Looking for a quick fix for their fast-growing electricity diets, tech giants are increasingly looking to strike deals that would let them plug directly into power plants.

As Blackstone's acquisition of Potomac Energy Center has shown, significant "data-centric" power deals abound to begin the ...

The rise of artificial intelligence, the digitization of the economy and everyday life’s growing computing needs have ...

Korean companies with advanced technology are accelerating their U.S. growth through production facility investments and ...

SINGAPORE, Jan 6 (Reuters) - Singapore-headquartered data centre company Digital Edge said on Monday it had raised over $1.6 billion in new capital via a combination of equity and debt financing ...

Microsoft will invest in data centres to develop AI models this year The company has already spent billions to expand its AI infrastructure More than half of Microsoft's $80 billion investment will be ...

plans that range to the tune of $80Bn in fiscal 2025 to construct data centers that are capable of supporting AI workloads. This planned investment represents one of the largest single-year invest ...

Charlie Perez / NurPhoto / Getty Images Microsoft is slated to spend $80 billion on data centers needed to train and run artificial intelligence by the end of the fiscal year, president Brad Smith ...

Microsoft Corp. MSFT announced plans to allocate approximately $80 billion in fiscal 2025 towards the development of data centers aimed at training artificial intelligence (AI) models and ...

Microsoft has earmarked $80 billion in fiscal 2025 to build data centers designed to handle artificial intelligence workloads, according to a company blog post. Specifically, the tech giant plans ...