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Amazon's power struggle in Oregon reveals the dark side of America's AI boom
Invezz· 2025-11-04 07:04
Amazon.com Inc. has accused PacifiCorp, a utility owned by Berkshire Hathaway Inc., of failing to deliver enough electricity to support four new data centres in Oregon. ...
Westbridge Renewable Energy Expands Strategic Data Centre Portfolio with New Project in Alabama
Prnewswire· 2025-10-22 11:00
Accessibility StatementSkip Navigation CALGARY, AB, Oct. 22, 2025 /PRNewswire/ - Westbridge Renewable Energy Corp. (TSXV: WEB, OTCQX: WEGYF, FRA: PUQ) ("Westbridge", "Westbridge Renewable" or the "Company") is pleased to announce the expansion of its data centre portfolio with the addition of a new strategic project located in Alabama, USA. The project marks another important step in the Company's strategy to diversify its asset base and capture value from soaring demand for AI-ready data centres and lag ...
China and Hong Kong stocks rebound, lifted by gains in tech shares
The Economic Times· 2025-09-24 09:24
** At the close, the Shanghai Composite ** Gains were led by tech shares, with Shanghai's tech-focused STAR50 index jumping 3.49% and CSI Info Tech sub-index bouncing 2.88%. ** China's CSI all share semiconductor, a sub-index tracking the sector, rose 4.68%. ** Chinese e-commerce company Alibaba said on Wednesday it plans to open its first data centres in Brazil, France and the Netherlands as it accelerates its global strategy for artificial intelligence. The Hong Kong-listed shares finished the session u ...
Nvidia to back OpenAI with $100B data centre investment
Invezz· 2025-09-22 16:52
Core Insights - Nvidia Corp. plans to invest up to $100 billion in OpenAI to enhance the development of new data centers and the necessary infrastructure for artificial intelligence workloads [1] Company Summary - The investment by Nvidia is aimed at supporting OpenAI's initiatives in artificial intelligence [1] - This substantial financial commitment indicates Nvidia's strategic focus on expanding its capabilities in AI technology [1] Industry Summary - The investment reflects a growing trend in the technology sector towards significant funding for AI infrastructure [1] - The collaboration between Nvidia and OpenAI may set a precedent for future partnerships in the AI industry [1]
Public Statement on Strategic Partnership
Globenewswire· 2025-04-29 18:06
Group 1 - Global InterConnection Group Ltd and Scale42 are in advanced discussions to create a joint venture [1] - The joint venture will focus on developing integrated digital and energy infrastructure [1] - Key components of the venture include sub-sea data cables and data centres [1]