Category: Data Centers

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.
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.
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.
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.
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.
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.
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.
China’s Control of Rare Earths Has U.S. Scrambling to Find Alternatives

The Trump administration is trying an array of unconventional measures to shore up U.S. rare earths supplies. It remains uncertain whether the strategy will work.
AI Data Centers Create Fury From Mexico to Ireland

As tech companies build data centers worldwide to advance artificial intelligence, vulnerable communities have been hit by blackouts and water shortages.
How Chile Embodies A.I.’s No-Win Politics

Political debates have flared across Chile over artificial intelligence. Should the nation pour billions into A.I. and risk public backlash, or risk being left behind?
Why China Built 162 Square Miles of Solar Panels on the World’s Highest Plateau

China is using the high-altitude expanse for immense solar panel farms and wind turbines and has begun work on the world’s largest hydroelectric dams.
Base Power, a Battery-Focused Power Company, Raises $1 Billion

The company, which leases out residential batteries as well as sells energy, is betting that it can profit from a new approach to soaring energy demands.