Core Insights - Oracle plans to purchase $40 billion worth of Nvidia's chips to support the Stargate project, a new data center in Abilene, Texas, which will utilize 400,000 of Nvidia's GB200 "superchips" for AI systems [1] - The data center is projected to be operational by mid-2026, providing 1.2 gigawatts of power and will be among the largest data centers globally [2] - The Stargate project has secured $11.6 billion in funding commitments, expanding the data center from two to eight buildings, bringing total funding to $15 billion [3] Industry Context - AI data centers are essential as traditional data centers struggle to meet the demands of AI's computational power and energy requirements [4] - AI facilities require specialized hardware and infrastructure, such as dense configurations of GPUs and AI accelerators, to handle complex calculations for AI workloads [5] - The $30 billion AI Infrastructure Fund, backed by BlackRock, Microsoft, and MGX, aims to raise up to $100 billion for AI development, focusing on constructing data centers and securing power sources [6]

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain Amazon says it has suspended plans for a massive data center in Becker, Minnesota, an announcement that comes after state lawmakers and Minnesota Gov. Tim Walz said they will reduce tax breaks for these projects. The Seattle-based tech giant said in a statement that it moved ahead with the pr ...

Core Viewpoint - Hyperscale Data, Inc. will accept the $TRUMP meme coin as a payment method on Bitnile.com starting June 15, 2025, enhancing the utility of the coin in social gaming [1][3]. Group 1: Payment Method and Promotions - The $TRUMP meme coin will be used to purchase the Nile Package, which includes virtual in-game currency (Nile tokens) for social casino games on Bitnile.com [2]. - A promotional offer will provide three times the number of Tokens and Coins for purchases made with $TRUMP during the first month of acceptance [3]. - For example, a $20 package will provide 150,000 Tokens and 63 Coins instead of the usual 50,000 Tokens and 21 Coins [3]. Group 2: Market Potential and User Engagement - The company believes there is a significant market for the $TRUMP holders, with over 750,000 wallets currently holding the coin, indicating potential engagement in social gaming [3]. - The promotion aims to enhance user experience by providing more opportunities to win cryptocurrency and prizes [4]. Group 3: Future Developments - BitNile.com is evaluating additional cryptocurrencies for future payment options, with announcements expected in the coming months [4].

Applied Digital (APLD 10.25%) was a double-digit winner on Thursday, as its stock price popped by over 10%.That was due in no small part to the initiation of coverage of the cutting-edge data center builder's stock by an analyst, who, it turns out, is extremely bullish on its prospects. Applied's share price trajectory was all the more impressive, considering that the S&P 500 index basically closed flat across the trading session.An enthusiastic buy recommendation from a punditThe initiating party was Citiz ...

Core Insights - Newmark Group, Inc. has arranged a $7.1 billion construction loan for Blue Owl Capital, Inc., Crusoe, and Primary Digital Infrastructure to fund the second phase of a $15 billion joint venture for a 1.2-gigawatt AI data center in Abilene, Texas [1][3] Group 1: Transaction Details - The loan is provided by a consortium led by J.P. Morgan and will support the construction of six new buildings, expanding the data center to a total of eight buildings upon completion [1][3] - The first phase of construction, which includes two buildings and over 200 megawatts, began in June 2024 and is expected to be energized in the first half of 2025 [3] - The second phase, consisting of six additional buildings and a total of 1.2 gigawatts, commenced in March 2025 and is anticipated to be energized by mid-2026 [3] Group 2: Company Roles and Statements - Newmark's Co-President of Global Debt & Structured Finance, Jordan Roeschlaub, emphasized the significance of this transaction in advancing sustainable digital infrastructure [3] - Brent Mayo, Head of Data Center Capital Markets at Newmark, stated that this funding solution is crucial for delivering next-generation digital infrastructure to meet AI innovation demands [3] - Newmark also acted as a strategic advisor for the first phase, securing both equity and debt financing [4] Group 3: Company Profiles - Crusoe focuses on aligning computing with climate goals, providing scalable and environmentally friendly AI infrastructure solutions [5] - Blue Owl, with $273 billion in assets under management, offers private capital solutions across various investment platforms [7] - Primary Digital Infrastructure accelerates the growth of hyperscale and AI-driven data centers, providing flexible capital solutions to data center operators [9]

G42、OpenAI、甲骨文(ORCL.N)、英伟达(NVDA.O)、软银集团和思科(CSCO.O)今日宣布合作建设阿 联酋"星际之门"数据中心。 ...

