Microsoft budgeting a staggering $80B to build data centers this year
More than half of the $80 billion budget is expected to be deployed in the United States. The facilities will help train AI models and distribute cloud-based applications across the globe, according to Microsoft vice chair Brad Smith.
Digital Realty shares rose 32% last year as demand for artificial intelligence capacity soared but data center space remained ...
Deals involving the data center sector are occurring regularly, as tech companies make moves to ensure they have a reliable ...
Keeping track of all that has happened in 2024 is a momentous task - at DCD alone, we've published just under 5,000 news ...
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Micron Stock Extends Rally On Pure Storage Partnership Amid Trump’s $20B US Data Center Push: Retail Bullish On Hyperscaler AmbitionsShares of Micron Technology surged over 4% on Tuesday afternoon after the company announced new memory and storage products, ...
Big Tech hyperscalers like Amazon, Microsoft and Meta will expand development pipelines as they pursue gigawatt-scale ...
Utilities, the lowest-performing S&P 500 sector in 2023, rebounded strongly in 2024, reflecting a major shift in electricity ...
OpenAI CEO Sam Altman suggested that President-elect Trump should ease restrictions on data center and power plant construction to help boost the development of energy-intensive artificial ...
CFO Colette Kress said the company's new Blackwell chip shipments are on track, while separately noting that the new fiscal ...
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