ReportWire

Tag: data centers

  • Google paid startup Form Energy $1B for its massive 100-hour battery | TechCrunch

    [ad_1]

    Google announced earlier this week that it was building a new data center in Minnesota that would be powered by a mix of wind, solar, and a very unique battery built by startup Form Energy that’s capable of discharging for days on end.

    Now we know the price tag for that feat of electrochemical engineering: about $1 billion, according to The Information.

    Form Energy’s massive iron-air battery is capable of delivering a continuous 300 megawatts of electricity over 100 hours. It works by breathing, in a sense — oxygen pumped into the cells rusts iron, which releases electrons. The battery will work to smooth the flow of electrons from 1.4 gigawatts of wind power and 200 megawatts of solar power.

    The startup has been chipping away at the technology for years, and it has built a factory in West Virginia to produce the batteries. But it hadn’t landed a major customer until this recent deal with Google.

    With a big order on the books, Form Energy CEO Mateo Jaramillo said that his company is in the process of raising a $500 million round. Form has raised $1.4 billion to date, according to PitchBook. The company plans to go public next year.

    [ad_2]

    Tim De Chant

    Source link

  • In Nvidia we trust — ‘The agentic AI inflection point has arrived’ says CEO Jensen Huang | Fortune

    [ad_1]

    Once again, Nvidia CEO Jensen Huang had a simple response for investors who are worried that the AI spending race might be overblown.

    During the $4.8-trillion-valuation chip supplier’s earnings call on Wednesday, analysts pressed Huang on whether major cloud customers—whose capital expenditures are nearing $700 billion a year—could keep up the pace. According to Huang, it’s a no-brainer. In the new AI-based economy, compute and revenue are essentially the same thing. Without the capacity to generate AI tokens, which are the small chunks of chatbot outputs in the form of words and text, cloud providers don’t have way a to meaningfully grow.

    “I am confident in their cash flow growing,” said Huang, in response to a question. “And the reason for that is very simple.”

    “We have now seen the inflection of agentic AI and the usefulness of agents across the world and enterprises everywhere, and you’re seeing incredible compute demand because of it,” Huang continued. “In this new world of AI, compute is revenues. Without compute, there’s no way to generate tokens. Without tokens, there’s no way to grow revenues.”

    So, the hundreds of billions worth of capital expenditures now flow into AI, which eventually translates into growth, which translates “directly to revenues,” said Huang.

    Nvidia offered AI investors a glimpse of a hairpin-turn recovery with its results for the fourth quarter and the full year of fiscal 2026, with results showing record revenue of $68.1 billion for the quarter, beating guidance by about $3 billion. Those numbers were up 20% from the third quarter and a whopping 73% from a year ago. 

    Notably, the company released guidance for the first quarter of fiscal 2027 of $78 billion. Total supply-related commitments rose from $50.3 billion at the end of the third quarter to $95.2 billion at the end of the fourth quarter. In a statement, Nvidia said it has “strategically secured inventory and capacity to meet demand beyond the next several quarters.”

    Going into results, investors were primed for any sign—a sigh, a hesitation, anything—that might indicate that its gross margins might be slipping further. Previous guidance had called for 74.8% GAAP gross margin, which would signal a partial recovery, and Huang and chief financial officer Colette Kress have said the goal going into fiscal year 2027 is to hold margins “in the mid-70s.” 

    On cue, investors kept a gimlet-eyed focus on those figures on Wednesday. And Nvidia did not disappoint. The company’s GAAP gross margin rose to 75%, beating guidance and up from 73.4% in Q3, and non-GAAP gross margin clocked in at 75.2%. Nvidia’s stock rose more than 2% in the first phase of after-hours trading, though it quickly gave back much of those gains.

    In all, GAAP net income was up 35% quarter-over-quarter and 94% year-over-year to roughly $43 billion. GAAP diluted earnings-per-share came in up 35% at $1.76 for the quarter and nearly double compared to fiscal 2025. Net income also saw a bump related to Nvidia’s investment in Intel stock. Non-GAAP income, which doesn’t include the Intel investment gains, came in at $39.6 billion. 

    The Nvidia earnings results come amid a high-stakes backdrop of fears about AI over-investment, in the form of eye-popping capital expenditures among hyperscalers including Amazon, Meta, Microsoft, Oracle, and Alphabet that are locked in a frenzied AI race. A recent report from Moody’s flagged that some $662 billion in future data center lease commitments that have not yet begun remain off those companies’ balance sheets. 

