Nvidia reported record Q2 revenue of $46.7 billion, with nearly 40% coming from just two unidentified customers who purchased AI chips directly. The company's growth is largely driven by the AI data center boom, though t...
Meta plans to spend $66-72 billion on AI infrastructure in 2025, more than doubling its previous investment to build massive data centers and AI superclusters. The company is constructing "titan clusters" including Prome...
President Trump unveiled an AI Action Plan that was shaped by Silicon Valley allies and is being celebrated by major AI companies. The plan aims to reduce environmental regulatory barriers for data center construction, l...
President Trump is set to unveil his AI Action Plan, replacing Biden's executive order with a strategy focused on three pillars: infrastructure, innovation, and global influence. The plan emphasizes accelerating AI devel...
Meta is using temporary tent structures to rapidly expand its data center capacity while permanent facilities are under construction, demonstrating urgency to compete in the AI race. The company is building a 5-gigawatt...
CoreWeave announced a $9 billion all-stock acquisition of data center provider Core Scientific, gaining access to over one gigawatt of capacity for AI training and inference workloads. The deal reflects the broader indus...
Saudi Arabia's state-owned AI company Humain is launching a $10 billion venture fund to invest in AI startups across the U.S., Europe, and Asia, while engaging with major firms like OpenAI and xAI. The company plans to b...
OpenAI announced Stargate UAE, bringing a 1GW data center cluster to Abu Dhabi with 200MW going live in 2026, developed with partners including G42, Oracle, Nvidia, Cisco, and SoftBank. This marks the first partnership u...
OpenAI is reportedly developing a 5-gigawatt data center campus in Abu Dhabi spanning 10 square miles, as part of its global Stargate project with G42, an Abu Dhabi-based tech conglomerate. The facility would be four tim...
OpenAI is reportedly planning to build data centers in the United Arab Emirates to expand its Middle East presence, with a possible announcement coming soon. The company has existing relationships with UAE entities, incl...
