As 2024 was drawing to a close, OpenAI CEO Sam Altman faced two major problems. He wasn’t getting enough server capacity from Microsoft, his company’s biggest backer, to stay ahead of rivals ...

There has been the controversial announcement what is called a $500 billion AI project in the USA. There is controversy about how much funding is in the ...

Mukesh Ambani’s Reliance Group is building what may become the world’s biggest data center by capacity in India, the latest in a blitz of global investments to capitalize on booming demand for ...

When a renowned investor sells a substantial stake in a high-flying stock, it often raises eyebrows. Is it a signal to take ...

Canada wants to host the next generation of data centres that will provide computing power needed for the burgeoning boom in ...

President Trump said in a virtual address at the World Economic Forum on Thursday that his administration is going to give "rapid approvals" to AI companies looking to build power plants attached to ...

This week's announcement by President Donald Trump of a massive private-sector investment to build more AI data centers casts a spotlight on a relatively small and nimble class of cloud computing ...

The new joint venture between OpenAI, Oracle, SoftBank and other partners intends to build the infrastructure needed to greatly expand artificial intelligence in the U.S.

In June 2023, Kotak Data Center Fund said it would invest up to Rs 6 billion ($73m) in compulsory convertible debentures of Sify Technologies’ data center unit. The funds were said to be for data ...

In July 2024, Fractile emerged from stealth, having raised $15 million in seed funding from a round co-led by Kindred Capital, Nato Innovation Fund, Oxford Science Enterprises, and a number of angel ...

As news trickled out about President Trump's announcement of a new $500 billion Stargate joint venture focused on artificial-intelligence infrastructure, some potential beneficiaries emerged.