Hey Mike. So cloud compute is not enough anymore. OpenAI has maxed out what it can get from the hyperscalers and I'm now learning that since January they have been running a stealth site search.This high stakes competition has drawn more than 800 proposals from across North America. About 20 sites are now in latestage diligence with large tracks of land under review in the Southwest, Midwest, and increasingly the Southeast where Meta also has a10 billion buildout underway in Louisiana. Now, I spoke exclusiv ...

OpenAI may have just unveiled that nearly trillion dollar plan to expand its infrastructure footprint, but behind the scenes, the AI leaders been running a secretive competition to pick data center winter winners. Our Mackenzie Sagalos has those details in today's Tech Check. Hey, Mac. Hey, Carl.So, OpenAI has been quietly searching since January for where to plant its next generation of supercomputing sites, a competition that's drawn more than 800 bids so far. I spoke exclusively with Keith Hyde. He is th ...

In an economy where data centers are driving most of the growth, the acquisition-powered sales gains that companies like Roper and Idex have to offer don’t stand out as much to investors. https://t.co/Yu3oN867IX ...

Welcome to the brainstorm episode 103. It only took us 103 episodes. This one were all in theory in 4K. So audio might be terrible, but high high quality visuals. Today we're talking Open AI and what some people have been comparing to a circular economy. Uh and then some big breakthroughs at the ARC Institute, not ARK, ARC. Uh Brett, there's a meme going around showing OpenAI giving money to Oracle, giving money to Nvidia, giving money back to Open AI. Can you uh fill everyone in? Why is why is that going a ...

Diana Olick: Despite its name, Schneider Electric does not generate electricity. It's an energy management company mixing electrification and digitization together so customers like Nvidia know exactly where their energy is consumed and can then optimize in real time their energy usage. I sat down with company chairman Jean-Pascal Tricoire, who has been with Schneider nearly 40 years, but says he has never seen a revolution in energy technology like he's seeing now.Jean-Pascal Tricoire: AI is a revolution o ...

I think about how I study my electricity bill to the extent that I do and maybe in the summer I'm using my air conditioner more. Maybe in the winter I'm using my heat more. But these are all kind of selfish things.I'm determining when the bill goes up or down. Why should I be paying for the expenses associated with these these data centers. Well, I think there's two arguments that people make.I mean, the first is that AI, whether you like it or not, is becoming an increasingly large part of our world. Um, s ...

Key Points The announcement of a partnership with Nvidia has changed the narrative around the stock. Navitas has never made a profit and is unlikely to do so anytime soon, but its growth could be explosive given its role in a new generation of data centers. 10 stocks we like better than Navitas Semiconductor › Shares in Navitas Semiconductor Corporation (NASDAQ: NVTS) soared by 23.2% in September, according to data provided by S&P Global Market Intelligence. The move marks another leg up for a stoc ...

Buyout firm Zegona is considering a sale of the five data centers that came along with its purchase of Vodafone’s unit in Spain, according to people familiar with the matter https://t.co/ikkImORvkN ...

Business Overview & Growth Drivers - Ferguson's business is largely unaffected by the government shutdown due to its focus on private capital construction projects like data centers, pharmaceutical production, and chip manufacturing [3] - The company is experiencing a renaissance in US production, driven by large projects, data center activity, onshoring/reshoring trends, and a desire to bring supply chains closer to the US [5][6] - Ferguson sees continued acceleration in data center construction, with growing open order volumes and bidding activity [15][16] - Large capital construction projects (>$400 million) are driving growth for Ferguson [17] Macroeconomic Factors - Rate cuts could positively impact both residential and non-residential construction, particularly hospitality and multifamily construction [8] - A reduction in 30-year mortgage rates is desired to improve housing affordability and stimulate remodel activity, with a target of sub-6% mortgage rates to trigger increased activity [9][11] - The US has a housing deficit of 3 to 5 million units, requiring increased construction to improve affordability [10] Challenges & Opportunities - A worker shortage in the trades is a concern, and Ferguson is actively involved in encouraging and developing the trades through its "Ferguson Cares" philanthropic program [19][20][22] - Ferguson aims to improve the productivity of trade professionals to mitigate the impact of the worker shortage [12][13][22] M&A Strategy - Ferguson, a $30 billion revenue company in a $340 billion market, competes with roughly 10,000 small to medium-sized businesses [23] - The company pursues acquisitions to consolidate the industry and provide succession plans for independent owners, aiming for 1-3% annual revenue growth through this strategy [23][24]

New AI data-centres are springing up in the middle of nowhere in America, rather than in established clusters. Such isolated locations solve a power problem—but also introduce risks https://t.co/ns5Ibv6TUh ...