Tag: data centers
Memory Costs to Command Nearly 30% of Data Center Capital Spending by 2026
Memory expenses are projected to rise to 30% of data center capital costs by 2026, a fourfold increase from 2023 levels, according to analysts.
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Oracle Plans Massive Staff Reductions to Fund New AI-Focused Data Centers
Oracle aims to cut thousands of jobs to redirect resources toward building advanced AI data centers, causing a notable dip in its stock price.
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Data Centers Driving AI Growth Create Noticeable Local Heat Islands, Study Finds
Research reveals that expanding AI data centers produce localized heat islands, raising temperatures by several degrees up to 10 km away.
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Microsoft Takes Over Massive Texas Data Center Project From OpenAI and Oracle
Microsoft has assumed control of a nearly 1 GW Texas data center project after OpenAI and Oracle abandoned construction plans.
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Widespread Equipment Failures Hit Older Data Centers in Russia
Aging infrastructure and supply chain issues are causing significant equipment failures in Russia’s decade-old data centers, affecting 20% of commercial facilities.
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Meta to Build Seven New Gas Power Plants in Louisiana to Support AI Data Center Demand
Meta will finance seven gas-fired power plants in Louisiana to meet the energy needs of its new AI data center without burdening local residents.
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Google’s TurboQuant AI Compression Intensifies Pressure on Memory Chip Stocks
Google’s new AI compression tech, TurboQuant, could slash memory needs for large language models, impacting memory chip makers’ market demand.
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OpenAI Scales Back Data Center Expansion Ahead of Planned IPO
OpenAI is moderating its data center development to reassure investors ahead of its anticipated IPO this year.
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Astronomers Raise Concerns Over Massive Orbital Satellite Projects
Astronomers warn that plans for thousands of satellites and orbital mirrors threaten the future of space observation.
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Alibaba Confirms Production of 500,000 AI Accelerators Despite Performance Lag Behind Nvidia
Alibaba’s semiconductor unit has produced nearly 500,000 AI chips but acknowledges they are slower than Nvidia’s counterparts.
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Amazon to Acquire Over One Million AI Chips from Nvidia by End of 2027
Amazon plans to purchase more than one million AI chips from Nvidia to enhance its cloud computing infrastructure by the end of 2027.
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Cambridge Study Reveals Bitcoin’s Resilience to Major Undersea Cable Failures but Exposure to Targeted Attacks
Bitcoin can withstand widespread undersea cable outages but remains vulnerable to focused attacks on key network domains, Cambridge research finds.
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