Anthropic, Microsoft announce new AI data centers
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Rising electricity prices have sparked criticism of data centers, but new research shows they aren’t the main driver of higher rates.
Microsoft unveiled its first AI “superfactory,” linking data centers in Wisconsin and Atlanta through a high-speed fiber network. It will use hundreds of thousands of Nvidia GPUs to train and run advanced AI models for key Microsoft partners such as OpenAI,
Oracle is the fifth-largest cloud computing infrastructure company, and its massive backlog is gaining attention.
Microsoft (NASDAQ: MSFT), and OpenAI had pooled $40 billion to purchase data centers, it stopped me cold. That’s not just a headline deal — it’s a declaration that the world’s most powerful capital and AI players see exponential expansion ahead for cloud infrastructure.
AI cloud giant CoreWeave faces capacity shortages following development delays from a third-party data center firm.
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Virginia data center deals lack transparency, watchdog says
A new report says Virginia offers some of the largest tax breaks in the country for data centers but does not publicly disclose which companies receive them or how much the exemptions are worth. The report,
The data center industry is poised to push Oklahoma utilities to their demand limits. Regulators emphasize careful cost allocation to protect consumers.
Artificial intelligence company Anthropic announced a $50 billion investment in computing infrastructure on Wednesday that will include new data centers in Texas and New York.
As the demand for data centers continues to accelerate—driven by artificial intelligence, cloud computing, and energy-intensive
CoreWeave reported revenue of $1.36 billion for the third quarter, compared with analysts' average estimate of $1.29 billion, according to data compiled by LSEG. (Reporting by Akash Sriram in Bengaluru; Editing by Shilpi Majumdar)