Nearly 9,000 data centers exist globally, with a third expected to be in overly hot climates by 2030. This is driving up cooling costs and pushing companies to consider radical ideas like space-based facilities.
In a major pivot, a data center firm owned by Bitcoin mining company Bit Digital has secured a massive $865 million contract with AI infrastructure player Nscale. The ten-year deal covers 40MW of capacity at a converted textile plant in North Carolina, with an option to double in size. It’s a clear
A major power outage in San Francisco over the weekend didn’t just affect homes—it stopped Waymo’s robotaxis in their tracks. Videos showed the autonomous vehicles stalled at intersections, forcing the company to suspend service in the area.
Microsoft and NASA are applying AI to the urgent challenge of water-related disasters. Their new tool, Hydrology Copilot, aims to simplify access to NASA’s complex hydrological datasets for planners and researchers. The goal is to improve flood risk assessment and emergency preparedness.
Annual budget season highlights the messy reality of data center management. But as AI and edge computing explode, new software tools are turning infrastructure into a strategic asset. The key is bridging the gap between IT and operational tech.
According to a Fortune commentary, the traditional IT service model is failing. Huge numbers of organizations are planning to replace their tools next year because employees and IT teams are fed up with slow, manual processes. The path forward involves AI, collaboration tools, and flexible workflows
A bad day for Oracle stock caused a massive shift at the top of the billionaire rankings. Larry Ellison lost over $11 billion, allowing Amazon’s Jeff Bezos to reclaim the number three spot globally.
Oracle’s stock took a 4% hit following a Financial Times report that Blue Owl Capital had walked away from talks to back a $10 billion, 1-gigawatt data center project in Michigan. Oracle disputes the report, claiming the project is “on schedule” but with a different equity partner. The incident high
Fernando de Leon built a $10 billion firm by spotting distress, like before the 2008 crisis. He sold billions in property in 2021, sensing a market top. Now, he says the same dangerous signals are flashing in the red-hot data center sector.
OpenAI is negotiating a major investment from Amazon that could exceed $10 billion, according to a CNBC report. This comes after OpenAI restructured to gain more freedom to partner beyond Microsoft, its primary backer.
