Latest in Talen, Constellation and Vistra tumble after government rejects Amazon nuclear data center agreement
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Talen, Constellation and Vistra tumble after government rejects Amazon nuclear data center agreement
Talen Energy in March sold the data center campus to Amazon for $650 million, which would be powered by the nuclear plant in a first-of-its-kind deal.Business - CNBC - November 4 -
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 - November 4 -
Nuclear-Power Companies Hit by U.S. Regulator's Rejection of Amazon-Talen Deal
Talen said it believed FERC had erred and was evaluating its options. The company can still restructure its expanded deal with Amazon, according to Oppenheimer analysts.Business - The Wall Street Journal - November 4 -
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. - November 5 -
Dominion Energy is discussing small nuclear reactors with other tech companies after Amazon agreement
Tech companies are investing in nuclear power as they hunt for carbon-free, reliable electricity to support artificial intelligence data centers.Business - CNBC - November 1 -
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 -
Hims & Hers’ stock tumbles on Amazon’s latest disruptive foray into healthcare
Amazon is now offering upfront pricing for virtual care for ailments such as men’s hair loss and ED.Business - MarketWatch - November 14 -
Leader of Georgia's separatist region of Abkhazia resigns, ending unrest
The separatist leader of Georgia’s breakaway region of Abkhazia resigned on Tuesday after days of unrest, in which the opposition and its supporters seized key government buildings and at least 14 ...World - ABC News - 4 days ago -
As data center industry booms, an English village becomes a battleground
The English village of Abbots Langley has become a flashpoint in a British battle over data centersTech - ABC News - November 2 -
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 - November 7 -
AMD unveils Versal Premium Series Gen 2 for data center workloads
Advanced Micro Devices announced its Versal Premium Series Gen 2 chip platform for data center customers doing AI processing and other work.Tech - VentureBeat - November 12 -
Siemens Profit Tops Forecasts as Data-Center Demand Offsets Automation Woes
The industrial conglomerate reported a net profit of $2 billion for the fourth quarter, beating market views, after it benefited from high demand for electrical infrastructure driven by data centers.Business - The Wall Street Journal - November 14 -
Microsoft debuts custom chips to boost data center security and power efficiency
At the Ignite developer conference today, Microsoft unveiled two new chips designed for its data center infrastructure: the Azure Integrated HSM and the Azure Boost DPU.Tech - VentureBeat - 4 days ago -
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 - November 4 -
AbbVie shares tumble after schizophrenia drug disappoints
US pharma group says patients who took Emraclidine in clinical trials failed to show a significant decline in symptomsBusiness - Financial Times - November 11 -
Tennessee and B.Y.U. Tumble in A.P. Poll After Losses
The Volunteers dropped four spots to No. 10, and the Cougars fell seven places to No. 14.Sports - The New York Times - 6 days ago -
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Hungary's Orbán claims Poland's center-right government was installed by the EU
Hungarian Prime Minister Viktor Orbán has suggested that Poland’s government and its prime minister, Donald Tusk, were installed by the European Union as part of a plot to remove the country’s ...World - ABC News - October 25 -
Social Democrats win Lithuania's election, overcoming center-right government
Lithuania’s center-left opposition parties celebrated victory after prevailing over the center-right ruling coalition in the final round of national electionsWorld - ABC News - October 28 -
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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 -
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 -
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 -
Three Mile Island Is at the Center of Efforts to Expand Nuclear Capacity to Meet Rising Power Demand
The Pennsylvania plant, site of the worst U.S. nuclear energy accident, is at the forefront of efforts to expand nuclear capacity to meet rising electricity demand.Business - The New York Times - October 30 -
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 -
Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center
Elon Musk's artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC's David Faber.Business - CNBC - November 15 -
Immigration Police Can Already Sidestep US Sanctuary City Laws Using Data-Sharing Fusion Centers
Built to combat terrorism, fusion centers give US Immigration and Customs Enforcement a way to gain access to data that’s meant to be protected under city laws limiting local police cooperation ...Tech - Wired - 4 days ago -
Data centers powering artificial intelligence could use more electricity than entire cities
The growing size of data centers is raising questions about power, land and the environment.Business - CNBC - 18 hours ago -
Anyone Can Buy Data Tracking US Soldiers and Spies to Nuclear Vaults and Brothels in Germany
More than 3 billion phone coordinates collected by a US data broker expose the detailed movements of US military and intelligence workers in Germany—and the Pentagon is powerless to stop it.Tech - Wired - 4 days ago -
England on brink of series defeat as wickets tumble after Pakistan fightback
Third Test, day two: England 267 & 24-3; Pakistan 344 Tourists still trail by 53 with openers and Ollie Pope gone Welcome to the house of Saud. England crossed the threshold on Friday hoping to ...World - The Guardian - October 25 -
Electrolux Shares Tumble After North America Weakness Weighs on Results
Electrolux shares fell sharply after the company reported third-quarter profit that missed analysts’ expectations on continued weakness in North America, where it is turning to promotions to entice ...Business - The Wall Street Journal - October 25 -
Oil tumbles after Israel refrains from attacking Iran’s refining facilities
Brent crude drops more than 6% as Tehran gives measured response to strikesWorld - Financial Times - October 28 -
Super Micro Computer Tumbles After Auditor EY Resigns
Ernst & Young has resigned as the auditor for Super Micro Computer after finding that it can no longer rely on management’s misrepresentations.Tech - The Wall Street Journal - October 30 -
Schroders shares tumble to lowest in over 10 years after warning on outflows
Incoming chief executive Richard Oldfield pledges to sharpen asset manager’s focus and executionBusiness - Financial Times - November 5 -
Schroders shares tumble after fund manager reports outflows
Shares of U.K. fund manager Schroders fell on Tuesday after it reported outflows in the third quarter and said more money would leave the firm in the fourth quarter.Business - MarketWatch - November 5