Core Insights - Summit Ridge Energy has partnered with Digital Realty to purchase 5.1 megawatts (MW) of solar energy, supporting Digital Realty's sustainability goals and energy cost savings [1] - The solar projects will enhance grid resilience in Illinois and create hundreds of construction and manufacturing jobs [2] - Digital Realty's commitment to renewable energy is part of a broader trend in the technology sector, driven by increasing energy demands [4] Company Overview - Summit Ridge Energy is the leading commercial solar company in the U.S., with over 2 gigawatts (GW) of solar power operating and in development [5] - The company has raised over $5 billion in project capital since its launch in 2017, financing more than 200 solar farms [6] - Digital Realty operates a global data center platform with over 300 facilities across 25 countries, providing a range of data center and interconnection solutions [7] Project Details - The solar energy purchase includes renewable energy credits from three Summit Ridge-owned solar projects in Illinois, expected to be operational by late 2025 to early 2026 [1] - The partnership aims to integrate more renewable energy into Digital Realty's operations while contributing to a more resilient power grid [4] - Summit Ridge's solar projects are part of a larger initiative to enhance grid stability, including voltage support and frequency regulation [4]

Core Viewpoint - Digi Power X Inc. has announced a collaboration with Super Micro Computer, Inc. to deploy customized GPU rack solutions at its new data center in Alabama, marking a significant step in expanding its AI and high-performance computing infrastructure [1][2]. Group 1: Collaboration Details - The collaboration will initiate with an initial deployment aimed at operational readiness within 120 days, with full test operations expected in Q4 2025 [2]. - The project is set to lay the groundwork for broader expansion at the Alabama site, with plans to scale up to 22 megawatts (MW) in 2026 and 55 MW by 2027 [2]. Group 2: Company Overview - Digi Power X is described as a vertically integrated power infrastructure company focused on developing advanced data centers for high-performance computing [1]. - The company aims to drive the expansion of sustainable energy assets through its innovative energy infrastructure [3].

Core Insights - Duos Technologies Group, Inc. has announced a strategic partnership with Region 3 Education Service Center to deploy a new Edge Data Center in Victoria, Texas, enhancing its presence in the education sector and rural markets [1][3] - The Victoria EDC will support 37 school districts, providing secure and scalable local computing capabilities for AI-based learning platforms, telemedicine, and EHR systems [3][4] - This deployment is part of Duos Edge AI's 2025 roadmap, aiming for 15 contracted EDCs by year-end, with nine sites already identified [4][6] Company Overview - Duos Edge AI specializes in high-function Edge Data Center solutions designed to minimize latency and optimize performance, particularly in underserved communities [6][8] - The company’s modular architecture is engineered to SOC 2 Type II compliance, featuring N+1 power redundancy and dual generators for enhanced reliability [3][4] - Duos Edge AI aims to position its edge data centers within 12 miles of end users, significantly closer than traditional data centers, enabling timely processing of data for real-time applications [6] Market Impact - The partnership with Region 3 ESC is expected to accelerate digital equity and expand Duos Edge AI's market footprint while contributing to sustainable long-term revenue [4] - The initiative will also create new job opportunities in the Victoria area and foster collaboration with local businesses [4] - The deployment aligns with the increasing demand for localized, low-latency compute infrastructure across Texas, the Southeast, and Midwest [4][6]

Core Insights - Applied Digital is emerging as a significant player in the AI infrastructure sector, attracting investor interest due to its strategic positioning and recent stock performance [1][15] - The company is focusing on high-performance computing (HPC) and AI markets, leveraging its operational expertise to meet the growing demand for specialized data processing power [2][15] Company Strategy - Applied Digital's AI infrastructure strategy is centered around the Ellendale HPC Campus in North Dakota, designed for ultra-low-cost operations with advanced liquid cooling technology [3] - Plans to scale the campus to 400 MW and secure long-term leases with U.S.-based hyperscalers are critical for revenue generation and risk mitigation [4][15] Financial Performance - For the fiscal third quarter of 2025, Applied Digital reported revenues of $52.9 million, a 22% year-over-year increase, although it fell short of analyst expectations [7] - The company's balance sheet as of February 28, 2025, showed total assets of $1.71 billion and total liabilities of $1.21 billion, with a debt-to-equity ratio of 1.22 [8] Market Outlook - Analysts maintain a positive outlook on Applied Digital, with a consensus rating of Buy and an average price target of $10.67, indicating a potential upside of 58.49% from current levels [7][9] - The company is positioned to capitalize on the AI infrastructure megatrend, with its success dependent on the execution of its development plans and securing lease agreements with hyperscale customers [15][16] Financial Partnerships - Significant financial backing includes a $5.0 billion perpetual preferred equity financing facility with Macquarie Asset Management, which will support the HPC business and future data center developments [10] - Recent financing agreements, including $375 million from Sumitomo Mitsui Banking Corporation, provide additional support for the capital-intensive nature of the business [11]