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U.S. data centers could face a 33-gigawatt power shortfall through 2028, according to Morgan Stanley’s latest estimate, even after accounting for accelerated solutions such as onsite generation, fuel cells and nuclear power. The bank raised its estimate for incremental U.S. data-center demand from 68 GW to 97 GW. Its model counts 21 GW of facilities…
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xAI is building toward nearly 2 gigawatts of AI computing power across its Greater Memphis and Southaven infrastructure, turning the Tennessee-Mississippi state line into one of the world’s largest concentrated AI compute projects. Mississippi announced more than $20 billion of xAI investment in Southaven in January. The company’s MACROHARDRR data center is part of a…
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Alibaba is planning one of the world’s largest AI infrastructure expansions, targeting more than 20 gigawatts of global data-center capacity by 2032. CEO Eddie Wu announced the target at Alibaba Cloud’s Apsara conference as the company prepares for rapidly rising demand for artificial-intelligence computing. Twenty gigawatts puts the announcement firmly in power-grid territory: the AI…
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SoftBank has raised $11.1 billion through dollar- and euro-denominated bonds as the technology conglomerate dramatically expands its investments across artificial intelligence infrastructure. The transaction is the largest high-yield corporate bond sale globally on record, according to Reuters and LSEG data. A major purpose of the financing is funding the final $10 billion tranche of SoftBank’s…
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SOS Limited is reporting higher hosting revenue while outlining a much larger data-center ambition, connecting its existing cryptocurrency infrastructure business with a proposed expansion into AI and cloud computing. The company reported hosting revenue of $7.501 million, up 15.3%, while it evaluates a proposed data-center campus on Indonesia’s Bintan Island. The project has been described…
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Hut 8 has emerged as the winning bidder for two West Texas data-center sites formerly operated by bankrupt Bitcoin mining pool Poolin, offering $140 million in cash and other consideration for the Pyote and Tarbush facilities. The auction result is a major new infrastructure development following Hut 8’s broader Texas expansion, but the transaction is…
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