ACS and BlackRock Form €2 Billion Data Center Venture
Spain’s ACS and BlackRock’s Global Infrastructure Partners have created a €2 billion joint venture to develop a 1.7GW data center portfolio as demand for AI and cloud infrastructure accelerates.
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Spain’s ACS and BlackRock’s Global Infrastructure Partners have created a €2 billion joint venture to develop a 1.7GW data center portfolio as demand for AI and cloud infrastructure accelerates.
AMD CEO Lisa Su dismissed fears of an AI spending bubble, saying Big Tech’s aggressive investments in computing infrastructure are essential to accelerating innovation and long-term growth.
GlobalFoundries beat Wall Street expectations for Q3 and issued upbeat guidance for Q4, citing strong demand from automakers and data center clients amid rising AI and EV chip needs.
Microsoft-backed startup Veir is adapting superconducting cables for data centers, offering systems that deliver megawatts of power in minimal space while reducing heat and energy loss.
AI startup Wonderful secured $100 million in Series A funding led by Index Ventures to expand its multilingual, enterprise-grade AI agent platform across new global markets.
AI hardware startup Tsavorite Scalable Intelligence received over $100 million in pre-orders for its Omni Processing Unit chips, designed to unify CPU, GPU, memory, and connectivity for scalable AI workloads.
Tesla CEO Elon Musk said the company will likely build its own massive chip manufacturing facility to meet rising AI demand — and suggested Intel could be a potential partner.
Google’s $32B acquisition of cloud security startup Wiz has cleared U.S. antitrust review, bringing the tech giant one step closer to completing its largest-ever deal.
Nvidia and Deutsche Telekom agreed to a €1 billion partnership to build an AI factory in Munich, aiming to increase Germany’s AI computing power by 50% using Blackwell-based systems.
Gcore has launched Everywhere AI, a platform enabling enterprises to deploy and manage AI workloads in just three clicks across cloud, hybrid, and on-prem environments.
OpenAI signed a $38 billion, multiyear agreement with Amazon to access cloud computing power, including Nvidia GPUs, to support ChatGPT and AI model training.
Microsoft will secure additional AI cloud compute from Australia’s IREN under a $9.7 billion agreement, leveraging Nvidia GPUs at a Texas data center.