To fund heavy spending on infrastructure for artificial intelligence, companies have leveraged a growing list of complex debt-financing options.
Category: Data Centers
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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.
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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?
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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.
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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.
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Why Diamonds Are Computer Chips’ New Best Friend
Data centers squander vast amounts of electricity, most of it as heat. The physical properties of diamond offer a potential solution, researchers say.
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OpenAI’s Team of Rivals Now Includes AMD and Nvidia
The artificial intelligence giant just announced a major partnership with AMD — weeks after striking a big deal with the chipmaker’s competitor, Nvidia.
