China is trying to solve its water-consuming, power-draining data center problems by moving them under the sea. Shanghai Hailanyun Technology (HiCloud), in collaboration with several government agencies, launched what it’s calling the world’s first wind-powered underwater data center in May 2026. It sits about 32 feet below the ocean’s surface off the coast of Shanghai’s…
Canadian billionaire Kevin O’Leary has pushed back against claims surrounding a proposed data center project in Utah, saying false information is being spread online about the development. In a post shared on X (formerly Twitter), O’Leary said some groups opposing the project were circulating misleading claims about environmental damage, power use and the scale of…
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Riot Platforms’ model fair value per share has been adjusted slightly, moving from US$25.94 to US$25.84. This small change reflects a research backdrop where many firms are trimming price targets on weaker Bitcoin mining economics,…
As the artificial intelligence (AI) revolution enters its fourth year, demand for AI-capable chips continues at a blistering pace, yielding more than a few winners. While Nvidia controls the biggest share of the data center graphics processing unit (GPU) market, Advanced Micro Devices (NASDAQ: AMD) has no plans to cede the opportunity to its larger…
Big Tech’s data center build-out is facing mounting resistance from lawmakers. This week, Sens. Josh Hawley (R-Mo.) and Richard Blumenthal (D-Conn.) introduced the first bipartisan bill in Congress designed to prevent data center power usage from affecting consumers’ electric bills. A week earlier, on Feb. 6, New York became at least the sixth state to…
Company Logo The Hong Kong data center market is projected to grow from USD 3.62 billion in 2025 to USD 5.81 billion by 2031, with an 8.20% CAGR. Tseung Kwan O leads data center development, hosting 41% of the existing space. The market includes prominent investors and providers like Goodman Group, which manages six data…
Tech companies have been pouring billions into artificial intelligence this year in the wake of the AI and data center boom. But a coalition of Amazon employees says the company’s AI usage is happening alongside rising global temperatures, political instability, and “a more militarized surveillance state with fewer protections for ordinary people,” according to Fortune….
Nvidia (NVDA) will report its highly anticipated third quarter earnings after the bell on Wednesday, its first such announcement since the company’s market capitalization briefly eclipsed $5 trillion last month. The chip giant is the most important bellwether for the AI trade, with any miss or beat on projections set to impact price action on…
AMD (AMD) says it expects to see its data center revenue increase 60% over the next three to five years, up from $16 billion in 2025, as the company pushes deeper into the AI space and works to steal share from rival Nvidia (NVDA). Shares surged over 8% in early trading Wednesday following the news….
(Reuters) -AMD shares rose nearly 5% in premarket trading on Wednesday, a day after it laid out ambitious plans to reach $100 billion in annual data center revenue in five years by taking a bigger slice of the AI market from Nvidia. CEO Lisa Su said on Tuesday the market for the company’s data center…