Tag: data centers
Oracle Plans Major Workforce Reductions Amid Data Center Expansion
Oracle will cut thousands of jobs as it invests heavily in new U.S. data centers to support AI infrastructure development.
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US Proposes Export Quotas on AI Chips Linked to Data Center Commitments
The US government plans to restrict AI chip exports by requiring foreign recipients to build data centers domestically or ensure secure use.
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Foxconn Reports 22% Revenue Increase Driven by AI and Nvidia Server Demand
Foxconn’s revenue rose by over 21% early in 2026, fueled by strong demand for Nvidia AI servers amid expanding artificial intelligence adoption.
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Meta Confirms Ongoing Development of Custom AI Accelerators
Meta will keep designing in-house AI processors to optimize its computing workloads alongside using third-party accelerators.
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AI Systems Begin Bulk Purchasing DDR5 Memory Modules for Infrastructure Expansion
Artificial intelligence is increasingly acquiring DDR5 memory modules autonomously to support its growing computational infrastructure.
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Global DRAM Sales Surge 29% Driven by AI-Fueled Data Center Expansion
DRAM sales jumped 29% last quarter amid rising prices and increased demand for AI and general-purpose data center servers.
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Nvidia Reports 73% Revenue Surge Driven by Server Segment Growth
Nvidia’s quarterly revenue jumps 73% to a record $68.1 billion, with significant gains tied to its expanding server business.
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Stargate AI Infrastructure Project Faces Delays Amid Disputes Between Key Partners
The $500 billion Stargate AI infrastructure initiative encounters setbacks due to disagreements between OpenAI, Oracle, and SoftBank.
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Meta Secures $100 Billion AMD Chip Supply Deal to Power AI Systems with 6 GW Capacity
Meta inks a massive deal with AMD for AI chips worth $100 billion, gaining up to 6 gigawatts of computing power and a potential stake in AMD.
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AI Expansion Spurs Demand for Superconductivity in Data Centers Despite Technical Challenges
Growing AI data centers face power shortages and copper cabling limits, prompting interest in superconductivity to cut energy loss in distribution systems.
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OpenAI’s Sam Altman Dismisses Elon Musk’s Vision of Space-Based Data Centers as Unrealistic
OpenAI CEO Sam Altman criticized Elon Musk’s concept of deploying data centers in space, calling the idea unrealistic at this stage.
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Cerebras’ Giant AI Chips Prove Practical but Don’t Replace Traditional Servers Yet
Cerebras’ massive AI chips, nearly the size of a full wafer, demonstrate real-world use but have yet to supplant conventional server CPUs.
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