Riot Platforms, Inc. shares rose 9.15% following a report that activist investor Starboard Value has acquired a stake in the bitcoin mining company. Starboard is urging Riot to shift part of its bitcoin mining operations to data centers that could support big tech companies like Amazon and Google. Riot’s management has welcomed Starboard’s input and ...
The global surge in data centers is driving Big Tech to explore new energy solutions to support the growing demands of artificial intelligence. Options like nuclear power, liquid cooling, and advancements in quantum computing are on the table to meet this need. Experts caution that the environmental costs of this AI boom are often overlooked, ...
The global surge in data centers is growing rapidly, driven by the demand for artificial intelligence. Major tech companies are exploring solutions like nuclear energy, liquid cooling, and quantum computing to support this trend. Critics highlight the hidden environmental costs associated with this AI boom, urging tech giants to reconsider their fast-paced growth strategies. As ...
Mark Zuckerberg, CEO of Meta Platforms Inc., expressed surprise at the rapid development of the company’s AI data centers during a recent earnings call. He noted that the quick setup of servers and infrastructure has contributed to rising costs, prompting Meta to increase its 2024 capital expenditure forecast to between $38 billion and $40 billion. ...
The rise of artificial intelligence is driving a significant change in how data centers operate, particularly in Europe. As demand for powerful chips like Nvidia’s GPUs surges, developers must now lower water temperatures in cooling systems to keep these chips functional. This shift poses challenges to the European Union’s energy efficiency goals, as AI is ...
The rise of artificial intelligence is leading to a significant increase in electricity demand, presenting both opportunities and challenges for Wyoming, a key energy producer. In a recent legislative discussion, lawmakers debated how to meet this growing need while navigating an already complex electric Market. With inquiries for up to 7,000 megawatts of new power ...
The rise of artificial intelligence is demanding more electricity, creating both challenges and opportunities for Wyoming, known for its energy resources. During a legislative discussion in Cheyenne, lawmakers debated how the state can adapt to this growing need, which could affect coal-fired plants, nuclear energy, and wind power development. With data centers proliferating, the power ...
The next industrial revolution driven by AI is set to change global dynamics. Unlike past revolutions that had specific centers, this one is already global, relying on data centers as its backbone. These facilities require significant energy and resources, and their relevance is highlighted by the U.S. investment of over $600 billion in AI infrastructure ...
