Data Center

According to a Bloomberg 9 report, U.S. companies are investing heavily in data centers in an effort to get a head start in the AI space. According to the latest U.S. Census Bureau data, construction spending on private data centers in the U.S. has skyrocketed to nearly $30 billion a year (currently about Rs. 215.332 billion), more than double what it will be by the end of 2022, when OpenAI launches ChatGPT. Today, U.S. companies are spending more of their construction budgets on data centers than in categories that still accounted for much of last year's capital, such as hotels, retail and leisure facilities. Bloomberg cites money management...

The Financial Times published a blog post yesterday (Nov. 4) reporting that Meta had planned to build nuclear-powered AI data centers in the U.S., but the project hit a roadblock due to the discovery of rare bees. Note: Meta's goal is to utilize nuclear energy to support its growing AI computing needs. Nuclear energy is considered a low-carbon and efficient energy option for large-scale data processing needs. Sources say Mark Zuckerberg's Meta plans to strike deals with a number of nuclear power providers, though the proposed data center pick...

The British Prime Minister's Office announced on the 25th of this month that the U.S. private equity firm Blackstone Group plans to invest 10 billion pounds (currently about 93.653 billion yuan) to build one of Europe's largest AI data centers in the Blaise area of Northumberland (the capital city of Newcastle upon Tyne), starting from next year. The UK already has the largest number of data centers in Western Europe, and Blackstone's new project will further enrich the UK's AI computing resources, support the research and application of AI by local enterprises, academic institutions and the UK branches of multinational corporations, and promote the use of AI in the...

Microsoft and OpenAI are reportedly planning a groundbreaking data center project that will include an AI supercomputer called Stargate. The goal is to reduce the companies’ reliance on Nvidia, something many tech giants involved in AI are increasingly trying to do, according to Anissa Gardizy and Amir Efrati of The Information. Microsoft will reportedly invest more than $100 billion in the project and has reportedly set a 20-year…

Microsoft and OpenAI are reportedly planning a groundbreaking data center project that will include an AI supercomputer called Stargate. The goal is to reduce the companies’ reliance on Nvidia, something many tech giants involved in AI are increasingly trying to do, according to Anissa Gardizy and Amir Efrati of The Information. Microsoft will reportedly invest more than $100 billion in the project and has reportedly set a 20-year…