Meta is Investing $10 Billion in Louisiana to Realize Ambitious AI Goals, Paving the Way for Grid Expansion
Meta is sinking $10 billion into Louisiana to build its wildest AI aspirations, setting the template for the grid buildout On a quiet patch of former farmland in northeastern Louisiana, a fleet of excavators has leveled more than 2,000 acres of reddish clay earth. This is rural Richland Parish, once a floodplain tangled with meandering […]
Data Centers Are Straining the Economy — And Many Remain Underused
Data centers are eating the economy — and we’re not even using them As tech giants announce hundreds of billions in new data center investments, we’re witnessing a fundamental misunderstanding of our compute shortage problem. The industry’s current approach, throwing money at massive infrastructure projects, resembles adding two more lanes to a congested highway. It […]
Kinder Morgan Launches Oil and Gas Earnings Season with Positive Outlook Driven by High Demand from Data Centers
Kinder Morgan kicks off oil and gas earnings season with a bullish outlook, in part thanks to thirsty data centers While most of the nation’s power focus is on servicing the rise of data centers and AI, the biggest driver of natural gas demand is exports and the rapid buildout of liquefied natural gas terminals […]
At 100 Years Old, Caterpillar’s Growth Focuses on Powering Data Centers
At 100 years old, Caterpillar’s growth is now led by powering data centers As the storied construction giant celebrates its centennial anniversary in 2025, Caterpillar’s growth has evolved to fit the economic zeitgeist—now much of its new business is focused on powering the data center boom. In fact, 2024 was the first year the “energy […]
Trump’s Grand Energy Plan Could Trigger an American Crisis and Hamper Our AI Competitiveness
Trump’s Big Beautiful Bill will accelerate an American energy crisis—and it could cost the U.S. the AI race America is facing an energy imperative: Grow power from all sources or face potential failure. That’s failure in the race against China for AI supremacy; failure to provide ample affordable power for its citizens; and failure to […]
Nvidia Sees Sales Surge in Q4 Driven by Strong Demand for AI Chips
Nvidia sales surge in the fourth quarter on demand for AI chips LOS ANGELES (AP) — Nvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips, which power artificial intelligence systems, continued to grow, sending the company’s stock higher after hours. For the three months that ended […]
Japan’s oldest cable company becomes top performer with rise of AI technology
AI boom makes 139-year-old cable company Japan’s hottest stock The global boom in AI has turned an obscure 139-year-old Japanese company into a stock-market star. Fujikura Ltd., which makes wire cabling for data centers, is the best performer on the Nikkei 225 Stock Average index, with its shares surging more than 400% this year. It […]
Constellation Energy and Nuclear Stocks Dive as Regulators Reject Amazon Power Agreement
Constellation Energy, nuclear stocks plummet after regulators block Amazon power deal Constellation Energy stock (CEG) fell as much as 12% early Monday amid a broader decline in nuclear power stocks following the US government’s rejection of another Big Tech nuclear power agreement late Friday. The Federal Energy Regulatory Commission (FERC) rejected a proposal from a […]
The Competing Nuclear-Energy Investments of Google, Amazon, and Microsoft
Inside Google, Amazon, and Microsoft’s dueling nuclear-energy investments Amazon on Wednesday said that it was investing in small nuclear reactors, coming just two days after a similar announcement by Google, as both tech giants seek new sources of carbon-free electricity to meet surging demand from data centers and artificial intelligence. The plans come as the […]