Big tech raises AI CapEx guidance, investors wary
The world's largest cloud providers used their latest quarterly reports to tell Wall Street the same thing: AI infrastructure spending ...
Tag: data center
Data centers on track to suck up a fifth of US power use by 2035
Data centers in the US will account for about 20% of the nation’s electricity consumption in 2035, up from 5.9% ...
New York leads nation in moratorium on new big data centers
New York has become the first state to issue a moratorium on new hyperscale data centers as localities across the ...
Meta is building a cloud business to sell excess AI compute
Meta Platforms Inc. is developing plans for a cloud infrastructure business that will sell access to AI computing power and ...
Data center surge brings risk for states and munis, Moody’s Says
A flood of data center projects with their heavy power and water demands are introducing credit risks for state and ...
Qatari bank races to move data back in house amid war
Commercial Bank of Qatar is racing against time to migrate its data back from cloud facilities amid the Iran war and threats against data centers in the Middle East. ...
Data centers will need $3 trillion through 2030, Moody’s says
At least $3 trillion is set to flow into data-center-related investments over the next five years, capital that will rely ...
