Author: precious

Google is locking in long-term electricity deals to power a new data center in the United States, turning to utilities AES Corp and Xcel Energy to secure dedicated, large-scale supplies of clean energy. The agreements are designed to support a planned Google facility in Wilbarger County, Texas, and a new data center in Pine Island, Minnesota, while adding significant new generation capacity to the grid. New Data Center Projects and Locations AES Corp has signed a 20‑year agreement to supply power for Google’s upcoming data center in Wilbarger County, a rural area in north Texas. Under the deal, AES will…

Nvidia is heading into its next earnings report with more pressure than celebration, as investors are questioning how long its extremely rapid growth in producing artificial intelligence (AI) chips can last. Nvidia recently posted its strongest earnings in its history, and Wall Street still wasn’t satisfied. The company reported fourth-quarter revenue of $68.1 billion, up 73% from the same period a year earlier, and beat analyst expectations across every major metric. Yet within hours of the results dropping, Nvidia’s stock fell 5.5% to $184.89, erasing roughly $260 billion in market value in a single session and marking the stock’s worst…

Facebook owner Meta has locked in one of the largest AI hardware commitments in the industry, signing a multibillion‑dollar deal with Advanced Micro Devices (AMD) to secure next‑generation AI chips for its data centers. The multi‑year agreement will see AMD supply up to 6-gigawatts of AI GPU capacity, positioning Meta to scale its AI infrastructure well beyond its current deployments. Estimated at $60 billion, the deal covers multiple generations of AMD chips, aligns both companies’ hardware and software development roadmaps, and includes a significant equity arrangement that could give Meta a roughly 10% stake in AMD over time. What the…

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…

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…