Power demand from US data centers is set to surge to 106 gigawatts by 2035, according to BloombergNEF, a 36% increase from the research provider’s previous outlook in April. The upward revision in ...
As everyone from OpenAI co-founder Sam Altman to armchair economists debate whether we’re in an AI bubble, Databricks’ latest fundraising effort suggests at least some investors are still willing to ...
Nvidia CEO Jensen Huang touted “off the charts” demand for its advanced computer chips as the tech titan reported strong third-quarter results on Wednesday – a major relief for investors who have ...
The Nvidia-backed data center company is part of a growing ecosystem of so-called neoclouds propping up the AI industry and its insatiable hunger for compute. The Nvidia-backed data center company is ...
President Donald Trump has been mocked online for adding a sign to the White House to remind him where the Oval Office is. Trump, 79, who is hoping to reshape the entire White House with a gaudy Mar-a ...
LONDON, Nov 5 (Reuters) - AI fever has propelled global stocks to record highs, but the data centres needed to power the promised revolution are increasingly being financed with complex debt that ...
The world’s largest tech companies are doubling down on their massive investments in AI infrastructure and pushing back on claims that this data center spending spree is creating a bubble that ...
Abhijit Dubey, CEO of NTT Data, joins CNBC's Dan Murphy on the sidelines of FII to discuss the state of the AI build-out and whether the industry is at risk of overheating. Trump takes sharp U-turn on ...
Major cloud companies expected to spend $400 billion on AI this year AI investments face uncertain returns, MIT study shows low success rate Investors optimistic about future AI adoption despite ...
The Bank of England is reviewing lending to data centers that are a one way bet on the future of artificial intelligence. The BOE has already called out the market risk from a surge in the valuations ...
The 1970s were one of the most volatile decades in recent economic history, giving rise to a commodities boom that saw soybean prices soar, then plummet. Bitcoin’s price chart has started to show ...
Data centers are facilities that house computing and telecommunications infrastructure. They have been around for a long time, but demand is skyrocketing thanks to the rise of internet, crypto ...