    “Computing demand is growing exponentially,” said Huang in a statement. “Enterprise adoption of agents is skyrocketing. Our customers are racing to invest in AI compute—the factories powering the AI industrial revolution and their future growth.”

    For Nvidia, of course, a portion of that capex spending winds up in the company’s coffers to pay for its highly coveted—and premium-priced—chips. 

    Full-year revenue also soars

    For the full year, Nvidia revenues hit $215.9 billion, up 65% from last year; GAAP operating income was $130.4 billion and net income was $120.1 billion. In comparison, in fiscal year 2025, which ended in January 2025, Nvidia posted $130.5 billion in revenue, more than doubling the year prior’s $60.9 billion. Net income for that year was $72.9 billion and operating income more than doubled over the year before to $81.5 billion. Data center revenues for fiscal 2026 were $197.3 billion, up from $115.2 billion the previous year. 

    Across fiscal year 2026, revenues rose each quarter, from $44.1 billion in Q1, to $46.7 billion in Q2, to $57 billion in Q3, and now to $68.1 billion in Q4.

    Last quarter, CEO Jensen Huang directly attempted to quash fears about frothiness in the market on the Q3 call with analysts. 

    “There’s been a lot of talk about an AI bubble,” said Huang last quarter. “From our vantage point, we see something very different.”

    He said the industry has undergone three structural platform shifts: from traditional CPUs to GPU-driven computing, from traditional machine learning to generative AI, and from generative AI to agentic AI. Each transition, on its own, justifies massive investments. Huang said the first two shifts were fully funded through cost reductions and revenue growth, while the agentic AI is a new layer on top that will require investment. 

    CFO Kress said last quarter that Nvidia had “visibility” to $500 billion in revenue from its Blackwell and Rubin offerings from the start of the 2025 calendar year through the end of the 2026 calendar year. Kress also said that Nvidia believes total AI infrastructure investment could reach $3 trillion to $4 trillion annually by 2029 or 2030. 

    [ad_2]

    Amanda Gerut

    Source link

  • ‘Coming at us way too fast’: Montgomery Co. council hears from the public on data center construction – WTOP News

    [ad_1]

    Montgomery County Council members heard a common theme during a public hearing on data centers Tuesday: the need to slow down.

    Montgomery County Council members heard a common theme during a public hearing on data centers Tuesday: the need to slow down.

    Public comment at Tuesday’s meeting combined two measures: one, a bill that would create a 15-member task force to study the potential risks and benefits of data centers; and a second, a zoning text amendment that would restrict data centers to areas already zoned for industrial uses.

    A number of people testified in support of the formation of a task force, but wanted to see amendments to the bill.

    Karen Metchis, testifying on behalf of the Sierra Club, told the council, “The composition of the task force must be fair and balanced. As written, it leans heavily on industry.”

    The word “moratorium” came up multiple times as residents testified on the zoning text amendment that would limit data centers to industrial zones.

    Doug Siglin, a volunteer with the Chesapeake Climate Action Network, said, “Several people today are asking you for a pause. We think that’s right. Data centers may be inevitable, but they’re coming at us way too fast.”

    But Scott Wallace, with the Miles & Stockbridge law firm, spoke on behalf of Atmosphere DC, the developer of a potential data center campus in Dickerson.

    Wallace told the council: “The moratorium would significantly delay and quite possibly derail the project.”

    “A moratorium is not necessary, because the unique characteristics of the Dickerson site and Atmosphere’s design of the project already mitigate community impacts,” he added.

    Olivia Burlingame, a county resident, posed questions to the council.

    “What problems are these data centers really going to solve for us?” she asked. “Is there a real need being addressed by new data center construction and infrastructure in our county? I don’t think so.”

    But Burlingame said she supports the zoning text amendment that restricts data centers to industrial zones.

    A joint council committee work session on the task force bill is set for March 9.

    Get breaking news and daily headlines delivered to your email inbox by signing up here.

    © 2026 WTOP. All Rights Reserved. This website is not intended for users located within the European Economic Area.

    [ad_2]

    Kate Ryan

    Source link

  • Big AI Isn’t Waiting for the Backlash

    [ad_1]

    Photo-Illustration: Intelligencer; Photo: Getty Images

    Meta’s hard and early pivot into artificial intelligence hasn’t exactly gone as planned, with tens of billions of investment dollars sunk into middling models, departmental restructurings, and clashing visions. In technical terms, the company remains an AI also-ran. In another way, though, it’s emerging as an industry leader: It’s spending a ton of money on politics.

