Latest in Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
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ServiceNow, Coreweave and others to invest $8.2 billion in UK data centers to fuel AI growth
American enterprise software giant ServiceNow and cloud computing startup CoreWeave plan to invest billions of dollars in their U.K. operations.Business - CNBC - October 14 -
U.S. Tech Firms to Invest More Than $8 Billion in U.K. Data Centers Amid AI Frenzy
Surging AI demand has led to a combined investment of $8.23 billion in U.K. data centers from four American tech companies.Tech - The Wall Street Journal - October 14 -
Feeding AI’s appetite: Who pays the price for power-hungry data centers?
With the grid facing strain and more energy-hungry giants sitting down at the table, ensuring fair contribution isn’t just sound policy — it’s absolutely essential.Politics - The Hill - 2 days ago -
Amazon, Google make dueling nuclear investments to power data centers with clean energy
Tech giants Amazon and Google are investing in the next generation of nuclear reactorsTech - ABC News - October 16 -
Google signs deal to use small modular nuclear reactors to power AI data centers
Google has signed a deal with Kairos Power to build a fleet of small modular nuclear reactors to power its data centers, the tech giant announced Monday. The small modular reactors, a type of ...Politics - The Hill - October 15 -
AI boom thrusts Europe between power-hungry data centers and environmental goals
The growth in demand for AI could come at a cost to Europe's decarbonization goals as the specialized chips used by firms like Nvidia are expected to result in a rise in energy use of already ...Business - CNBC - October 29 -
Amazon, Google and Microsoft Are Investing in Nuclear Power
Large technology companies are investing billions of dollars in nuclear energy as an emissions-free source of electricity for artificial intelligence and other businesses.Business - The New York Times - October 16 -
Google turns to nuclear to power AI data centres
The tech giant says it will use energy from small reactors to power its use of artificial intelligence.Top stories - BBC News - October 15 -
Google signs deal with nuclear company as data center power demand surges
Google is the latest tech company to turn to nuclear energy as power demand from data centers surges.Business - CNBC - October 15 -
Amazon and Google's plans for fueling data centers: Nuclear power
Amazon on Wednesday said it's investing in small nuclear reactors, two days after Google announced its own nuclear plans.Top stories - CBS News - October 16 -
US regulator rejects bid to boost nuclear power to Amazon data center
The Federal Energy Regulatory Commission (FERC) rejected an effort Friday to allow an Amazon data center to tap into additional power from a nearby Pennsylvania nuclear plant. The decision could ...Politics - The Hill - 5 days ago -
Constellation Navigates Regulatory Setback in Quest for Data Centers at Power Plants
As AI’s incredible power needs grow, the Federal Energy Regulatory Commission’s rejection of a bid to boost an Amazon data center’s capacity may have far-reaching implications.Business - Inc. - 4 days ago -
US investment group Ares on course to raise more than $80bn
Credit-focused fund enjoys fastest pace of fundraising as high yields draw investors to private marketsBusiness - Financial Times - November 1 -
Microsoft Copilot AI use extends deep into corporate America, but companies aren’t 100% sold
Microsoft Copilot AI adoption within corporate America is growing rapidly, but many companies are still unsure about the costs, a new CNBC survey finds.Business - CNBC - October 29 -
Meta’s plan for nuclear-powered AI data centre thwarted by rare bees
Environmental issue disrupts search for energy deals amid a Big Tech race over artificial intelligenceBusiness - Financial Times - 5 days ago -
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Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.Business - CNBC - October 28 -
Wall Street Giants to Make $50 Billion Bet on AI and Power Projects
KKR and Energy Capital Partners plan to invest in development of data centers and the power infrastructure to support them.Tech - The Wall Street Journal - October 30 -
Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it
Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying offTech - ABC News - October 30 -
Here’s How a Startup Landed $10 Million to Put AI Data Centers in Space
The massive banks of computers needed to power artificial intelligence apps require huge amounts of electricity on Earth. Lumen Orbit wants to send them into the heavens instead.Business - Inc. - October 25 -
Goldman Institute calls for ‘data center diplomacy’ as U.S. competes in global AI race
Goldman Sachs Institute's Jared Cohen says the U.S. will need to outsource its data center capacity, and choose its global partners wisely.Business - CNBC - October 29 -
We're hiking our price target on an industrial whose earnings benefit from AI data center boom
Given Eaton stock's year-to-date outperformance, it's not too surprising to see some profit taking on the mixed print.Business - CNBC - October 31 -
DevRev raises $100.8 million in Series A funding and becomes an AI unicorn at a $1.15 billion valuation
Following its successful Series A funding, DevRev drives forward its mission to revolutionize customer support and product development.Tech - VentureBeat - November 1 -
Perplexity AI in final stages of raising $500 million round at $9 billion valuation
Perplexity AI is in the final stages of raising $500 million in funding at a $9 billion valuation, a source familiar with the situation told CNBC.Business - CNBC - 3 days ago -
Strella raises $4 million to automate market research with AI-powered customer interviews
Strella, an AI-powered market research startup, raises $4 million in seed funding to automate and accelerate customer insights, delivering results 10x faster and at half the cost of traditional ...Tech - VentureBeat - October 15 -
Live Aware Labs raises $4.8M for its AI-powered gamer feedback platform
Live Aware Labs has closed a successful seed funding round to build out its community feedback platform for game developers.Tech - VentureBeat - October 16 -
Cramer raves about Salesforce's star-powered plan to raise awareness of its new AI agents
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Business - CNBC - 5 days ago -
Burning rubbish now UK’s dirtiest form of power
Nearly half of waste is now burned for energy, but BBC analysis finds it is as dirty as coal.Top stories - BBC News - October 15 -
Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion
The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.Tech - The New York Times - October 30 -
How a Data Center Divided a Small Missouri Town
Residents of Peculiar battled developers and some of their local officials to keep a giant data center out of their community.Tech - The New York Times - October 29 -
Damage Estimates for Helene and Milton Pass $100 Billion
Each hurricane is likely to be a $50 billion disaster, joining the ranks of the most costly U.S. storms.Business - Inc. - October 17 -
Microsoft Will Let Clients Build Their Own AI Agents
In November, customers can start using Copilot Studio to make their own AI apps to perform many routine tasks.Business - Inc. - October 21 -
Investors Want to See a Payout on Microsoft’s AI Efforts
As the tech giant readies a report of what’s forecast as its slowest quarterly growth in a year, shareholders want to see genuine demand for the AI applications it’s spent billions to develop.Business - Inc. - October 28 -
Meta and Microsoft Won’t Stop Spending on AI
Both tech giants reported strong third quarters but their stocks fell anyway.Business - Inc. - October 31 -
Here’s what BlackRock’s Larry Fink says will be powering the stock market for years to come
The head of BlackRock says companies are growing into ‘extreme’ price-to-equity ratios.Business - MarketWatch - October 29 -
GM raises investment in lithium mine to nearly $1bn
US carmaker seeks to secure supply of metal expected to suffer shortfalls because of rising demand in switch to EVsBusiness - Financial Times - October 16
