The announcement comes as Meta CEO Mark Zuckerberg maintains the company’s ambitious AI strategy, which will require hefty capital investments in data centers.

Exxon Mobil is building a natural gas power plant and implementing carbon capture technology to power AI data centers.

Meta unveils a data center in Mesa with pledges of sustainability at a time when critics are raising louder concerns about electricity consumption.

Data center operator DataBank has raised $250 million in an equity investment and an additional $600 million in a secondary share sale.

In addition to Oracle and OpenAI's Stargate initiative, Amazon, Meta, Google and other tech giants are building facilities across the country this year.

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 will employ once it's up and running.

When Excelsior-based Oppidan Investment Co. began working in the data center sector about nine years ago, the company’s initial project met with some skepticism.

A report last month said its 18A process, which was supposed to be a "turning point" for Intel Foundry, is only achieving 10% yield rates, which industry site wccftech says makes "it impossible for the semiconductor to reach mass-production stages."

A group of state lawmakers introduced new legislation to ensure Georgia Power residential customers aren’t on the hook for the cost of data center operations.

A Swiss startup called Ionic Wind Technologies has created a new technology to cool down machines that use a lot of power.

Trane Technologies plc (NYSE: NYSE:TT), a global leader in climate control solutions for buildings, homes, and transportation, has been navigating a complex market landscape characterized by strong demand in certain sectors and challenges in others.