    Regarding regulation and national law, firms like Meta are, for now, in reasonably good shape. They have an administration that’s broadly deregulatory and specifically pro–AI industry and has mostly limited its threats of intervention to complaints about “wokeness” — a problem for a company like Anthropic, perhaps, but maybe less so for ones like Meta that preemptively ponied up and fell in line. Plenty of money will be spent by the AI industry on national politics, of course (OpenAI president Greg Brockman recently became a Trump PAC megadonor), but for now, AI firms are pushing further into state and local politics and Meta is spending a lot. According to the New York Times:

    Meta is preparing to spend $65 million this year to boost state politicians who are friendly to the artificial intelligence industry, beginning this week in Texas and Illinois, according to company representatives … Political operatives tied to A.I. interests have focused this election cycle on state capitols out of concern that states were developing a patchwork of laws that would stifle A.I. development.

    This, says the Times, is “the biggest election investment by Meta” so far and is focused, to start, on supporting AI-friendly Republicans in Texas and Democrats in Illinois. Meta isn’t alone here: A fleet of new PACs backed by other AI firms is funneling money into local and state elections across the country.

    What are these companies lobbying for, exactly? Their needs fit imperfectly into two categories. First, they want to fend off direct regulation of how AI products are built, used, and deployed. That includes avoiding “transparency” laws that often include risk audits, whistleblower protections, and frameworks for ensuring AI “safety,” in both the catastrophic and child-safety senses of the word. In this fight, AI firms have a useful ally in the federal government, which has been actively pressuring state lawmakers to drop the issue, most recently in Utah.

    Closer to the ground and a bit further from the national political discourse, for now, is the matter of data centers. Much of the money AI companies spend on AI — raised from investors, their own balance sheets, and, more recently, bond sales — goes into buying GPUs and leasing or building structures in which to put them. These structures then need huge amounts of power coming from either the grid or newly constructed generators of one type or another (if you’re xAI, this means standing up gas turbines without permits; if you’re Meta, this may look like partnering directly with a nuclear power plant). In addition to the staggering power needs, data centers use a lot of water. And despite their eye-popping costs to build and run, they barely create any jobs. For the sorts of communities being approached with these projects — places that may be persuaded to accept the mixed prospect of hosting an Amazon warehouse or, say, a massive new ICE detention center — AI data centers are uniquely unappealing. As a result, they encounter local resistance from across the political spectrum. According to the Financial Times:

    Over the past year, the White House has courted tech billionaires and gone out of its way to protect the AI industry’s agenda, fast-tracking permits for data centre construction and approving the sales of advanced chips to China while cracking down on states’ attempts to regulate chatbots … But across the US, citizens, clergy and elected officials in conservative communities are leading a grassroots rebellion against the rapid rollout of the technology.

    Data centers offer an almost perfectly sympathetic NIMBY cause. They’re a drain on local resources, straining infrastructure and driving up utility prices. They exist to support a technology about which people are fairly pessimistic across the political spectrum. They’re pitched as investments in an exciting future, but that future will unfold elsewhere while your town, now designated as an infrastructural non-place, is just stuck with a big jobless box that uses more power and water than everyone else combined.

    The surge in local lobbying isn’t about winning this argument — good luck with that! — so much as it’s about getting as much done as possible while the companies still can, buying support at the state level and breaking ground in as many municipalities as possible before data-center backlash becomes a universal condition of local politics in America. AI firms always talk about how they’re in a technological race with one another or against China in which every day counts. But they’re also in a race to take advantage of a brief domestic political moment during which they’re relatively unencumbered and haven’t yet been metabolized into American politics. At the national, state, and local levels, this may be as good as the AI industry will ever have it. And ahead of the midterms — not to mention the prospect of 2028 — it’s lobbying like it’s running out of time.


    See All



    [ad_2]

    John Herrman

    Source link

  • More data centers coming to Illinois as residents complain about noise, electric bills: What to know

    [ad_1]

    AURORA, Ill. (WLS) — Data centers are moving in. They power everything from streaming services to artificial intelligence, but critics say they are noisy and can jack up your electric bills.

    Now, the I-Team and ABC News are finding that more than 3,000 data centers are already operating nationwide, with at least 1,000 more planned. Some are in the Chicago area.

