Big Tech Promises to Pay for AI Data Center Power
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March 5 (Reuters) - Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported on Thursday.
Entergy said its agreements with AI data centers like Meta will save Louisiana ratepayers $800 million over 20 years.
S. Korea's pay television industry is struggling to maintain growth as streaming services reshape the media landscape, pushing to seek new revenue
A proposed data center in a historically disadvantaged neighborhood in Denver could lead to a city moratorium — just as Colorado lawmakers consider statewide limits on the power-hungry sites.
The semiconductor company said it now expects full-year revenue in fiscal 2027 to grow more than 30% from the prior year, approaching $11 billion.
By Jaspreet Singh March 5 (Reuters) - Marvell Technology forecast fiscal 2028 revenue above Wall Street estimates on Thursday, signaling robust demand for custom chips and interconnect solutions used in artificial intelligence data centers,
Amazon Web Services confirmed drone strikes hit facilities in the UAE and near Bahrain, impairing cloud operations and urging customers to activate backup plans.
Semtech acquires HieFo Corporation for $34M, adding InP technology to its AI data center portfolio. Read about this major tech merger.
Many community members said they didn’t know a data center was going in their town until a recent city council meeting.