As wealthier areas are pushing back against huge A.I. data centers, speculators are pitching places like Doña Ana County, N.M., on their vision. Local officials are eager for a deal — even if they don’t quite know the terms.
Category: Data Centers
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The A.I. Boom Is Driving the Economy. What Happens if It Falters?
A windfall for companies that build data centers and their suppliers is overshadowing weakness in other industries.
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Family Affair: Commerce Secretary’s Sons Cash In on A.I. Frenzy
Howard Lutnick is helping push data center projects. His family companies are profiting from them.
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Saudi Arabia, Once Shunned, Has Corporate Titans Swooning for Deals
Some of the most prominent U.S. executives gathered at the Kennedy Center for an event promoting deal-making with the oil-rich kingdom.
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Saudi Arabia Backs Elon Musk’s xAI With Data Center Deal
Mr. Musk’s xAI will work with the Saudi artificial intelligence company Humain on a new data center, part of Crown Prince Mohammed bin Salman’s effort to diversify his country’s economy.
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Debt Has Entered the A.I. Boom
To fund heavy spending on infrastructure for artificial intelligence, companies have leveraged a growing list of complex debt-financing options.
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A.I. Isn’t the Only Thing Pushing Up Electricity Bills. (But It’s Mostly A.I.)
Calvin Butler, the chief executive of Exelon, one of the nation’s largest utility companies, is trying to keep the lights on.
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Amazon’s Profit Is Up 38% on Strong Performance
After unexpectedly strong sales and profits across its consumer and cloud businesses, the tech giant said another strong quarter might be ahead.
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Microsoft Increases Investments Amid A.I. Race
The company reported that it spent a higher-than-expected $34.9 billion in capital expenditures during its quarter.
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Saudi Arabia, Rich With Oil, Wants to Be Known as the A.I. Exporter
The kingdom is pouring money into data centers and working with U.S. and Chinese tech giants, landing its A.I. ambitions in the middle of a geopolitical tussle for tech power.