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Biden, Data center

Data center power demand will double over the next five years

Data centers are expected to continue growing at a breakneck pace, doubling their power demand by 2029, according to a new report from JLL. The industry’s

Reuters · 23h

Biden signs executive order to ensure power for AI data centers

President Joe Biden signed an executive order on Tuesday to provide federal support to address massive energy needs for fast-growing advanced artificial intelligence data centers, the White House said.

Politico · 15h

Biden’s bid to tie data centers to clean power

President Joe Biden signed an executive order today opening federal land to data centers, setting up a key test on energy policy for the next As I write this morni

Macquarie, Applied Digital and Data Center

Reuters · 22h

Australia's Macquarie to invest up to $5 bln in Applied Digital data centers

Australia's Macquarie on Tuesday agreed to take a 15% stake in Applied Digital's high-performance computing business and invest up to $5 billion in the company's artificial intelligence data centers amid booming AI demand.

MarketWatch · 1d

Applied Digital Shares Climb on $5B Data Center Investment From Macquarie

Applied Digital shares climbed Tuesday after the company confirmed that Macquarie Asset Management would invest up to $5 billion in the AI company's data centers. Shares were recently up 23% to $9.55 in premarket trading.

Barron's on MSN · 1d

Applied Digital Gets Help in Building AI Data Centers. Macquarie Joins Nvidia as Investor.

Shares of Applied Digital were trading sharply higher after the operator of artificial-intelligence data centers announced it would be receiving up to $5 billion from Macquarie Asset Management. Applied Digital stock gained 25% to $9.

Forbes1d

A Complete Newbie’s Primer On The Data Center Ecosystem

The first rule of data centers: Not all are created equal. When we’re talking about different types of data centers ...

3hon MSN

Chicago Construction Billionaire Deepens Bet on Data Centers

Clayco, a Chicago-based builder led by billionaire Bob Clark, is positioning itself to grab for more of the boom in data ...

Hosted on MSN22h

Joe Biden signs executive order to speed AI data center construction

President Biden issued an executive order today aimed at speeding the development of AI data centers in the US. It ...

Donald Trump wants to build more data centers in Texas. Can state's power grid handle it?

President-elect Donald Trump announced last week that Dubai developer DAMAC Properties will invest at least $20 billion “over ...

E&E4h

Virginia bills aim to address data centers’ wild growth

The energy-intensive buildings have spread rapidly in northern Virginia, driving up electricity demand and cost.

23hon MSN

Biden opens federal land for AI data centers, sets rules for developers

President Biden issued a new executive order Thursday aimed at speeding the construction of artificial intelligence data ...

Bisnow1d

KKR, Pension Fund Acquire $2.8B Stake In Utility Giant To Fuel Data Center Push

KKR and Canada’s Public Sector Pension Investment Board are acquiring a 19.9% stake in a trio of power transmission companies ...

18h

Work set to begin on sprawling data center campus

PowerHouse Data Centers is expected to soon begin work on its 122-acre development in Charlotte. The data center owner and ...

17hon MSN

After ‘historic’ investment in chips and data centers, can Malaysia maintain its optimism in the age of Trump 2.0?

Malaysia is on a roll. The Southeast Asian country, mired in corruption scandals and political instability for much of the ...

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Biden, Data center

Macquarie, Applied Digital and Data Center

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