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Blackstone defends $80bn data centre investment
Blackstone holds firm on data center investments despite DeepSeek turmoil
Blackstone said on Thursday its massive investments in data centers would not be undermined by the low-cost artificial intelligence models from China's DeepSeek, as the need for physical infrastructure was still vital for AI.
Blackstone Still Bullish on A.I. Data Centers Despite DeepSeek
Blackstone, a major global investor in data centers that run A.I. systems, expects use of the technology to rise as the cost of computing power falls.
Blackstone defends $80bn data centre investment as DeepSeek shakes market
Rising rents for data centres, amid breakneck spending by tech giants, have buoyed earnings for the alternative asset manager, which is building infrastructure for Big Tech groups such as Amazon, Microsoft and Alphabet.
8h
on MSN
Meta turns to solar — again — in its data center-building boom
The announcement comes as Meta CEO Mark Zuckerberg maintains the company’s ambitious AI strategy, which will require hefty ...
10h
Exxon Mobil CEO says natural gas can meet surging data center demand on a faster timeline than nuclear power
Exxon Mobil is building a natural gas power plant and implementing carbon capture technology to power AI data centers.
therookiewire.usatoday
19h
New Meta data center in Mesa makes sustainability pledges amid critics' doubts
Meta unveils a data center in Mesa with pledges of sustainability at a time when critics are raising louder concerns about ...
1d
on MSN
Data center operator DataBank nets $250M equity investment
Data center operator DataBank has raised $250 million in an equity investment and an additional $600 million in a secondary ...
Construction Dive
3d
Multibillion-dollar data center projects to watch
In addition to Oracle and OpenAI's Stargate initiative, Amazon, Meta, Google and other tech giants are building facilities ...
13h
OpenAI's $100 Billion Texas Stargate Data Center Will Reportedly Employ Just 57 People With $57,600 Annual Salaries
OpenAI is making big moves with its $100 billion Stargate project. Still, despite its massive price tag, the first data center planned for Abilene, Texas, is raising eyebrows about how few people it ...
CRN
1d
AWS, Meta, Microsoft, Nvidia And Oracle: Five Data Center Deals Worth $676B Announced This Month
Data center technology spending skyrocketed 34 percent in 2024, according to Synergy Research Group. It is soaring past a ...
14h
on MSN
Georgia lawmakers introduce legislation to remove data center power costs from residential bills
A group of state lawmakers introduced new legislation to ensure Georgia Power residential customers aren’t on the hook for ...
Finance & Commerce
6h
Q&A: Oppidan’s Johnson on data center development
When Excelsior-based Oppidan Investment Co. began working in the data center sector about nine years ago, the company’s ...
21h
60% cut in data center’s cooling energy consumption with ‘ionic wind’ tech
A Swiss startup called Ionic Wind Technologies has created a new technology to cool down machines that use a lot of power.
1d
on MSN
$200 million AI data center coming to Wisconsin Rapids
A multi-million dollar AI data center will be built in Wisconsin Rapids. Digital Power Optimization, Inc. announced last week ...
3d
The Current And Future Path To AI Inference Data Center Optimization
While training has been the focus, inference is where AI's value is realized. Training clusters need large amounts of power.
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DeepSeek
Artificial intelligence
AI
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