    ABC7 Chicago is now streaming 24/7. Click here to watch

    Companies point to economic benefits, but residents are raising concerns about noise and power usage.

    When David Szala moved into his Aurora home in 2015, he knew he was by a data center.

    “You can hear it as soon as you walk out. Fans, just constant with the noise,” Szala said.

    But in recent years, the CyrusOne data center campus has expanded significantly.

    Szala and his neighbor, Bryan Castro, both say they hear cooling fans all day and night, and sometimes, generators create more noise.

    “You feel it in your bones,” Szala said.

    Castro says the buzzing bounces through his backyard, which looked a lot different when he moved there in 2007.

    “You can feel the vibrations in the house,” Castro said. “This was 25 acres of nothing but forest.”

    Neighbors say CyrusOne put up a sound recorder to monitor noise levels and erected walls, but both residents ABC7 spoke with said the walls do not help much.

    “The noise doesn’t drop down and get stopped. The noise radiates from above,” Castro said.

    CyrusOne told the I-Team the noise issue is unique to their Aurora location, and it apologizes “for the impact this situation has had on our neighbors in Aurora. We take responsibility and are well underway with a three-phase engineering project.” The company says additional rooftop sound walls and other noise reduction equipment are on schedule for completion and “we anticipate continued improvement in sound levels.” The city of Aurora also says these steps should help.

    There is also a concern over the rising cost of electric bills.

    “Our electric bills this past year are probably 50% higher than they’ve been years past,” Castro said.

    CyrusOne says it understands that higher energy bills are a concern and it “pays for all electricity we consume at rates established through Illinois’ regulatory framework,” and that it takes steps with utilities to “protect households from cost volatility” and “moderate costs over time.”

    Illinois watchdog group Citizens Utility Board says the cost of improving the infrastructure for data centers can get passed on to consumers.

    “Some of them use a decent amount and some use massive amounts of electricity,” said Citizens Utility Board Executive Director Sarah Moskowitz. “The way that our power system is regulated, you have to build infrastructure, and then, it takes decades to pay it off.”

    Moskowitz continued, “What if the data centers don’t show up, or what if they are there for only a short period of time? Or, what if they don’t use as much electricity as they said? Then, they’re not going to be able to pay that off. And the rest of the customers, those of us who’ve been here, are left holding the bag.”

    ABC7 has also been covering public meetings over proposed data centers, and there are questions about water use and the environment.

    The I-Team and ABC News studied a private company’s Data Center Map and found that there are at least 4,302 data center projects across the U.S., large and small. Of those, 3,038 are currently operational, with another 1,203 either under construction or planned for construction. Sixty-one have acquired land.

    In Illinois, there are 164 operating data centers, with another 81 planned for construction. The largest state project planned is in Yorkville. It would be 2 Gigawatts, and according to ABC7 data team, would use the same energy that would power approximately 1.7 million homes. That’s more than every home in the city of Chicago.

    Industry experts say the facilities are needed for modern digital infrastructure and can benefit the economy.

    “So, for poor communities that specifically need a big increase in tax revenue, data centers are really good for that. They’re really not very good for jobs. They create a lot of construction jobs, and then a few additional maintenance jobs. But they create very few jobs relative to the resources that they use,” said Effective Altruism DC Director and artificial intelligence expert Andy Masley.

    The Illinois Pollution Control Board says that there have been no noise enforcement proceedings for data centers in the entire state, in 2025, and there are no open cases right now.

    “They have to build these things to support what’s going with computers, but they need to keep them away from neighborhoods,” Castro said.

    Illinois state legislators recently introduced a bill that could require data centers to reveal how much water and energy they are using. The bill could also limit the amount of energy costs passed on to consumers.

    You can watch more on “Data Land USA: AI on overdrive next door” on Tuesday morning on “Good Morning America” and throughout the day on ABC News.

    Copyright © 2026 WLS-TV. All Rights Reserved.

    [ad_2]

    Jason Knowles

    Source link

  • As AI data centers hit power limits, Peak XV backs Indian startup C2i to fix the bottleneck | TechCrunch

    [ad_1]

    Power, rather than compute, is fast becoming the limiting factor in scaling AI data centers. That shift has prompted Peak XV Partners to back C2i Semiconductors, an Indian startup building plug-and-play, system-level power solutions designed to cut energy losses and improve the economics of large-scale AI infrastructure.

