The A.I. boom has propelled the South Korean tech giant’s earnings, but its shares sank as investors had even loftier expectations.
Category: Data Centers
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Energy Department Orders Data Centers to Tap Backup Power
As triple-digit heat engulfs much of the United States, the Trump administration wants grid managers to require the use of backup power that often goes unused.
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Your Home Could Help Solve AI’s Growing Power Demand
Tesla, Sunrun and Renew Home plan to tap solar panels, batteries, thermostats and other devices installed in millions of homes to meet the energy demands of artificial intelligence.
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How Much Is SpaceX Really Worth?
The company’s deep commitment to Mars colonization and Elon Musk’s nearly total control make SpaceX stock an astonishingly speculative bet, our columnist says.
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Federal Energy Regulator Seeks to Limit Conflicts Over Data Centers
The Federal Energy Regulatory Commission directed grid managers to make changes that protect individuals from higher electricity bills while giving data centers access to power faster.
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The Homesteading Mother of 6 Taking On Big Tech
Kassi Solberg has concerns about a proposed data center complex, the size of 3,800 football fields, near her home. Trust us, the developer says.
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Nvidia’s Profit Hits $58.3 Billion as A.I. Boom Gathers More Steam
The chip maker said its profit in its most recent quarter jumped 211 percent from a year ago thanks to extreme demand from other big technology companies.
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Rising Energy Costs and Data Centers at Heart of NextEra’s Dominion Bid
NextEra’s proposed acquisition of Dominion Energy comes as Americans are paying a lot more for electricity, and data centers are demanding a lot more power from utilities.
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NextEra Energy Said to Be in Talks to Acquire Dominion, Creating a Utility Giant
A deal, involving the utilities in Florida and Virginia, would come as demand for power is soaring, largely because of the rapid growth of A.I. data centers.
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Cerebras, A.I. Chip Maker, Rises 89% in Market Debut
Cerebras, a Silicon Valley maker of artificial intelligence chips, began trading on the stock market on Thursday, as SpaceX, OpenAI and Anthropic also take steps to go public.
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A Start-Up Aiming to Make Geothermal Energy Mainstream Goes Public
Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth’s heat, raised $1.9 billion in an initial public offering.
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Anthropic’s C.E.O. Says It Could Grow by 80 Times This Year
The chief executive, Dario Amodei, said the rapid growth had exponentially increased the start-up’s need for more computing power.