Category: Data Centers

Musk’s SpaceX Goals Shift Ahead of Its I.P.O.

The New York Times – Business:
As SpaceX prepares to go public, Mr. Musk has proposed moonshots that differ from the company’s original aim of reaching Mars.
Elon Musk’s SpaceX Files to Go Public, Setting Stage for Huge I.P.O.

The New York Times – Business:
An initial public offering of Elon Musk’s rocket and satellite company would most likely be a generational wealth event and one of the largest offerings ever.
Local Opposition Is Slowing A.I. Data Centers. Wall Street Has Noticed.

The New York Times – Business:
Tech companies are running into resistance from neighbors and may not be able to build at the pace they promised investors.
U.S. Tech Giants Flocked to the Persian Gulf. Now They Are Targets.

The New York Times – Business:
Amazon, Google and others struck deals in the Persian Gulf to foot the bill for A.I. development. Iran has now threatened attacks against the companies’ infrastructure in the region.
The Former Coal Miner in the Middle of the A.I. Data Center Boom

The New York Times – Business:
Josh Payne, the chief executive of Nscale, raised $2 billion from investors. Sheryl Sandberg, the former Facebook executive, is joining his board.
Meta Announces Major Chips-for-Stock Deal With AMD

The New York Times – Business:
The multibillion-dollar deal is AMD’s latest move to catch up to Nvidia in the lucrative world of selling artificial intelligence chips.
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.
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.
Microsoft Pledged to Save Water. In the A.I. Era, It Expects Water Use to Soar.

Driven by the artificial intelligence frenzy, Microsoft is internally projecting that water use at its data centers will more than double by 2030 from 2020, including in places that face shortages.
Meta Campaigns to Change Opinions on Data Centers

The tech giant has spent more than $6 million on TV ads in state capitals and Washington, with the message that data centers create jobs.
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.
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.