BIG TECH DATA CENTERS MAINE
Morgan Stanley sees agentic AI widening chip spending beyond graphics processors to CPUs
Morgan Stanley predicts that as AI evolves towards autonomous action, demand will shift towards CPUs and memory, reshaping data center buildouts. This transition is expected to drive significant growth in the data center CPU market, expanding AI investment beyond GPUs to a wider range of chipmakers and memory suppliers.
AGP’s Zerra DC bags Rs 1,200 crore loan for second Navi Mumbai data centre project
Zerra DC, the data center division of AGP, has recently clinched funding worth Rs. 1,200 crore from Tata Capital. This investment will be directed towards the construction of a cutting-edge 200 megawatt data center located in Navi Mumbai. Currently, there are ongoing negotiations to finalize partnerships with cloud hosting providers, further enhancing the project's scope.
Trump wants to stop states from regulating AI. This Utah Republican isn't listening
States are grappling with artificial intelligence regulation as the federal government resists. Lawmakers are proposing new rules for AI, focusing on child safety and disclosure of risks. Despite federal opposition, over a thousand AI-related bills are being considered across the country. Tech industry lobbyists are actively opposing these measures.
China humanoid robot half-marathon to showcase technical leaps
More than 300 humanoid robots participating in China's second robot half-marathon on Sunday will be facing tougher terrain designed to test their technical advancements, as Beijing seeks to develop the industry into a major pillar of its economy.
EU denies bowing to tech lobby on data centre green impact
The European Commission denies allegations of copying industry lobbyists' proposals for data centre environmental impact rules. A probe suggests tech giants like Microsoft, Amazon, Google, and Meta influenced a decision to keep individual data centre information secret. The Commission admits using stakeholder advice but insists the core intention of respecting business secrets remains. Aggregated national data is now publicly available.
Why Harrison Ford gets double the average Social Security, and what you are missing
Harrison Ford’s Social Security shows how people can get higher monthly income after retirement. Many people get less because they claim early or have lower earnings. Waiting longer and planning properly can increase benefits. Small decisions like timing and work history matter a lot. Understanding how the system works can help people get more money in the future.
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OpenAI to spend more than $20 billion on Cerebras chips, receive equity stake: The Information
OpenAI has reportedly agreed to a significant deal with chip startup Cerebras, potentially worth over $20 billion across three years. This agreement, which could include an equity stake for OpenAI, aims to secure substantial computing power for AI model inference and development. Cerebras could disclose parts of its previously undisclosed arrangement with OpenAI as soon as Friday, the report said.
Airflow products maker Madison Air valued at $15.7 billion as shares rise on NYSE debut
Madison Air Solutions debuted on Thursday with an 18.5% stock surge, reaching a $15.65 billion valuation. The HVAC firm's successful IPO, the largest in the U.S. this year, highlights strong investor interest in AI-driven data center growth. The company, which provides air quality solutions for various sectors including data centers, raised $2.23 billion in its offering.
Unstoppable surge: AMD hits all-time high in best run in nearly two decades - what's fueling the drive?
AMD stock is rising very fast and hitting new highs after many days of gains. Strong demand for AI chips and servers is helping the company grow. A big deal with Meta is also boosting future hopes. Many analysts are positive, but some say the stock price is already high. Investors are now waiting for upcoming earnings results.
Is Rs 70 LPA salary common for Bengaluru techies? Entrepreneur gives a breakdown of real salaries, ‘80% of engineers earn….’
A startup founder debunked the notion of ₹70 lakh salaries being routine in Bengaluru's tech sector, highlighting that such high pay is concentrated in the top 5% of elite firms. The majority of engineers, around 60-70%, work in IT service companies with salaries between ₹3-20 lakh, with the overall average estimated at ₹18-20 lakh annually.
Musk's staff reaches out to suppliers for Terafab project: Report
Elon Musk's staff have reached out to chip industry suppliers including Applied Materials, Tokyo Electron and Lam Research for his Terafab AI chip complex project with SpaceX and Tesla.
Maine may become first US state to pause new data centres
Maine is poised to become the first US state to pause new data centre construction. Lawmakers approved a bill that requires a moratorium on large power-hungry facilities. This move comes amid growing concerns nationwide about their impact on energy bills and the environment. The bill now awaits the Governor's final approval.
Anthropic, Cursor backer Accel raises $5 billion for big AI bets
Venture capital firm Accel has raised $5 billion in new funds, with $4 billion dedicated to its fifth Leaders fund for late-stage AI startups. An additional $650 million will go to a sidecar fund for increased exposure to major investments.
NAACP sues Musk's xAI, alleging illegal operation of gas turbines
The NAACP has sued xAI and its subsidiary MZX Tech, alleging they illegally operated gas turbines to power a data centre in Mississippi without necessary air permits. The civil rights group claims this poses a health risk to local residents by emitting pollutants and known carcinogens, violating the Clean Air Act.
