A new analysis by Bloomberg has uncovered the extraordinary impact that power-hungry data centers already have had on the electricity bills of millions of ordinary Americans, and the news is not good.
Oracle shares initially plunged following a report that the company has slim profit margins on AI cloud computing compared to the rest of its business. Tesla shares fell after the electric-vehicle ...
Edge computing brings processing power on site and in country, ensuring security, resilience and real-time decisions where the cloud falls short. DUG Nomad 10 delivers 80 kW of IT heat rejection in a ...
Today, almost 10 years later, Amazon is the largest e-commerce retailer in the world, with an estimated over 310 million active global users. It’s a company synonymous with daily American life, with ...
In one case, Nvidia “agreed to spend $1.3 billion over four years” to rent its own AI chips from Lamda, another cloud computing firm, which bought those chips “with borrowed money collateralized by ...
Brookfield-owned data center operator Centersquare is ramping up in a big way. The Coppell-based company is spending $1 billion to buy 10 properties across the U.S. and Canada, boosting its portfolio ...
Oracle shares dropped 2.5%, while gold hit another record.
A spate of recent deals among AI's biggest players has tightened the circle of companies and investments underpinning the technology’s explosive growth.
Oracle's (ORCL) internal documents showed that the fast-growing cloud business has thin gross profit margins in the past year or so.
OpenAI has lined up more than a trillion dollars of computing deals, according to the Financial Times, cementing Sam Altman’s bid to lock down the AI supply chain from chips to cloud to power.
Oracle became the best-performing megacap stock of 2025 after its executives said last month that the once-sleepy database firm will generate an astonishing $381 billion in revenue from renting out ...
Why are state and local officials so welcoming to the data center industry that appears to take so much more than it gives to the area?