    C2i (which stands for control conversion and intelligence) has raised $15 million in a Series A round led by Peak XV Partners, with participation from Yali Deeptech and TDK Ventures, bringing the two-year-old startup’s total funding to $19 million.

    The investment comes as data-center energy demand accelerates worldwide. Electricity consumption from data centers is projected to nearly triple by 2035, per a December 2025 report from BloombergNEF, while Goldman Sachs Research estimates data-center power demand could surge 175% by 2030 from 2023 levels — the equivalent of adding another top-10 power-consuming country.

    Much of that strain comes not from generating electricity but from converting it efficiently inside data centers, where high-voltage power must be stepped down thousands of times before it reaches GPUs. This process currently wastes about 15% to 20% of energy, C2i’s co-founder and CTO Preetam Tadeparthy said in an interview.

    “What used to be 400 volts has already moved to 800 volts, and will likely go higher,” Tadeparthy told TechCrunch.

    Founded in 2024 by former Texas Instruments power executives Ram Anant, Vikram Gakhar, Preetam Tadeparthy, and Dattatreya Suryanarayana, along with Harsha S. B and Muthusubramanian N. V, C2i is redesigning power delivery as a single, plug-and-play “grid-to-GPU” system spanning the data-center bus to the processor itself.

    C2i co-founders Vikram Gakhar, Preetam Tadeparthy, Ram Anant, and Dattatreya Suryanarayana (Left to right)Image Credits:C2i

    By treating power conversion, control and packaging as an integrated platform, C2i estimates it can cut end-to-end losses by around 10% — roughly 100 kilowatts saved for every megawatt consumed — with knock-on effects for cooling costs, GPU utilisation and overall data-center economics.

    Techcrunch event

    Boston, MA
    |
    June 23, 2026

    “All that translates directly to total cost of ownership, revenue, and profitability,” Tadeparthy said.

    For Peak XV Partners (which split from Sequoia Capital in 2023), the attraction lies in how power costs shape the economics of AI infrastructure at scale. Rajan Anandan, the venture firm’s managing director, told TechCrunch that after the upfront capital investment in servers and facilities, energy costs become the dominant ongoing expense for data centers, making even incremental efficiency gains highly valuable.

    “If you can reduce energy costs by, call it, 10 to 30%, that’s like a huge number,” Anandan said. “You’re talking about tens of billions of dollars.”

    The claims will be tested quickly. C2i expects its first two silicon designs to return from fabrication between April and June, after which the startup plans to validate performance with data-center operators and hyperscalers that have asked to review the data, according to Tadeparthy.

    The Bengaluru-based startup has built a team of about 65 engineers and is setting up customer-facing operations in the U.S. and Taiwan as it prepares for early deployments.

    Power delivery is one of the most entrenched parts of the data-center stack, long dominated by large incumbents with deep balance sheets and years-long qualification cycles. While many newer companies focus on improving individual components, redesigning power delivery end-to-end requires coordinating silicon, packaging, and system architecture simultaneously — a capital-intensive approach that few startups attempt and one that can take years to prove in production environments.

    Anandan said the real question now is execution, noting that all startups face technology, market, and team risks when betting on how industries evolve. In C2i’s case, he said, the feedback loop should be relatively short. “We’ll know in the next six months,” said Anandan, pointing to upcoming silicon and early customer validation as the moment when the thesis will be tested.

    The bet also reflects how India’s semiconductor design ecosystem has matured in recent years.

    “The way you should look at semiconductors in India is, this is like 2008 e-commerce,” said Anandan. “It’s just getting started.”

    He pointed to the depth of engineering talent — with a growing share of global chip designers based in the country — alongside government-backed design-linked incentives that have lowered the cost and risk of tape-outs, making it increasingly viable for startups to build globally competitive semiconductor products from India rather than operate only as captive design centers.

    Whether those conditions translate into a globally competitive product will become clearer over the coming months, as C2i begins validating its system-level power solutions with customers.

    [ad_2]

    Jagmeet Singh

    Source link

  • orgent’s IPO is ‘bringing sexy back’ to the electrical equipment helping power the AI boom, CEO says | Fortune

    [ad_1]

    The data center and power sectors are booming because of the global AI race but, quietly, so too is the electrical distribution equipment industry that connects the electricity to the Big Tech campuses.

