Meta Plans $50 Billion AI Data Center in Louisiana
Meta is set to invest $50 billion in a massive AI data center in Louisiana, as revealed by President Donald Trump during a recent Cabinet meeting.
Advancements in semiconductor technology, GPU development, and data center infrastructure that power AI computing capabilities.
Meta is set to invest $50 billion in a massive AI data center in Louisiana, as revealed by President Donald Trump during a recent Cabinet meeting.
Fermi America has signed a memorandum of understanding with Doosan Enerbility to support its nuclear-powered AI campus in Amarillo, Texas. The partnership aims to explore cooperation in nuclear power plant and small modular reactor technologies.
Vertiv has acquired Waylay NV to enhance its AI-driven monitoring and control technologies for power and cooling systems, announced in a press release.
Splight has raised $12.4 million to expand its Dynamic Congestion Management technology, aiming to improve grid transmission capacity in the U.S. and Europe.
Crusoe has expanded its partnership with atNorth to increase AI cloud capacity at the ICE02 data center in Iceland, scaling up to 57MW to meet growing demand.
OpenLight has raised $34 million in a Series A funding round to enhance its integrated photonics technology for AI data centers, according to a press release.
The data center semiconductor market is projected to exceed $500 billion by 2029, driven by global AI demand and compute buildouts, according to a report by Futurum.
IBM and AMD have announced a partnership to develop next-generation computing architectures combining quantum and high-performance computing, as stated in a press release.
NVIDIA has unveiled NVFP4, a 4-bit format designed to enhance AI model pretraining efficiency, offering the precision of 16-bit with the speed of 4-bit.
China is integrating AI into its economy with a national computing network, aiming to add trillions to its GDP by 2035.
Lambda has deployed Supermicro GPU-optimized servers, including NVIDIA Blackwell systems, to enhance its AI infrastructure, announced in a press release. This collaboration aims to deliver high-performance AI solutions at scale.
Axelera AI, backed by Samsung and the European Union, is in talks to raise over €150 million to enhance its edge AI capabilities, according to Bloomberg.
Fermi America has announced a partnership with Parkhill and Lee Lewis Construction to build an 11-gigawatt private AI grid in Amarillo, Texas, according to a press release.
Meta Platforms has signed a deal with Silicon Ranch to develop a 100MW solar farm in South Carolina, powering its upcoming AI data center entirely with renewable energy.
Meta Platforms has entered a six-year cloud computing agreement with Google Cloud, valued at over $10 billion, according to Reuters. This deal will support Meta's AI infrastructure needs.
Crusoe, the developer of OpenAI's first Stargate data center, is in talks to raise $1 billion at a $10 billion valuation, according to The Information. The company plans to expand its cloud services by acquiring Atero, a Tel Aviv-based startup.
BAE Systems is accelerating chip production for defense programs by modernizing its Nashua facility with CHIPS Act funding.
Blackstone Credit & Insurance has increased its debt facility for Aligned Data Centers to over $1 billion, supporting the company's expansion plans across the Americas.
Chinese AI startup DeepSeek has released an upgraded version of its V3 model, optimized for Chinese-made chips and featuring enhanced processing speeds.
OpenAI is exploring the possibility of selling AI infrastructure services to other companies, as stated by CFO Sarah Friar. This move could create a new revenue stream to offset the company's high operational costs.