If there’s any question about whether data centers are driving the global economy, a new report from the International Energy Agency should dispel any doubts. This year, the world will spend $580 billion on data centers, $40 billion more than it will spend on new oil supplies. “This point of comparison provides a telling marker […]
Data centers now attract more investment than than finding new oil supplies Read More »
If there’s any question about whether data centers are driving the global economy, a new report from the International Energy Agency should dispel any doubts. This year, the world will spend $580 billion on data centers, $40 billion more than it will spend on new oil supplies. “This point of comparison provides a telling marker
Data centers now attract more investment than finding new oil supplies Read More »
WisdomAI, the new AI data analytics startup from Rubrik co-founder Soham Mazumdar, has landed a fresh $50 million Series A led by Kleiner Perkins with participation from new investor NVentures (Nvidia’s venture capital arm). This round comes roughly six months after the startup announced a seed round of $23 million led by Coatue. WisdomAI offers
AI data startup WisdomAI has raised another $50M, led by Kleiner, Nvidia Read More »
Power demands of data centers have grown from tens to 200 kilowatts in just a few years, a pace that has data center developers scrambling to design future facilities that can handle the load. “In the next couple of years, it’s going to be 600 kilowatts, and then we’re going to a megawatt,” Tim Heidel,
Microsoft-backed VEIR is bringing superconductors to data centers Read More »
When Nvidia announced its Rubin series of GPUs in March, it also dropped a bomb: racks built with the Ultra version of the chip, which is expected to be released in 2027, could draw up to 600 kilowatts of electricity. That’s nearly twice as much juice as some of the fastest EV chargers can deliver
This startup’s metal stacks could help solve AI’s massive heat problem Read More »
Cloud-computing company Lambda deepened its relationship with Microsoft through a sizable AI infrastructure deal. Nvidia-backed Lambda announced it struck a multi-billion-dollar deal with Microsoft on Monday to deploy tens of thousands of Nvidia GPUs, according to a press release. The exact size of the deal was not disclosed. Some of these GPUs will be Nvidia
Lambda inks multi-billion-dollar AI infrastructure deal with Microsoft Read More »
As tech companies tout their plans for massive new data centers, consumers are increasingly worried the AI-driven gold rush will ultimately drive up the price they pay for electricity, according to a new survey. The report, commissioned by solar installer Sunrun, found that 80% of consumers are worried about the impact of data centers on
Rising energy prices put AI and data centers in the crosshairs Read More »
Core Scientific shareholders on Thursday voted down an all-stock acquisition offer from partner and competitor CoreWeave that was valued at the time at $9 billion. They did so following a vote-no recommendation from their largest shareholder, Sina Toussi of Two Seas Capital, a firm that focuses on post-bankruptcy companies. Core Scientific emerged from its bankruptcy
AI mania tanks CoreWeave’s Core Scientific acquisition; it buys Python notebook Marimo Read More »
Amazon’s cloud infrastructure service, Amazon Web Services (AWS), is on track to record its strongest year of growth in three years, fueled by the AI industry’s unprecedented demand for computing power. AWS is growing 20% year-over-year and ended the third quarter with $33.1 billion in sales through the first nine months of the year, Amazon
AWS exceeds Wall Street’s expectations as demand for cloud infra remains high Read More »
Nvidia CEO Jensen Huang is visiting South Korea for the first time in fifteen years to unveil new plans and deepen collaboration with major Korean tech companies — including Hyundai Motor, Samsung, SK, and Naver. During this week’s APEC Summit 2025, Nvidia and the South Korean government announced an expanded partnership to boost the country’s
Nvidia expands AI ties with Hyundai, Samsung, SK, Naver Read More »