    That’s why Forgent Power Solutions—a combination of four legacy companies put together by private equity—was branded less than a year ago and quickly went public with a successful initial public offering in February, growing to a market cap of nearly $8 billion.

    “I made a joke in one of the investor sessions that we’re bringing sexy back in the electrical distribution space,” Forgent CEO Gary Niederpruem told Fortune.

    Forgent serves three end markets—data centers, power grids, and industrial—and all are expanding, he said.

    The data center segment is growing the fastest right now, and Niederpruem expects that to continue, noting the data center sector was largely cloud-based for the past 20 years, which remains a growth area.

    “The AI piece has come on relatively recently, and it’s just icing on the cake. There’s no doubt AI has added an accelerant,” he said. After all, Forgent’s order backlog had quickly grown by 45% near the end of 2025.

    The newly birthed Forgent is competing with a lot of much bigger players that have broader industry offerings, including Vertiv (where Niederpruem used to work), Eaton Corp. Schneider Electric, and GE Vernova. Their market caps range from Vertiv’s $88 billion—up nearly 1,000% since going public in 2020—to GE Vernova at $217 billion.

    To compete, Niederpruem said Forgent focuses its four product families—transformers, switchgear equipment, transfer switches, and prefabricated solutions—on bespoke offerings. Forgent engages early in the planning and delivers with speed and scale to meet detailed specifications to help connect everything from behind-the-meter gas-fired power plants to utility-scale solar farms.

    Perfect timing for the AI boom

    Forgent’s origin story was marked by rapid consolidation and growth. Peter Jonna left Oaktree Capital Management and founded Neos Partners in 2022 with a private equity investment thesis focused largely on utilities and electrification—a perfect fit for the new AI infrastructure boom.

    Within two years, Neos acquired 50-year-old MGM Transformers out of California, States Manufacturing from Minnesota, PwrQ out of Maryland, and Texas-based VanTran Transformers.

    They focused on integration and expansion, spending $205 million to build 1.8 million square feet of manufacturing space nationwide—including near the Dayton, Minnesota headquarters—upping the total square footage to 2.3 million. Niederpruem came on board as CEO over a year ago and, after a quiet period, launched the Forgent brand name in August, designed to mean they’re “forging ahead” with their customers.

    Niederpruem said they knew “pretty early on” the IPO route was the best exit strategy. “Because of the rate at which we were growing, we knew we were going to have some size and scale that really lent itself best to the public equity markets.”

    Niederpruem spent much of his 30-year career at Emerson Electric and its subsidiaries, including Emerson Network Power, which was eventually sold and rebranded as Vertiv. He continued to work there for another five years until 2022, including helping take Vertiv public in 2020. He later served as CEO of the energy conservation firm Cenergistic, and then took the leadership role at Forgent.

    “When Neos called with this opportunity, I knew this was right in my wheelhouse and that this is in my blood and in my DNA,” he said, adding that the experience spinning out and going public with Vertiv prepared him for the Forgent roadshow and IPO process.

    Now, he said, he just has to focus on growing the business. “All of our [segments] are growing at tremendous rates. We think the math behind each one of those is not only robust, but very durable.”

    [ad_2]

    Jordan Blum

    Source link

  • New York lawmakers introduce bill that aims to halt data center development for three years

    [ad_1]

    On Friday, New York State Senators Liz Krueger and Kristen Gonzales introduced a bill that would stop the issuance of permits for new data centers for at least three years and ninety days to give time for impact assessments and to update regulations. The bill would require the Department of Environmental Conservation and Public Service Commissions to issue impact statements and reports during the pause, along with any new orders or regulations that they deem necessary to minimize data centers’ impacts on the environment and consumers in New York.

    The bill would require these departments to study data centers’ water, electricity and gas usage, and their impact on the rates of these resources, among other things. The bill, citing a Bloomberg analysis, notes that, “Nationally, household electricity rates increased 13 percent in 2025, largely driven by the development of data centers.” New York is the sixth state this year to introduce a bill aiming to put the brakes on data centers, following in the footsteps of Georgia, Maryland, Oklahoma, Vermont and Virginia, according to Wired. It’s still very much in the early stages, and is now with the Senate Environmental Conservation Committee for consideration.

    [ad_2]

    Cheyenne MacDonald

    Source link

  • New York lawmakers propose a three-year pause on new data centers | TechCrunch

    [ad_1]

    New Yorker state lawmakers have introduced a bill that would impose a moratorium of at least three years on permits tied to the construction and operation of new data centers. While the bill’s prospects are uncertain, Wired reports that New York is at least the sixth state to consider pausing construction of new data centers. 

