Data Centre

Amazon Chief Jassy Defends AI Spending

Amazon chief executive Andy Jassy defends billions in spending on AI infrastructure, saying 'aggressive' expenditure needed

20 mins ago

US Regulator Rejects Appeal Over Amazon Nuclear Deal

US energy regulator rejects request for rehearing after it rejected plan for Amazon to buy power directly from nuclear reactor

50 mins ago

AI To Drive Data Centre Energy Demand

Report from International Energy Agency (IEA) warns AI is set to drive surging electricity demand from data centres

4 days ago

US Power Utilities Receive Massive AI Data Centre Requests

US power companies say in some cases data centre requests exceed their peak demand or their existing generation capacity

6 days ago

Microsoft Drops AI Data Centre Projects

Microsoft drops data centre projects amounting to 2 gigawatts of power consumption as investors question massive AI capital expenditures

2 weeks ago

Nvidia, xAI Join BlackRock AI Infrastructure Project

Nvidia, xAI to participate in project backed by BlackRock, Microsoft to invest $100bn in AI data centres amidst heated competition

4 weeks ago

Tencent Capex Triples As It Invests In AI

Chinese social media giant Tencent triples capital expenditure on AI data centres and other areas in 2024, sees continued rise…

4 weeks ago

Nvidia Promises Continued AI Chip Demand At Developer Event

Nvidia chief executive Jensen Huang says 'agents' multiply demand for AI computing power by 100, as investors fear end of…

4 weeks ago

Amazon To Invest $8.2bn To Expand India Cloud Infrastructure

Amazon Web Services to spend $8.2bn in India's Maharashtra state to expand cloud infrastructure as it sees increased cloud, AI…

1 month ago

Alibaba To Ship High-Performance RISC-V Chip In March

Alibaba develops open source RISC-V-based chip for high-performance computing as it plans massive AI, cloud expenditure

1 month ago

Nvidia FY25 Profit Rises 130 Percent, Amid AI Boom

Despite stunning financial results Nvidia shares were muted, as concern over new chip costs offset optimism over AI demand

2 months ago

EU ‘Unconditionally Approves’ Nokia’s $2.3bn Infinera Purchase

As expected, European Commission approves Nokia’s $2.3 billion purchase of US data centre equipment provider Infinera

2 months ago

Microsoft Cancels Data Centre Leases In AI Shift

Analysts say Microsoft has cancelled data centre leases in US, scaled back international spending in shift on AI expansion plans

2 months ago

Alibaba Shares Surge On AI Plans

Alibaba Group sees 15 percent rise in Hong Kong shares as it announced massive AI spending plans over next three…

2 months ago

South Korea To Buy 10,000 GPUs For National AI Hub

South Korea hopes to gain leg up in international AI race with infusion of private investment for national AI computing…

2 months ago

Nokia’s $2.3bn Infinera Deal Set For ‘Unconditional’ EU Approval

Nokia's $2.3bn Infinera buy set to make company world's second-biggest vendor of optical networking gear for data centres

2 months ago

ARM Shares Rise Amid Report Meta Will Purchase Its First Chip

British chip designer ARM Holdings is reportedly developing its own chip, and Meta is one of its first customers

2 months ago

OpenAI ‘Finalising Design’ For In-House AI Chip

OpenAI reportedly set to finalise design for first in-house AI chip within months, putting it on track to come into…

2 months ago

Researchers Deliver High-Performance AI Model For Under $50

US researchers say innovative technique delivers performance beating recent OpenAI model with training costs of below $50

2 months ago

OpenAI Takes First Steps For ‘Stargate’ Data Centres

OpenAI considering proposals from 16 states under $500bn Stargate plan to build out AI infrastructures across US

2 months ago

Meta Shares Rise On Strong Revenues, Profits

Meta sees rise in revenue, net income, says Meta AI chatbot now has more than 700 million users, up from…

2 months ago

Biden Signs Order For Energy Provision For AI Data Centres

Executive order for AI signed by President Biden, to reduce bottlenecks to connect AI data centres to clean energy sources

3 months ago

Government Aims To Make UK AI ‘Superpower’

Government to loosen AI regulation, exploit public-sector data, build data centres in growth zones as it seeks economy boost

3 months ago

Microsoft To Spend $80bn On AI Infrastructure This Year

Microsoft planning to spend $80bn on data centres for AI and other cloud applications this fiscal year, as AI race…

3 months ago

Meta To Spend $10 Billion On Largest Data Centre To Date

Facebook parent confirms its 23rd data centre in the US will be located in Louisiana, and will be its largest…

4 months ago

Nvidia Asked SK Hynix To Advance Next-Gen AI Memory Production

SK Hynix says Nvidia chief executive Jensen Huang asked if production of next-gen HBM4 memory could be advanced, amidst explosive…

5 months ago

Spotify, Paramount Sign Up To Use Google Cloud ARM Chips

Google Cloud signs up Spotify, Paramount Global as early customers of its first ARM-based cloud CPUs, as AI drives skyrocketing…

5 months ago

Meta Warns Of Accelerating AI Infrastructure Costs

Facebook parent Meta warns of 'significant acceleration' in expenditures on AI infrastructure as revenue, profits beat expectations

6 months ago

AI Helps Boost Microsoft Cloud Revenues By 33 Percent

Microsoft says Azure cloud revenues up 33 percent for September quarter as capital expenditures surge to keep pace with AI…

6 months ago

AMD Reports Strong AI Chip Sales, Investors Unimpressed

AMD reports strong growth in data centre unit, but outlook in line with expectations fails to impress investors

6 months ago