Category: Data Centers

What Oracle’s Surge Says About the A.I. Boom

Shares in the tech giant are on a torrid run, stunning Wall Street, even as its profit outlook puzzles some analysts.
The A.I. Spending Frenzy Is Propping Up the Real Economy, Too

The trillions of dollars that tech companies are pouring into new data centers are starting to show up in economic growth. For now, at least.
Big Tech’s A.I. Boom Is Reordering the U.S. Power Grid

Electricity rates for individuals and small businesses could rise sharply as Amazon, Google, Microsoft and other technology companies build data centers and expand into the energy business.
Amazon Reports $18.2 Billion in Profit Amid Strong Retail Demand

Consumers spent more than expected on the e-commerce giant’s site, while margins tightened at the company’s all-important cloud computing division.
Wall St. Firms Are Buying Utilities to Tap Into the A.I. Boom

Consumer groups say proposals by BlackRock and Blackstone to buy energy companies in Minnesota, New Mexico and Texas could hurt residents.
China Is Spending Billions to Become an A.I. Superpower

Beijing is taking an industrial policy approach to help its A.I. companies close the gap with those in the United States.
Meta Built a Data Center Next Door. The Neighbors’ Water Taps Went Dry.

In the race to develop artificial intelligence, tech giants are building data centers that guzzle up water. That has led to problems for people who live nearby.
As Energy Costs Surge, Eastern Governors Blame a Grid Manager

Anger at PJM, which manages the electrical grid in all or parts of 13 states and the District of Columbia, has been boiling over in some state capitals.
How ASML, a Key Supplier to the Chip Industry, Is Navigating Trump’s Trade War

ASML, the Dutch company that makes multimillion-dollar tools to manufacture advanced semiconductors, is grappling with the repercussions of a tech trade war.
Are A.I. Data Centers a Sure Thing or the Next Real Estate Bubble?

Private equity firms like Blackstone are using their clients’ money to buy and build data centers to fuel the artificial intelligence boom.
Data Centers’ Hunger for Energy Could Raise All Electric Bills

Individuals and small businesses may end up bearing some of the cost of grid upgrades needed for large electricity users, a new report found.
For Trump, It’s a New Era of Deal-Making With Tech’s Most-Coveted Commodity

As the president heads to the Middle East, America’s dominance over A.I. chips has become a powerful source of leverage for the president.