Josh Payne, the chief executive of Nscale, raised $2 billion from investors. Sheryl Sandberg, the former Facebook executive, is joining his board.
Category: Data Centers
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The Former Coal Miner in the Middle of the A.I. Data Center Boom
The New York Times – Business: -
Ford Will Make a Play for a Different Battery Market
The New York Times – Business:The company, long focused on cars and trucks, plans to begin manufacturing large batteries used by utilities, data centers, other businesses and homeowners.
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Microsoft Continues to Spend Big on A.I. While Profit Jumps 60 Percent
The company said on Wednesday that revenue in the most recent quarter was $81.3 billion, but its share price dropped more than 5 percent in after-hours trading.
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Why the Power May Not Go Out Until After the Storm Has Passed
The steady accumulation of snow and freezing rain and a rise in demand for electricity can cause problems long after the sky clears, energy experts said.
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Trump and States Aim to Stop A.I. From Inflating Energy Bills
Demand from centers that power artificial intelligence have driven up electricity bills, frustrating consumers.
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State and Federal Lawmakers Want Data Centers to Pay More for Energy
Many proposals have been introduced, but there is little consensus among governors, Congress members and tech executives about exactly how much the companies behind data centers should pay for electricity.
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Microsoft Pledges to Pay More for Electricity, Drawing Praise From Trump
The tech giant is responding to concerns that data centers are driving up electricity costs in some communities.
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Will the A.I. Boom Continue to Drive Up Stocks in 2026?
The boom in artificial intelligence was the biggest driver of gains in the stock market. That could pose a risk in 2026.
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Data Center Surge Reaches India as American Tech Giants Invest Billions
Megacities in southern India are attracting enormous investments to help build artificial intelligence infrastructure to serve the world’s most data-hungry country.