57 jobs.
Mukesh Ambani’s Reliance is planning to build what could become the world’s largest data center in Jamnagar, India, with a capacity of 3 gigawatts to capitalize on surging AI demand.
Meta Platforms (META) is planning to spend $60B to $65B to build out the company's artificial intelligence infrastructure.
Investors aren't getting a whole lot of extra compensation on highly rated corporate bonds these days with spreads near historic lows. But securitized products, a catch-all for bonds that finance aircraft,
About 875 acres in Abilene, or roughly the size of New York’s Central Park, have been set aside to construct data centers, according to city documents seen
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday.
Uptime Institute predicts the data center industry in 2025 will face pressure over resource consumption, grid integration challenges, and AI infrastructure requirements.
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
To bring Meta to Louisiana, officials rewrote laws and pushed through big tax breaks in record time. The inside story, from the people who made it happen.
Reuters reports that Meta plans to invest between $60 billion and $65 billion in 2025 to enhance its artificial intelligence (AI) and other infrastructure. This marks a significant leap from its estimated $38 billion—$40 billion spending in 2024,