    As tech companies plan to spend ever-increasing amounts of money to build AI infrastructure, both Democrats and Republicans have expressed concerns about the impact those data centers might have on surrounding communities. Studies have also linked data centers to increased home electricity bills.

    Critics include progressive Senator Bernie Sanders, who has called for a national moratorium, as well as conservative Florida Governor Ron De Santis, who said data centers will lead to “higher energy bills just so some chatbot can corrupt some 13 year old kid online.”

    More than 230 environmental groups including Food & Water Watch, Friends of the Earth, and Greenpeace recently signed an open letter to Congress calling for a national moratorium on the construction of new data centers.

    Eric Weltman of Food & Water Watch told Wired that the New York bill — sponsored by state senator Liz Krueger and assemblymember Anna Kelles, both Democrats — was “our idea.” Data center pauses have also been proposed by Democrats in Georgia, Vermont, and Virginia, while Republicans sponsored similar bills in Maryland and Oklahoma.

    According to Politico, Krueger described her state as “completely unprepared” for the “massive data centers” that are “gunning for New York.”

    “It’s time to hit the pause button, give ourselves some breathing room to adopt strong policies on data centers, and avoid getting caught in a bubble that will burst and leave New York utility customers footing a huge bill,” she said.

    Techcrunch event

    Boston, MA
    |
    June 23, 2026

    Last month, New York Governor Kathy Hochul announced a new initiative called Energize NY Development, which her office said would both modernize the way large energy users (i.e., data centers) would connect to the grid while also requiring them to “pay their fair share.”

    [ad_2]

    Anthony Ha

    Source link

  • What Wolfspeed needs to wake up its very quiet Chatham County factory

    [ad_1]

    Wolfspeed’s new materials factory near Siler City, North Carolina, in December 2025. The company is currently meeting its demand through other facilities.

    Wolfspeed’s new materials factory near Siler City, North Carolina, in December 2025. The company is currently meeting its demand through other facilities.

    bgordon@newsobserver.com

    I’m Brian Gordon, tech reporter for The News & Observer, and this is Open Source, a weekly newsletter on business, labor and technology in North Carolina.

    Wolfspeed has pivoted before. Until the early 2020s, the large Durham company made both LED lights and a unique semiconductor called silicon carbide. Then, faced with subsidized competition out of China, Wolfspeed ditched its LED division and its original name (Cree) to become, as they say in the business, a “pure-play” silicon carbide supplier.

    Today, the chipmaker isn’t diversifying from silicon carbide, but four months removed from bankruptcy, it aspires to evolve again. “At the end of the day, what we’re doing is we’re pretty much looking to pivot away from being a one-trick pony focused on EVs,” Wolfspeed CEO Robert Feurle told investors on an earnings call Wednesday.

    Under his predecessor, Wolfspeed bet big on a U.S. electric vehicle revolution powered by lighter, hyperefficient silicon carbide chips. It took out massive loans to finance new SiC factories in New York State and North Carolina’s Chatham County, debt that hastened its plunge into Chapter 11. The company’s creditors became its new shareholders post-bankruptcy; its old shareholders got pennies on the dollar.

    The restructured chipmaker now wants its silicon carbide in more places while spending less money. Wolfspeed has officially closed its 150-millimeter device factory in Durham and reduced its total workforce by roughly one-third in the year leading up to bankruptcy. It made additional layoffs in North Carolina this fall. Such efforts have contributed to $200 million in annual operating expense savings, Wolfspeed reported this week.

    Its Chatham County materials factory near Siler City is finished but largely dormant due to lack of demand, a massive gray complex surrounded by empty parking lots. What could revive this promised 1,800-worker plant?

    A surge in new EV sales is one answer. Yet while electric vehicles remain its largest segment, Wolfspeed wants to expand more into defense and aerospace, materials (supplying silicon carbide to other manufacturers), and energy. Like many, it has identified data centers as a growth area: Wolfspeed SiC chips can be used in the solid-state transformers and cooling apparatuses that keep these proliferating facilities humming.

    Wall Street didn’t love what Wolfspeed reported this week. Its stock slumped 10% as the company missed earnings expectations. The chipmaker also lowered its future revenue guidance, which it attributed to elevated sales from customers rushing orders last quarter before the Durham device factory closed. In an analyst note this week, the investment firm Susquehanna also noted “continuing weakness in EVs.”

