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Datacenters

All articles tagged with #datacenters

AI-fueled Demand Lifts Marvell as MRVL Surges on Strong Earnings
business1 month ago

AI-fueled Demand Lifts Marvell as MRVL Surges on Strong Earnings

Marvell Technology beat estimates with EPS of $0.80 on $2.22 billion in revenue, led by AI-driven data-center demand (data center revenue $1.65B). The company posted a record fiscal 2026 revenue of $8.195 billion, up 42% year over year, and guided Q1 2026 to about $0.79 per share on roughly $2.40 billion in revenue. With hyperscalers like Amazon and Meta fueling AI workloads, management expects robust demand through 2026. The stock jumped ~10%, and analysts’ consensus remains Strong Buy with a target near $118, implying meaningful upside.

via TipRanks|
#ai#business#datacenters
Big Tech pledges to finance new power for datacenters to shield households from rising bills
technology1 month ago

Big Tech pledges to finance new power for datacenters to shield households from rising bills

Google, Microsoft, Meta, Amazon and other AI-focused firms joined the White House's Ratepayer Protection Pledge, promising to fund new electricity generation or capacity upgrades for their datacenters and to secure favorable utility rate arrangements, in an effort to prevent data centers from driving up consumer electricity costs. Experts warn the pledge could be more symbolic than effective if new generation can't be brought online quickly, as policymakers weigh energy affordability ahead of the midterm elections.

via The Guardian|
#bigtech#datacenters#electricity
OpenAI raises $110B funding round to accelerate frontier AI
technology1 month ago

OpenAI raises $110B funding round to accelerate frontier AI

OpenAI unveils a $110 billion funding round valuing it at about $840 billion, with major backing from Nvidia, SoftBank and Amazon, signaling a rapid push to scale frontier AI ahead of a likely mega-IPO; the deal expands datacenter capacity and reinforces cloud partnerships (AWS for Frontier, Azure for APIs) while Nvidia’s earlier commitment timing remains unclear, highlighting the AI infrastructure race amid energy and job-disruption concerns.

via The Guardian|
#ai-funding#amazon#datacenters
Altman argues AI's energy use mirrors human learning, urges rapid move to renewables
technology1 month ago

Altman argues AI's energy use mirrors human learning, urges rapid move to renewables

OpenAI CEO Sam Altman defended AI’s power usage by comparing it to the energy needed to raise a human, while urging a swift switch to nuclear and renewable power. The discussion comes amid rising concerns over datacenter electricity and water use, with IEA data showing growing datacenter energy demand and critics warning of climate and water security risks as datacenter expansion continues. Altman's remarks drew online backlash from skeptics who questioned the net societal benefits of the technology.

via The Guardian|
#ai#datacenters#energy
AI’s rapid march prompts caution and oversight, says Altman
technology1 month ago

AI’s rapid march prompts caution and oversight, says Altman

OpenAI CEO Sam Altman warned in New Delhi that artificial general intelligence could arrive sooner than many expect and that the world is not prepared. He says progress is accelerating, with OpenAI aiming to build an intern-level AI research tool by September 2026 and a fully automated AI researcher by March 2028. A quicker pace could boost demand for data centers, chips, and cloud tools from companies like Nvidia, Microsoft, and Alphabet, while also flagging potential job losses and calling for global oversight to prevent over-centralization of AI technology.

via TipRanks|
#agi#ai#datacenters
Datacenters as a Bipartisan Frustration, Yet Policy Stalls
us-politics2 months ago

Datacenters as a Bipartisan Frustration, Yet Policy Stalls

Datacenters have become a rare cross‑partisan flashpoint in the US, provoking broad local opposition while federal and state lawmakers struggle to counter industry-backed subsidies; Michigan’s stalled repeal of tax credits contrasts with ongoing, low-job, high-cost projects and a web of influence from tech, fossil fuels, and unions, illustrating how money and inertia impede decisive policy.

via The Guardian|
#bigtech#datacenters#energy
The Environmental and Energy Impact of the Growing Data Center Boom
environment5 months ago

The Environmental and Energy Impact of the Growing Data Center Boom

The rapid expansion of datacenters in the US to support AI growth is raising environmental concerns, including increased energy consumption, water use, and reliance on fossil fuels, which could significantly impact the climate and lead to higher electricity bills for households. The trend also has political implications, with debates over energy sources and regulation.

via The Guardian|
#ai#climate-impact#datacenters
The Growing Power Demands of Data Centers and AI Technologies
energy6 months ago

The Growing Power Demands of Data Centers and AI Technologies

The article explores whether the current surge in datacenter investment driven by AI is a bubble, drawing parallels to historical infrastructure booms like railroads and fiber optics. It discusses potential outcomes, including the possibility of unused infrastructure ('dark datacenters') if AI demand falters, and highlights the potential for these investments to lead to new power generation capacity, especially in renewable energy. The piece emphasizes that while some infrastructure may become obsolete, the investments could still benefit the energy sector, particularly if they spur advancements in power generation technology.

via Energy Institute Blog|
#ai#bubble#datacenters