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.
Category: Data Centers
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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.
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How Do You Measure A.I. Firms’ Gargantuan Energy Plans? In ‘Bragawatts.’
One way for a company to stand out — or to intimidate the competition — is to boast, often without evidence, about how much power it has access to.
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Musk’s SpaceX Goals Shift Ahead of Its I.P.O.
As SpaceX prepares to go public, Mr. Musk has proposed moonshots that differ from the company’s original aim of reaching Mars.
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Elon Musk’s SpaceX Files to Go Public, Setting Stage for Huge I.P.O.
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.
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Local Opposition Is Slowing A.I. Data Centers. Wall Street Has Noticed.
Tech companies are running into resistance from neighbors and may not be able to build at the pace they promised investors.
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U.S. Tech Giants Flocked to the Persian Gulf. Now They Are Targets.
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.