data centers

AI’s $100 Billion Data Center Push May Rewire Global Commerce
AI’s $100 Billion Data Center Push May Rewire Global Commerce
September 18, 2024  |  artificial intelligence

A newly formed coalition of tech and finance titans is betting $100 billion that artificial intelligence (AI) could alter global trade infrastructure, launching an ambitious...

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Nvidia’s Profits Projected to Surge Amid Ongoing AI Adoption
Nvidia’s Profits Projected to Surge Amid Ongoing AI Adoption
August 25, 2024  |  artificial intelligence

Nvidia is expected to show another jump in profits this week thanks to ongoing artificial intelligence (AI) adoption. That’s according to a report Sunday (Aug....

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Microsoft Taps Lumen to Meet AI Data Center Demands
Microsoft Taps Lumen to Meet AI Data Center Demands
July 24, 2024  |  artificial intelligence

Microsoft has launched a partnership with telecommunications company Lumen Technologies. The collaboration, announced Wednesday (July 24), will see Lumen use Microsoft’s cloud to further its...

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Floundering Crypto Miners Look For AI Company Lifelines
Floundering Crypto Miners Look For AI Company Lifelines
July 17, 2024  |  Cryptocurrency

Cryptocurrency miners are reportedly scrambling to boost their revenues by forging deals with AI developers. As the Financial Times (FT) reported Wednesday (July 17), these...

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Microsoft Will Spend $3.2 Billion on Swedish AI Infrastructure
Microsoft Will Spend $3.2 Billion on Swedish AI Infrastructure
June 03, 2024  |  artificial intelligence

Microsoft is reportedly investing $3.2 billion to expand its AI and cloud operations in Sweden. As Reuters reported Monday (June 3), the investment comes as...

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NVIDIA Unveils Superchip Designed to Boost AI Capacity and Speed
NVIDIA Unveils Superchip Designed to Boost AI Capacity and Speed
August 08, 2023  |  artificial intelligence

NVIDIA has unveiled a superchip that boosts capacity and speed for use in generative artificial intelligence (AI) and other accelerated computing demands. The Grace Hopper...

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Amazon Undertakes $7.8 Billion Expansion of Ohio Data Operations
Amazon Undertakes $7.8 Billion Expansion of Ohio Data Operations
June 26, 2023  |  Amazon

Amazon Web Services (AWS) says it is upping its investment in its Ohio data center operations. The company announced Monday (June 26) that it will spend an estimated...

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Big Tech Q3 Revenue Takes Hit Amid Rising Data Center Energy Cost in Europe
Big Tech Q3 Revenue Takes Hit Amid Rising Data Center Energy Cost in Europe
October 30, 2022  |  Big Tech

In the week that Amazon, Alphabet, Meta, Microsoft and other Silicon Valley Big Tech firms announced their third quarter (Q3) earnings, the general picture reflected...

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Capital One Posts Mixed Results Amid Tech Transformation
Capital One Posts Mixed Results Amid Tech Transformation
October 25, 2019  |  Earnings

Capital One’s domestic card business provided strong Q3 earnings results, and continued to pick up momentum, the bank said on Thursday (Oct.24). The financial institution...

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