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Author: precious
I’m Precious Amusat, Phronews’ Content Writer. I conduct in-depth research and write on the latest developments in the tech industry, including trends in big tech, startups, cybersecurity, artificial intelligence and their global impacts. When I’m off the clock, you’ll find me cheering on women’s footy, curled up with a romance novel, or binge-watching crime thrillers.
Amazon Announces $12 Billion Louisiana Data Center Investment to Boost AI and Cloud Capacity
Amazon has committed $12 billion to build multiple data center campuses across Caddo and Bossier Parishes in northwest Louisiana, marking the company’s first large-scale data center presence in the state. Governor Jeff Landry made the announcement, alongside Amazon’s Chief Global Affairs and Legal Officer David Zapolsky. Construction is set to begin within weeks, and the project will support both cloud computing and artificial intelligence (AI) infrastructure for Amazon Web Services (AWS). Where the Campuses will be Located and Who is Building It The confirmed locations span multiple campuses across Caddo and Bossier Parishes, with each site placed miles apart and…
U.S. President Donald Trump used his State of the Union address to announce a new policy requiring major technology companies to generate their own electricity for their AI data centers, rather than drawing from the national grid and passing those costs on to American consumers. “We’re telling the major tech companies that they have the obligation to provide for their own power needs,” Trump said during the address. “They can build their own power plants as part of their factory so that no one’s prices will go up, and in many cases, prices of electricity will go down for the…
Anthropic’s launch of Claude Code Security sent cybersecurity stocks into a sharp decline, with investors interpreting the AI-powered vulnerability scanning tool as a threat to established players in the sector. The Global X Cybersecurity ETF dropped 4.9%, its lowest closing since 2023, while CrowdStrike fell 8%, Cloudflare slid 8.1%, and both SailPoint and Okta shed more than 9%. The tool, now available in a limited research preview for Enterprise and Team customers, is built into Claude Code on the web and can scan entire codebases for security vulnerabilities, propose targeted patches, and surface findings for human review, all without relying…
The world’s data centers consumed approximately 415 terawatt-hours (TWh) of electricity in 2024, about 1.5% of global electricity use, and that number is on track to more than double by the end of this decade. According to the International Energy Agency’s (IEA) April 2025 report, global data center electricity demand is projected to reach 945 TWh by 2030, an amount roughly equal to Japan’s entire annual power consumption today. Artificial intelligence (AI) is the primary driver of this surge, and the pace at which it is growing is raising hard questions about whether existing power infrastructure can support the industry’s…
Alphabet, Amazon, Microsoft and Meta Plan $650 Billion AI Infrastructure Spending for 2026
Four of the largest technology companies in the world, Alphabet, Amazon, Meta, and Microsoft, are set to collectively spend approximately $650 billion on capital expenditures in 2026, with the bulk of that money going into data centers, AI chips, servers, and the power infrastructure needed to run them. The figure, first reported by Bloomberg and later confirmed by Bridgewater Associates in a letter to clients, represents a 60% increase from the roughly $410 billion the four companies spent in 2025, and marks the largest single-year capital spending commitment by any group of companies in at least a decade. What Each…
Nvidia recently announced a multiyear, multigenerational partnership that will see Meta deploy millions of Nvidia’s current and next-generation AI chips across its data centers. The deal covers Nvidia’s Blackwell and Rubin GPUs, Grace and Vera CPUs, and networking infrastructure, making it one of the most comprehensive hardware commitments Meta has made to a single vendor. Neither company disclosed a financial figure. The Details of the Meta-Nvidia Hardware Deal The scope of the agreement goes beyond chips alone. Meta will deploy millions of Nvidia Blackwell GPUs as well as the next-generation Rubin GPUs, which recently entered production. On the CPU side,…
Nvidia CEO Jensen Huang did not attend the India AI Impact Summit 2026 in New Delhi, which ran from February 16 to 20, after falling ill following three consecutive weeks of travel, the company said. His absence was confirmed before the event opened, with the company’s India communications agency MSL citing “unforeseen circumstances” in an email to media. Nvidia later clarified through its South Asia Managing Director Vishal Dhupar that Huang had caught a bug and was unwell. “Jensen has travelled for three straight weeks, he caught a bug, he is under the weather,” Dhupar said to a question on…
Nvidia has sold its entire remaining stake in ARM Holdings, according to a regulatory filing submitted to the U.S. Securities and Exchange Commission on Tuesday, February 18, 2026. The company sold roughly 1.1 million ARM shares worth approximately $140 million based on ARM’s closing price at the time of disclosure, ultimately bringing Nvidia’s stake to zero. From a $40 Billion Bid to Zero Shares The story behind this divestment goes back to 2020, when Nvidia moved to purchase ARM Holdings for $40 billion, a deal that, had it gone through, would have been one of the largest semiconductor acquisitions ever…
Anthropic released Claude Sonnet 4.6, describing it as “our most capable Sonnet model yet.” The model is now the default for free and paid Pro users across Anthropic’s Claude AI chatbot and Claude Cowork productivity tool, replacing Sonnet 4.5 across both platforms. The release comes just twelve days after Anthropic launched Claude Opus 4.6, its flagship model, highlighting the pace at which the company is pushing new releases as it competes with OpenAI, Meta, and Google. Flagship-Level Performance at a Lower Cost The headline claim Anthropic is making with Sonnet 4.6 is straightforward – it performs at near-Opus quality without…
Resolve AI has closed a $125 million Series A funding round led by Lightspeed Venture Partners, placing the company at a $1 billion valuation. Existing investors include Unusual Ventures, Artisanal Ventures, and A* participated, along with Greylock Partners, who led the startup’s $35 million seed round in late 2024. The raise brings Resolve AI’s total funding to more than $150 million. What Resolve AI Does Founded in 2024, Resolve AI’s platform monitors and integrates complex cloud environments such as AWS and Kubernetes, investigating production incidents, finding root causes, and recommending or automatically executing fixes. Instead of relying on static rules,…
