Meta Secures 20-Year Nuclear Power Deals
Meta signed 20-year agreements to purchase nuclear power from three Vistra plants and develop small modular reactors with Oklo and TerraPower, aiming to meet growing AI-related electricity demand.
Meta signed 20-year agreements to purchase nuclear power from three Vistra plants and develop small modular reactors with Oklo and TerraPower, aiming to meet growing AI-related electricity demand.
Goldman Sachs and Newmark Group are raising capital to develop private power sites for AI data centers in Texas. The effort reflects growing Wall Street focus on AI-driven energy infrastructure.
U.S. senators Bernie Sanders and Katie Britt raised concerns about AI’s economic and social impact, calling for stronger oversight. Their remarks highlight growing bipartisan scrutiny of AI deployment.
Goodman Group and CPP Investments have formed a AUD 14 billion joint venture to develop large-scale data centers across major European markets. The partnership targets rising demand driven by cloud computing and AI workloads.
Alphabet announced plans to acquire Intersect for $4.75 billion, aiming to expand data center capacity and accelerate energy innovation. The acquisition includes in-development projects and Intersect’s technical team.
The House approved the SPEED Act to speed federal permits for AI infrastructure, tightening environmental review timelines as lawmakers debate energy, data centers, and competitiveness.
Microsoft will invest $17.5 billion over four years to expand AI and cloud infrastructure in India, supporting national AI platforms and workforce training initiatives.
The surge in AI and cloud computing is straining data center cooling systems, highlighted by an outage at CyrusOne affecting CME Group trading. Companies are exploring liquid cooling and water-efficient designs to manage heat.
Amazon employees demand ethical AI practices, warning that the company’s fast-paced AI rollout risks worker safety, democratic oversight, and environmental sustainability.
Elon Musk’s xAI plans an 88-acre solar farm next to its massive Memphis data center as the company faces backlash for operating unpermitted gas turbines linked to rising air pollution.
Meta is in talks to spend billions on Google’s TPUs for its data centers, a shift that would position Alphabet as a stronger competitor to Nvidia. The discussions include Meta potentially renting Google Cloud chips as early as next year.
OpenAI has partnered with Foxconn to co-design and prepare U.S. manufacturing for next-generation AI data center hardware, strengthening domestic supply chains and accelerating deployment of advanced compute systems.
SoftBank plans to invest up to $3 billion to convert an Ohio EV plant into a facility producing modular data center equipment for OpenAI’s expanding U.S. infrastructure.
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.
Oracle Cloud Infrastructure will deploy 50,000 AMD Instinct MI450 GPUs beginning in 2026, underscoring the growing competition to Nvidia in the global race for AI computing capacity.