Nvidia Recruits Wall Street to Bankroll $500B AI Bet
Nvidia is partnering with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to mobilize over $500 billion for AI infrastructure, reviving circular financing fears.
Articles Tagged "Data Centers"
PJM's New Rule: No Power Guarantee for AI Data Centers
PJM's board approved a plan to curtail power to data centers of 50 megawatts or larger during grid emergencies starting June 2027, unless they bring their own generation.
AMD Locks Up 2.5 GW of Compute From an Ex-Bitcoin Miner
AMD signed a 15-year, $14B+ infrastructure deal with Core Scientific for 500+ MW of AI data center capacity, with an option to scale to 2.5 GW - its third major hosting deal in five months.
Nvidia May Guarantee $250B So OpenAI Can Pay Nvidia
Nvidia is negotiating to backstop $250 billion in financing for OpenAI's 10-gigawatt Ohio data center, plus another $350 billion for the chips going inside it, reviving the circular financing debate.
One Line Failed. 3GW of Data Centers Panicked the Grid
A single transmission line fault near Virginia's data center alley triggered a synchronized 3-gigawatt disconnect that took PJM 11 minutes to stabilize, twice as bad as a similar 2024 event.
A Memory Shortage Triggered $950B in AI Deals
Nvidia, SK Group, Samsung and Broadcom signed close to a trillion dollars in AI chip and memory deals in San Francisco, and the memory shortage behind them means someone outside the room ends up paying.
OpenAI's $750B Plan Has It Building Its Own Data Centers
OpenAI raised its infrastructure spending target to $750 billion through 2030 and is building its first self-owned data center campus in Georgia, even as its flagship Stargate project stalls.
Microsoft Bets on AMD's Helios to Crack Nvidia's Grip
Microsoft will deploy AMD's new Helios AI racks across Azure, joining Meta, Oracle and OpenAI as flagship customers in a direct challenge to Nvidia's 95% grip on the data center GPU market.
Google's Frozen v2 Chip Bakes Gemini Into Silicon
Google is reportedly building a chip line separate from its TPUs that hardwires parts of Gemini directly into silicon, promising up to 10x efficiency as a capacity crunch forces Cloud to turn away customers.
SK Group Warns AI Memory Fight Is Turning Geopolitical
SK Group Chairman Chey Tae-won says customers want 60-100% more AI memory in 2027 than in 2026, and warns governments are starting to treat chip access as a matter of economic security.
New York Becomes First State to Freeze Data Centers
Governor Hochul signed an executive order pausing permits for data centers over 50 megawatts for up to a year, making New York the first US state to enact a statewide moratorium.
Reflection AI Buys $1B More Nvidia Compute From Nebius
Nebius will sell Reflection AI over $1 billion in Nvidia GB300 compute through 2029, the open-source AI lab's second billion-dollar infrastructure deal in three weeks.
