Tag - data-centers

 
 

DATA CENTERS

Kipp Deveer, CEO of alternative asset management giant Ares Capital, has stressed the importance of being selective and measured when choosing data center investments.
BUSINESS / Economy
Oct 8, 2025
Data center boom at risk of overbuilding, says asset management giant Ares
Investments have poured into data center projects as a way to cash in on booming demand for processing power unleashed by the advent of artificial intelligence.
An underwater data center being developed by Chinese maritime technology company Highlander is seen under construction at a shipyard in Nantong, in China's eastern Jingsu province.
BUSINESS / Tech
Oct 4, 2025
China trials 'energy-saving' underwater data centers
One Chinese company is planning to submerge a pod of servers in the sea off Shanghai with hopes of solving computing's energy woes.
Amazon founder Jeff Bezos speaks at the main panel of Italian Tech Week 2025 in Turin, Italy, on Friday.
BUSINESS / Tech
Oct 4, 2025
Data centers in space? Jeff Bezos says it's possible
The Amazon founder predicted that gigawatt-scale data centers will be built in space within the next 10 to 20 years.
AI chip giant Nvidia announced last week that it would invest $100 billion to help OpenAI, the front-runner in generative AI, build data centers.
BUSINESS / Tech
Oct 3, 2025
Boom or bubble: How long can the AI investment craze last?
AI-related spending is soaring worldwide, expected to reach approximately $1.5 trillion by 2025, research has shown.
Officials in South Korea have not given a timetable for the full restoration of disrupted services caused by a fire that broke out during routine maintenance in a server room at the state-run National Information Resources Service in Daejeon on Friday.
ASIA PACIFIC
Sep 29, 2025
South Korea scrambles to restore digital services after server fire
Authorities said 62 government services had been restored of about 647 systems affected after a fire broke out at the state-run National Information Resources Service on Friday.
KKR Co-CEO Joe Bae says that if Japan doesn’t invest in areas such as automation, robotics and artificial intelligence, "the aging population and decline will become a bigger and bigger challenge for its success as a nation.”
BUSINESS / Companies
Sep 26, 2025
KKR chiefs bet aging Japan will fuel AI and technology investment
Japan has become a key growth area for New York-based KKR.
Nvidia's $100 billion investment is meant to help OpenAI build data centers with a capacity of at least 10 gigawatts of power — equipped with Nvidia’s advanced chips to train and deploy AI models.
BUSINESS / Tech
Sep 23, 2025
Nvidia and OpenAI make $100 billion deal to build data centers
The investment is meant to help OpenAI build data centers with a capacity of at least 10 gigawatts of power — equipped with Nvidia’s advanced chips to train and deploy AI models.
Workers at a site of a new Amazon data center that is under construction in western Sydney, Australia, on Sept. 5
BUSINESS / Tech
Sep 16, 2025
In Australia, a data center boom is built on vague water plans
Concerns have emerged that the sector's rapid growth will leave residents competing for the resource.
SoftBank is scouting a number of potential data center sites to serve as a flagship for Stargate, weighing their access to water, power and telecom networks.
BUSINESS
Aug 18, 2025
Foxconn to operate SoftBank’s Stargate AI server site in Ohio
SoftBank will supply manufacturing gear to the factory, and a joint venture between the two companies will make AI data center-related equipment.
A new Facebook data center is under construction in Eagle Mountain, Utah, in May 2019. Manufacturers and builders are reaping windfalls from the AI-driven data center surge.
COMMENTARY / World
Aug 18, 2025
The AI building boom is bound to bust
For now, the boom has room to run. The introduction of artificial intelligence into the workplace and society will match the rollout of electricity and the internet.
Meta CEO Mark Zuckerberg has been frustrated by the quality of his company's past AI efforts, so has been investing heavily in the energy, computing power and talent needed to compete in the fast-moving AI race.
BUSINESS / Tech
Jul 15, 2025
Meta to spend billions building gigawatt-size data centers for AI
Frustrated by the quality of Meta’s past AI efforts, CEO Mark Zuckerberg has been investing heavily in energy, computing power and talent to compete in the fast-moving AI race.
This digital visualization shows the small modular nuclear reactor being developed by Rolls-Royce SMR, which is set to be the first in the U.K. A widely cited IEA report says global data center electricity demand will more than double by 2030 to 945 TWh — more than Japan’s current total usage.
COMMENTARY / World
Jul 1, 2025
Data centers and small reactors could change Asia’s nuclear dynamic
An estimated 402.74 million terabytes of data are created each day and storing and processing all that information creates virtual volcanoes.
Prime Minister Shigeru Ishiba receives a gift from Nvidia CEO Jensen Huang at the start of their meeting at the Prime Minister's Office in Tokyo on Monday.
BUSINESS / Tech
Apr 22, 2025
Nvidia CEO urges LDP to build up Japan’s AI infrastructure
Japan has pledged to increase government and corporate funding in AI to over ¥50 trillion ($350 billion) in the next 10 years.
Nvidia CEO Jensen Huang answers questions from reporters after his meeting with Prime Minister Shigeru Ishiba at the prime minister's official residence in Tokyo on Monday.
BUSINESS
Apr 21, 2025
Nvidia CEO lobbies Japan to generate more power to fuel AI
The two discussed how Japan is particularly well-positioned to develop AI, given its leadership in robotics and industrial manufacturing.
Microsoft is set to use energy from new reactors at the Three Mile Island nuclear power plant in Middletown, Pennsylvania.
ENVIRONMENT
Apr 10, 2025
AI surge to double data center electricity demand by 2030, report says
AI can also unlock opportunities to produce and consume electricity more efficiently, the International Energy Agency said in its first report on the technology's implications.
Former Thai Prime Minister Thaksin Shinawatra in Bangkok in August 2023. Thaksin has vowed cheaper power in Thailand to allow the country to emerge as a data center hub.
ASIA PACIFIC / Politics
Mar 15, 2025
Thaksin vows cheaper power to turn Thailand into data center hub
Thailand aims to slash electricity costs by more than 25% by next year to emerge as a hub for data centers and artificial intelligence infrastructure.
A sign featuring the logo of Germany's Federal Ministry For Economic Affairs And Climate Action, at the construction site of the Northvolt Drei EV battery gigafactory in Heide, Germany, on Oct. 15, 2024
BUSINESS / Tech
Mar 12, 2025
If Europe builds the gigafactories, will an AI industry come?
The hope is that local firms like France's Mistral will use the factories to create AI models that operate in line with EU safety rules.
Construction for a new Microsoft data center in East Wenatchee, Washington, in November 2024.
BUSINESS / Tech
Feb 10, 2025
What DeepSeek? Big Tech keeps its AI building boom alive.
After DeepSeek’s breakthrough rattled markets, U.S. tech giants doubled down on massive data center investments to stay ahead in AI.
Sam Altman, chief executive of OpenAI, speaks at a White House event with President Donald Trump, left; Softbank chief executive Masayoshi Son, third from left; and Larry Ellison, chairman of Oracle, at the White House on Jan. 21.
BUSINESS / Tech
Feb 9, 2025
How Sam Altman sidestepped Elon Musk to win over Donald Trump
After helping President Trump get elected, Elon Musk was poised to dominate the nation’s AI policies. But someone got there before him.
Panasonic will restructure low-growth businesses and make changes to its employment structure, according to a recently released statement.
BUSINESS / Companies
Feb 5, 2025
Panasonic shares jump most in 11 years on restructuring plans
The Osaka-based company will restructure low-growth businesses and make changes to its employment structure.

Longform

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