SpaceX has acquired Elon Musk's AI startup xAI, creating a combined company valued at $1.25 trillion with plans to build data centers in space. The merger aims to address AI's massive electricity demands by moving comput...
Meta CEO Mark Zuckerberg announced the launch of Meta Compute, a new initiative to significantly expand the company's AI infrastructure with plans to build tens of gigawatts of energy capacity this decade and hundreds of...
Data center electricity consumption is forecasted to increase from 40 gigawatts to 106 gigawatts by 2035, representing a nearly 300% surge driven primarily by AI training and inference workloads. New facilities will be s...
Anthropic has partnered with UK-based Fluidstack to build $50 billion worth of custom data centers in Texas and New York, scheduled to come online throughout 2026. This infrastructure investment is designed to support th...
OpenAI has sent a letter to the Trump administration requesting expansion of the Chips Act's Advanced Manufacturing Investment Credit to cover AI data centers, servers, and electrical grid components, seeking to reduce c...
OpenAI CEO Sam Altman revealed the company expects to reach $20 billion in annualized revenue by year-end and grow to hundreds of billions by 2030, with approximately $1.4 trillion in data center commitments over the nex...
OpenAI CEO Sam Altman and Microsoft CEO Satya Nadella reveal that energy infrastructure has become the primary bottleneck for AI deployment, with Microsoft having excess GPUs that cannot be powered due to insufficient da...
Nvidia became the first public company to reach a $5 trillion market capitalization, driven by surging demand for its GPUs used in AI applications. The company expects $500 billion in AI chip sales and is building seven...
Microsoft CEO Satya Nadella announced the deployment of the company's first large-scale AI system comprising over 4,600 Nvidia GB300 rack computers with Blackwell Ultra GPUs, promising to roll out hundreds of thousands o...
The technology industry continues to invest heavily in AI infrastructure, with commitments reaching $100 billion as companies rush to build data centers and secure talent. This represents a significant shift in the tech...
