AMD forecasts fourth-quarter revenue above estimates on strong AI chip demand
By Arsheeya Bajwa and Max A. Cherney (Reuters) -Advanced Micro Devices forecast fourth-quarter revenue above market estimates on…
AI mania tanks CoreWeave’s Core Scientific acquisition — it buys Python notebook Marimo
Core Scientific shareholders on Thursday voted down an all-stock acquisition offer from partner and competitor CoreWeave that was…
Qualcomm stock jumps after unveiling new AI chips to challenge Nvidia
Investing.com — Qualcomm (NASDAQ:QCOM) stock surged 12% Monday after the chipmaker unveiled two new inference-optimized chips designed for…
Trump Administration Moves to Accelerate AI Power Hookups
Fiber optic data cables. Photographer: Andrey Rudakov/Bloomberg (Bloomberg) — The Trump administration is pushing regulators to dramatically accelerate…
Your AI tools run on fracked gas and bulldozed Texas land
The AI era is giving fracking a second act, a surprising twist for an industry that, even during…
Meta, Blue Owl Seal $30 Billion Private Capital Deal for AI
(Bloomberg) — Mark Zuckerberg’s Meta Platforms Inc. is set to seal an almost $30 billion financing package for…
Meta Building New Gigawatt-Sized Data Center in Texas
Meta Platforms Inc. signage in Menlo Park, California. (Bloomberg) — Meta Platforms Inc. is building a new gigawatt-sized…
Applied Digital shares rally after upbeat quarterly revenue on AI demand
(Reuters) -Applied Digital’s (APLD) shares surged 26% on Friday after the data center service provider topped analysts’ estimates…
Data center on 431 acres in southeast Fort Worth moving forward amid environmental concerns
An energy giant is set to break ground for a data center project across about 430 acres in…
‘We’re just not ready to handle [this]’
Rapidly rising electricity costs have been in the news consistently lately, and Inside Climate News recently examined increases…