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Microsoft is planning to invest about $80 billion in fiscal 2025 on developing data centers to train artificial intelligence models and deploy AI and cloud-based applications, the company said in ...
Fortune 500 company Exxon Mobil is bullish on its ability to supply power for AI data centers and claimed a key advantage in building decarbonized gas-fired plants.
Microsoft CEO Satya Nadella just reaffirmed his plan to spend $80 billion on AI data centers in 2025, mostly in connection with its OpenAI partnership and cloud computing division. This is a huge ...
The agencies will run “competitive solicitations” from private companies to build AI data centers on those federal sites, senior administration officials said. Developers building on those sites will be required, among other things, to pay for the construction of those facilities and to bring sufficient clean power generation to match the ...
The company’s nearly $56 billion in spending during its fiscal year 2024 (for the year ended June 31), fueled by AI — coupled with lower-than-expected revenue linked to artificial intelligence ...
The world’s richest man, whose companies include Tesla, SpaceX and X, last year started his own rival AI company, xAI, that is building its own big data center in Memphis, Tennessee. Musk says it faces unfair competition from OpenAI and its close business partner Microsoft, which has supplied the huge computing resources needed to build AI ...