Data Centers AI News & Updates

Microsoft Reduces Data Center Footprint Amid Industry Expansion

February 25, 2025 15:13

Microsoft has canceled leases totaling approximately two data centers' worth of capacity with multiple providers. This contraction stands in contrast to significant industry expansion, including the $500 billion Stargate...

OpenAI in Talks for $40 Billion Funding at $340 Billion Valuation

January 30, 2025 21:55

OpenAI is reportedly negotiating a massive funding round of up to $40 billion that would value the company at $340 billion, with SoftBank potentially leading the investment with $15-25 billion. The capital would help fun...