Microsoft scraps some data center leases as Apple, Alibaba double down on AI
Microsoft’s lease cancellations were detailed on Friday in a note from TD Cowen analysts. According to Bloomberg, the investment bank believes that Microsoft has voided contracts for data centers with about 200 megawatts in combined capacity. One megawatt corresponds to the electricity usage of several hundred households.
The artificial intelligence boom has brought an explosion in demand for electricity-hungry data centers. The Department of ...
Artificial intelligence (AI) has emerged as one of the most transformative forces in modern technology, with generative AI ...
North Carolina is part of Apple’s $500 billion U.S. expansion plans. Apple will expand facilities in nine states over the ...
The data center backtrack is the latest sign of shakiness from a major tech company after China’s DeepSeek spooked the ...
TK Chiang, CEO of CLP Group, discusses the utility company's commitment to renewable energy in China and Hong Kong, and the ...
Big Tech’s growing use of data centers has created related public health costs valued at more than $5.4 billion over the past ...
It's not merely data center operators that are held in the ETF. Investors also gain exposure to leading semiconductor stocks ...
Generative artificial intelligence is causing the demand for data centers to explode, bringing with it a host of operational and energy challenges. Proptech firms are trying to come up with ...
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