The Information reported that Nvidia has agreed to acquire Hugging Face, the leading hub for sharing open-source AI models, for roughly $12.9 billion, though Business Insider noted no agreement has been signed yet. The m...
Anthropic has reportedly agreed to rent roughly $45 billion of AI compute from British infrastructure firm Nscale over six years, drawing on Nvidia's Vera Rubin chip systems from a West Virginia data center starting in l...
Nvidia announced a $1.5 billion investment in SB Energy, a SoftBank- and OpenAI-backed data center and power developer, securing its position as sole compute supplier for OpenAI's Ports-Pike facility near Cincinnati. Nvi...
Nvidia announced that Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR are prepared to commit up to $500 billion toward AI data centers, with Nvidia guaranteeing up to 25% of any shortfall if GPUs pledge...
On Meta's quarterly earnings call, Mark Zuckerberg predicted that within five years billions of people will have personal AI agents working on their behalf across finance, health, relationships, and household management,...
PJM Interconnection, the largest US electrical grid operator, announced it will cut power to data centers of 50 megawatts or larger during shortages beginning June 2027, after a capacity auction fell short. The move foll...
A downed power line near Washington, DC triggered roughly 3.1 gigawatts of Northern Virginia data centers to switch to backup power within 30 seconds, destabilizing the PJM grid for over 11 minutes and causing regional v...
Amazon has announced a $13 billion investment to expand its cloud and AI infrastructure in India through 2030, bringing its total commitment in the country to $48 billion. This move aligns with a broader trend of global...
The Federal Energy Regulatory Commission has ordered major grid operators to fast-track interconnection requests from data centers to support rapid AI expansion. This directive addresses severe grid backlogs that threate...
Amazon has secured approximately $31.5 billion in new funding, including a $17.5 billion bank loan and a $14 billion bond sale, to finance its aggressive expansion in AI infrastructure. This massive capital acquisition r...
