data centers

Saudi Arabia Unveils $10 Billion VC Fund in Race for Middle East’s AI Crown
Saudi Arabia Unveils $10 Billion VC Fund in Race for Middle East’s AI Crown
May 28, 2025  |  artificial intelligence

Saudi Arabia’s new state-backed AI company plans to launch a $10 billion venture capital fund and seek investments from top U.S. tech companies as it...

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OpenAI Texas Data Center Lands $11.6 Billion in Funding Commitments
OpenAI Texas Data Center Lands $11.6 Billion in Funding Commitments
May 21, 2025  |  Artificial Intelligence

One of OpenAI’s future data centers has reportedly secured $11.6 billion in funding commitments. Get the Full Story Complete the form to unlock this article...

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This Week in AI: Google Expands AI and ‘Generative Ghosts’ Are Coming
This Week in AI: Google Expands AI and ‘Generative Ghosts’ Are Coming
April 25, 2025  |  artificial intelligence

From Tesla’s CEO shifting focus amid earnings headwinds to Google’s artificial intelligence (AI) advancements and a glimpse into digital immortality, here are the top stories...

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AWS, Microsoft Slow Down Data Center Deployments
AWS, Microsoft Slow Down Data Center Deployments
April 22, 2025  |  Technology

AWS and Microsoft are pausing or slowing down the development of data centers, according to a Wells Fargo research note shared with PYMNTS. Get the...

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Nvidia and xAI Sign On to $30 Billion AI Infrastructure Fund
Nvidia and xAI Sign On to $30 Billion AI Infrastructure Fund
March 19, 2025  |  artificial intelligence

Elon Musk’s xAI and chipmaker Nvidia have joined a $30 billion artificial intelligence (AI) infrastructure project. Get the Full Story Complete the form to unlock...

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Report: Meta Looks to Raise $35 Billion to Develop Data Centers
Report: Meta Looks to Raise $35 Billion to Develop Data Centers
February 27, 2025  |  Meta

Meta is reportedly in talks to raise $35 billion to help finance the development of data centers in the U.S. Get the Full Story Complete the form...

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Microsoft Refutes Reports of AI Infrastructure Pullback
Microsoft Refutes Reports of AI Infrastructure Pullback
February 24, 2025  |  Technology

Microsoft reportedly still plans to earmark $80 billion for capital expenditures, despite reports suggesting otherwise. Get the Full Story Complete the form to unlock this article...

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Divided Picture Emerges on Tech and Enterprise AI Spend
Divided Picture Emerges on Tech and Enterprise AI Spend
February 14, 2025  |  artificial intelligence

Global IT spending is expected to increase by 9% in 2025, driven by AI and cloud expenditures, according to a report from S&P Global Ratings....

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OpenAI Plans Grand Expansion While Losing Billions. Sound Familiar?
OpenAI Plans Grand Expansion While Losing Billions. Sound Familiar?
February 13, 2025  |  artificial intelligence

From its genesis as a small nonprofit startup in Silicon Valley in 2015, OpenAI has transformed itself into the top artificial intelligence (AI) company today,...

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