SpaceX Commits $74 Billion to Two AI Supercomputing Campuses
SpaceX will spend over $74 billion on AI campuses in Texas and Arizona, backed by an AI segment that drove most of its Q3 revenue. Local approvals are pending.
Topic
Energy Infrastructure
Topic
Energy Infrastructure
SoftBank’s $7.1 Billion AI Power Bet Hits a Ceiling
SoftBank’s $7.1 billion quarterly loss exposed the cost of overbooking turbines for AI data centers, as grid connections and batt…
Anthropic Buys $3.4 Billion in Natural Gas Turbines as AI Power Crunch Bites
Anthropic is spending $3.4 billion on Caterpillar natural gas turbines capable of 1.7 GW, abandoning its rent-first strategy as t…
Latham & Watkins Adds Five Energy and Infrastructure Partners
Latham & Watkins added five energy and infrastructure partners from Baker Botts, Sidley Austin and Orrick, deepening project fina…
Google Acquires Crusoe’s 1.8-Gigawatt Wyoming AI Data-Center Site
Google acquired Crusoe’s southeast Wyoming data-center site after a 1.8-gigawatt campus design, permitting work and hybrid-power…
FM warns energy buildout risks are outrunning infrastructure
FM’s survey of 750 energy decision-makers, 150 brokers and 150 financiers finds 46% uncertain about new power technologies under…
America's Grid Plans Run Through 400-Ton Transformers Nobody Can Build Fast
America's grid ambitions wait on 400-ton transformers designed 150 years ago. One U.S. mill makes the special steel; orders take…
OpenAI Renames Datacentres 'Compute Campuses' as Public Anger Grows
OpenAI now calls datacentres 'compute campuses.' The rebrand lands as US voters blame the facilities for higher utility bills and…
SVP Backs NewEdge Power in 1.2 GW Battery Storage Venture
Strategic Value Partners has invested in NewEdge Power and formed a joint venture targeting up to 1.2 GW of battery storage in th…
Utah Data Center's Gas Plan Could Cost $690 Million a Year in Health Damages
A gas-powered Stratos data center could cause up to 45 premature deaths and $690 million in annual health damages, an NRDC-commis…
State and Local Races, Not Congress, May Decide the Data Center Boom
Analysts at Macquarie and Oxford Economics say state and local midterm races, not Congress, will decide the fate of the $1 trilli…