Amidst concerns of an AI overvaluation, financing flows uninterrupted to the sector’s backbone: GPU-rich datacenters. Macquarie, a leading financial company in Australia, announced its decision to invest up to $5 billion in US-based datacenter operator Applied Digital. This capital will…
The increasing adoption of AI technologies is setting up the data center industry for a rocky 2025, with growth anticipated to surpass sustainability goals and potentially ignite public unrest against new developments. As AI’s energy demands escalate, the need to…
President Biden enacted an executive order focused on accelerating the growth of AI infrastructure by utilizing federal lands for constructing large-scale datacenters powered by clean energy. This initiative calls for collaboration between the Department of Defense, the Department of Energy,…
Mega HR, a Florida-based startup, unveils an AI-driven service named Megan, aimed at streamlining recruitment processes and improving communication with job seekers. While it may seem reminiscent of the 2022 AI thriller M3GAN, Mega HR’s take is more grounded in…
In an astronomical rise for datacenter mergers and acquisitions, deals reached a staggering $57 billion in 2024. The driving force behind this surge is no surprise: innovative strides in generative AI pervading the industry. According to Synergy Research Group, which…
Nvidia has openly opposed the Biden administration’s constraints on exporting AI chips, claiming these rules might hamper the US’s technological leadership. The administration launched the Final Rule on AI Diffusion limiting AI chip exports, except to trusted allies. Nvidia argues…
/ Daily News…