Global spending on data centers is projected to reach $580 billion this year, exceeding investment in new oil supplies by $40 billion, according to a recent report from the International
Leaked financial documents, reported by tech blogger Ed Zitron this week, provide new insights into OpenAI’s revenue share payments to Microsoft and its substantial compute costs. The documents indicate
Redmond, WA – Microsoft Corp. has outlined plans to integrate custom AI chip designs developed by its partner OpenAI into its own semiconductor development initiatives. This strategic move is intended to
Anthropic announced on Wednesday a new data center partnership with U.K.-based neocloud provider Fluidstack, committing $50 billion to construct facilities across the United States. This initiative aims to
Veir, a Microsoft-backed startup, is redirecting its superconducting cable technology to address the escalating power requirements and spatial constraints within modern data centers. This strategic pivot shifts the company'
A recent report from global venture capital firm Accel indicates that Europe and Israel are attracting significant private funding in the artificial intelligence (AI) application layer, narrowing the gap with
OpenAI CEO Sam Altman publicly stated that the company does not seek government guarantees for its data center investments, asserting that governments should not pick market winners or bail out
Apple Inc. is reportedly finalizing a substantial agreement with Google that would involve the iPhone manufacturer paying approximately $1 billion annually for a bespoke version of Google's Gemini
Alloy Enterprises, a developer of thermal management solutions, has introduced advanced cooling plates utilizing a novel manufacturing process it terms stack forging. This development addresses the escalating thermal demands within
Google's proposed $32 billion acquisition of cloud security firm Wiz has received clearance from the U.S. Department of Justice (DOJ) antitrust review, marking a significant step forward
Microsoft CEO Satya Nadella and OpenAI CEO Sam Altman have identified power availability and data center construction speed as critical impediments to artificial intelligence (AI) expansion, according to statements made
OpenAI, the artificial intelligence research and deployment company known for its ChatGPT models, announced Monday a definitive seven-year agreement with Amazon for the procurement of $38 billion in cloud computing