The company reported that it spent a higher-than-expected $34.9 billion in capital expenditures during its quarter.
Category: Data Centers
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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.
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Why Don’t Data Centers Use More Green Energy?
Reliance on fossil fuels is almost unavoidable — at least for now.
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What Wall Street Sees in the Data Center Boom
Data center capacity has become a barometer for both the health of the tech market and the risk of an A.I. bubble.
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How Wall Street’s Big Bets on A.I. Are Driving Interest in Huge Parking Lots
J.P. Morgan, Blackstone and other financial giants are buying “industrial outdoor storage,” sites vital to logistics, trade and the construction of data centers.