Amazon is doubling down on Indiana with a massive $15 billion data center investment focused on AI infrastructure. The company aims to add 2.4GW of capacity across multiple sites, building on last year’s $11 billion commitment. This expansion highlights the incredible power demands of modern AI syst
The recent Snowflake data breach revealed how cloud security has fundamentally changed. Attackers bypassed traditional defenses using compromised credentials, accessing data from major companies like Ticketmaster. This signals a major shift in how organizations need to approach cloud protection.
According to a New York Times investigation, Kyle and Brandon Lutnick are banking millions in fees through Cantor Fitzgerald while their father, Commerce Secretary Howard Lutnick, promotes AI infrastructure policies. The arrangement has raised concerns among Commerce Department staff about potential
Indian IT giant TCS has secured $1 billion from private equity firm TPG for a massive AI data center project. The HyperVault initiative comes as global tech companies pour billions into India’s infrastructure to close the compute gap. But water scarcity and power constraints could complicate the rap
Data center developer Cloverleaf is targeting a 200-acre former golf course in Frenchtown Township, Michigan for a new campus. The proposal has sparked significant local opposition, with residents speaking out at community meetings and hundreds signing petitions against the development.
CoreWeave went from crypto mining to becoming AI’s hottest infrastructure play, but its financials reveal a house of cards. With 71% of revenue from Microsoft and massive GPU-backed loans, this could be the bubble’s first major pop. The company’s biggest customers are building competing data centers
Google is making its largest US state investment ever with a $40 billion commitment to Texas data centers. The tech giant will build three new facilities in Armstrong and Haskell counties by 2027. This massive infrastructure push comes as competition heats up for AI computing resources across the co
European IT spending is projected to grow 11% to reach $1.4 trillion next year, driven by massive investments in AI and a push toward sovereign cloud solutions. Geopolitical uncertainty is causing 61% of tech leaders to favor local cloud providers over global alternatives.
Google just locked in a 15-year power purchase agreement with TotalEnergies for solar energy from Ohio’s Montpelier farm. The deal will supply 1.5TWh to Google’s growing data center operations in the state. This comes right after Google announced a $2.3 billion expansion in Central Ohio.
The AI boom is about to become the biggest capital markets event in decades. JPMorgan analysts project $5-7 trillion in infrastructure spending, with data centers consuming unprecedented power and requiring funding from every corner of finance.
