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.
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
A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, with Masayoshi Son, Sam Altman, and Larry Ellison joining Donald Trump to announce The Stargate Project.
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,
Meta Platforms (META) is planning to spend $60B to $65B to build out the company's artificial intelligence infrastructure.
As Bill Gates-backed TerraPower continues building a first-of-its-kind nuclear plant in Kemmerer, Wyoming, it has struck a deal with the nation’s
NuScale stock has rocketed 1,175% over the past 12 months; Oklo Inc. (NYSE:OKLO), which is backed by OpenAI CEO Sam Altman, has surged 299%, Vistra Corp. (NYSE:VST) has soared 386% while Centrus Energy (NYSE:LEU) has jumped 73% over the timeframe.
On Friday, Mark Zuckerberg announced a $60-65 billion investment into Meta AI.
Georgia PSC revises energy rates for large data centers to prevent cost impacts on smaller customers, ensuring these facilities pay their fair share for power use.