Core Insights - Meta has signed a $100 million deal with Silicon Ranch to develop a 100-megawatt solar farm in South Carolina, which will power its planned $800 million AI data center expected to begin operations in 2027 [1] - This agreement marks the eighteenth collaboration between Meta and Silicon Ranch, contributing to over $2.5 billion in investments [2] - Meta has added over 2 gigawatts of solar capacity in 2023, with ongoing projects in Ohio, Kansas, and Texas [3] Investment and Development - The solar farm's equipment will primarily be manufactured in the U.S., aligning with domestic production goals [1] - The renewable energy initiatives are part of Meta's strategy to achieve net-zero carbon emissions while also addressing the need for quick deployment of energy solutions to reduce time-to-power for new data centers [4] Industry Trends - The trend among hyperscalers like Meta is to invest in renewable energy sources, particularly solar, due to their cost-effectiveness and rapid deployment capabilities [4]

Core Insights - The global AI infrastructure market is projected to exceed $200 billion in spending by 2028, with a 97% year-over-year increase in spending on compute and storage hardware for AI, reaching $47.4 billion in the first half of 2024 [3][5][20] - New Era Energy & Digital, Inc. (NASDAQ: NUAI), formerly New Era Helium, Inc. (NASDAQ: NEHC), has rebranded to reflect its strategic transformation into a vertically integrated energy supplier focused on AI infrastructure [4][5][10] - The company is developing the Texas Critical Data Centers (TCDC) project, a scalable AI and high-performance computing campus designed to meet the growing demand for compute capacity and clean energy [6][7] Company Developments - New Era Energy & Digital, Inc. aims to provide turnkey solutions for hyperscale, enterprise, and edge operators to optimize data center deployment and future-proof infrastructure investments [5][10] - The company is in discussions to maximize its natural gas and helium assets while pivoting towards AI infrastructure development [8] - A newly updated website and revised investor presentation are set to outline the company's strategic roadmap [9] Market Trends - The demand for AI infrastructure is expected to grow exponentially over the next decade, driven by increased capacity and significant sector investment [5] - Companies like Applied Digital Corporation and CoreWeave are also making headlines in the AI infrastructure space, with substantial financial growth and investments [14][15][17] - Vertiv Holdings Co. has shown strong stock performance, significantly outperforming the S&P 500, driven by robust demand for AI-driven data center infrastructure [16][19] Financial Highlights - Applied Digital Corporation reported revenues of $38 million for the fiscal fourth quarter of 2025, a 41% increase year-over-year, with a net loss of $26.6 million, down 25% from the previous year [13][18] - Vertiv reported net sales of $2,638 million for the second quarter of 2025, a 35% increase from the prior year, with a growing backlog of $8.5 billion [17][19]

Presentation for Business Update AUGUST 7, 2025 Forward-Looking Statements This communication contains certain forward-looking statements within the meaning of the federal securities laws of the United States. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made ...

Group 1 - The U.S. Department of Energy has announced the selection of sites for artificial intelligence (AI) data centers [1] - These facilities will be located on certain federal lands [1]

DALLAS, June 02, 2025 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD), a designer, builder and operator of next-generation digital infrastructure for HPC applications, has entered into two approximately 15-year lease agreements with CoreWeave, the AI Hyperscaler™. Under the lease agreements, Applied Digital will deliver 250 megawatts (MW) of critical IT load to host CoreWeave's artificial intelligence (AI) and high-performance computing (HPC) infrastructure at its Ellendale, North Dakota dat ...