Maine to become first US state to bar major data centers
Legislators in Maine on Tuesday endorsed a moratorium on building large data centers, becoming the first US state to try and rein in rampant construction driven by the AI race. Data center construction spending in the United States has surged in recent years, with tech firms pouring tens of billions of dollars into building out infrastructure amid the race to lead in AI. The Maine law would prohibit local authorities from issuing permits for data centers with electrical capacity exceeding 20 megawatts.
Microsoft takes over Stargate data center from OpenAI in Norway
Microsoft will rent 30,000 additional Nvidia Vera Rubin chips from neocloud provider Nscale at a campus inside the arctic circle in Narvik, Norway, Nscale said in a statement. This builds on a prior $6.2 billion commitment Microsoft made at the same site.
Oracle stock surges 5% - what's driving the bullish sentiment? Key points for investors
Oracle stock is rising fast because of its strong push into AI and cloud business. New AI tools, big data center plans, and support from major companies are boosting investor confidence. The company is growing well, but high debt and big spending remain risks. Traders are watching closely as the stock shows strong upward momentum in the market.
Oracle shares gain 4%, extend rally after AI-driven power deal with Bloom Energy
Oracle shares extended gains after a major energy deal with Bloom Energy to secure 2.8 GW of fuel cell capacity for AI-driven data centres. The partnership highlights rising power demands from AI infrastructure and strengthens Oracle’s cloud expansion strategy.
ET Graphics: Hiring slows as money flows to build AI infra
Tech companies are reallocating billions towards data centers and compute power, prioritizing AI infrastructure over personnel. This strategic shift is already leading to job cuts and a slowdown in hiring, with analysts predicting a similar trend across Indian IT services and SaaS firms as AI investments take precedence.
Answered one call? You could get $625 from $9.95 million settlement — check if you qualify now
$625 settlement payout: If you received an unexpected call about a Norton or LifeLock account, you could be eligible for a payout from a $9.95 million settlement. The case focuses on unsolicited calls made to non-customers. Eligible claimants may receive up to $625, with a deadline to apply set for April 13, 2026.
Gulf storm: India should be evaluated as a strategic locational hedge for co-sharing GCC data centre infra
Recent attacks on cloud data centers in West Asia highlight a new geopolitical risk. Hyperscale providers are now reassessing their global infrastructure. India offers a secure and stable environment for data center expansion. Its robust policies and existing ties with the Gulf region make it a natural strategic partner.
OpenAI to open first permanent London office in 2027
OpenAI is establishing its first permanent office in London. This expansion aims to meet growing demand and build the company's largest research hub outside the United States. The new office, set to open in 2027, will accommodate 544 team members. This move comes despite OpenAI pausing a data center project in Britain due to regulatory and energy cost concerns.
Big Tech puts financial heft behind next-gen nuclear power as AI demand surges
Big Tech companies are injecting funds into new nuclear technologies. This is to power energy-hungry AI data centers. Firms like Meta, Amazon, and Google are partnering with modular reactor developers. These deals offer funding and revenue certainty. This boosts the advanced nuclear sector. It faces challenges but sees growing interest from investors and banks.
How the AI boom derailed clean‑air efforts in one of America's most polluted cities
America's push for cleaner air faces a new challenge. The growing demand for electricity from data centers is reviving coal-fired power plants. This shift is reversing environmental regulations and impacting communities with poor air quality. Activists are concerned about the long-term health effects. The future of clean air hangs in the balance as energy needs surge.
US considers new crackdown on Chinese telecom companies, FCC says
America's Federal Communications Commission is considering a significant move. Three major Chinese telecom firms, China Mobile, China Telecom, and China Unicom, might be prohibited from running data centers within the United States. The FCC also plans to stop other carriers from connecting with these companies. This action stems from national security concerns.
US stocks today: US stocks slip as ceasefire doubts, inflation keep investors cautious
Indian markets saw a slight dip on Thursday. Concerns over a Middle East ceasefire and inflation data influenced trading. Investors are closely watching upcoming inflation numbers. Oil prices saw a rebound. Tech stocks faced pressure, while some consumer discretionary stocks gained. Market participants are adjusting interest rate cut expectations.
From OpenAI to Nvidia, tech firms channel billions into AI infrastructure as demand booms
Tech giants are making massive investments in artificial intelligence. CoreWeave and Meta have expanded their cloud capacity agreement to $21 billion. OpenAI is securing significant funding and partnerships with Amazon, Disney, Broadcom, AMD, Nvidia, and Oracle. Meta is also forging deals with AMD, Manus, CoreWeave, Oracle, and Google. Nvidia is investing heavily in Anthropic and acquiring Groq's assets.
TikTok to build a second billion-euro data centre in Finland
TikTok plans to invest 1 billion euros ($1.16 billion) to build a second data centre in Finland in less than a year as it moves data storage for European users to the continent, company officials said on Wednesday.
Investors press Amazon, Microsoft and Google on water, power use in US data centres
Big tech companies Amazon, Microsoft, and Google are facing pressure from investors. Shareholders want more details on water usage and conservation for new data centers. These facilities require significant water, and companies are being asked to provide clearer data. This comes as some data centre construction projects have been halted due to community opposition. Investors seek transparency on environmental impact.
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