    “Overall, while results were largely disappointing, we look forward to learning more on how the company intends [to] transform the business to better capture its opportunity in SiC, particularly in Data Centers,” Susquehanna wrote. The firm dropped its Wolfspeed target share price from $20 to $15. (For those who remember the company’s shares recently hovering around $1, its Chapter 11 restructuring makes before-and-after price comparisons apples to oranges.)

    Another salvation for the Siler City plant may lie in something Wolfspeed announced last month: a new 300-millimeter SiC wafer. A substrate of this size isn’t for power devices in products like electric vehicles. That’s what 200-millimeter silicon carbide wafers are for. Wolfspeed envisions 300mm wafers will be applied “beyond” power devices — like in the optical glass of future virtual reality systems. Or to improve thermal conductivity within, yes, data centers.

    On Wednesday’s call, an investor asked Feurle if he foresees interest in 300mm silicon carbide wafers jumpstarting the Siler City factory. The CEO said Wolfspeed is ready to scale when demand “picks up.” He then offered the glass-half-full view of having an underused North Carolina factory: A company conscious of future spending already has it built.

    The Durham semiconductor chipmaker Wolfspeed celebrated the “topping out” of its Chatham County facility near Siler City on March 26, 2024. Construction on the site began the previous June.
    The Durham semiconductor chipmaker Wolfspeed celebrated the “topping out” of its Chatham County facility near Siler City on March 26, 2024. Construction on the site began the previous June. Brian Gordon bgordon@newsobserver.com

    Clearing my cache

    • Raleigh software provider Pendo has acquired its fourth company in the past year and a half. Its latest buy is the product management software firm Chisel Labs, which has dual headquarters in California and India.
    • Wells Fargo, one of North Carolina’s largest employers, is laying off 112 people in Raleigh.
    • Siemens Energy vows to grow its local manufacturing footprint to the tune of $421 million and 500 more jobs across Charlotte, Winston-Salem and Raleigh. Data centers and broader electrification needs are driving this announcement, the company said. Siemens also pledged new investments in Alabama, Mississippi, Texas, Florida and New York.
    • The City of Durham won’t consider a surveillance software that critics feared could help the federal government assist in immigration raids. Durham Police Chief Patrice Andrews said this software, from Peregrine Technologies, would help the city establish a “mission control center” to solve crimes faster.
    • Duke University professor Dan Ariely appeared in more than 700 of the latest Epstein files, including one where he inquired about a “redhead” he wished to see again. “My correspondence with him was infrequent, largely logistical pertaining to conferences and academia, and was often mediated by assistants,” Ariely wrote in an email to The N&O on Monday. “Importantly, there was zero financial, professional, or ongoing relationship.” A well-known behavioral psychologist and economist, Ariely sparked past controversy around manipulated data that appeared in his research on honesty.
    • Pro-union Amazon workers and supporters plan to protest the e-commerce company starting this weekend at three Durham facilities as part of the independent union Carolina Amazonians for Solidarity and Empowerment’s push to organize in the Bull City.

    National Tech Happenings

    • Tech stocks took a beating as investors forecast new AI tools like Claude eating into company revenues. Bitcoin has tumbled so far in 2026 too.
    • The buzzy thing in tech this week is Moltbook, a social media site with only AI chatbot contributors.
    • Chinese cars are effectively banned in the United States market due to restrictions on China-based automotive software. But if that ever changes (and President Trump has hinted it could), then U.S. customers will have several high-quality options, according to journalists who recently test-drove Chinese vehicles.
    • “Everyone is stealing TV,” writes The Verge, ahead of this weekend’s big football game. From sketchy sites to rogue streaming boxes, there are more ways for people to watch without paying for numerous subscriptions. BTW, as a bitter Bills fan, I hope the Patriots lose by 40.

    Thanks for reading! And for those interested in higher education happenings in North Carolina, The News & Observer has a new newsletter called Higher Stakes from our new higher education reporter, Jane Winik Sartwell. You can sign up for it, and all other N&O newsletters, here.

    This story was originally published February 6, 2026 at 9:13 AM.

    Related Stories from Raleigh News & Observer

    Brian Gordon

    The News & Observer

    Brian Gordon is the Business & Technology reporter for The News & Observer and The Herald-Sun. He writes about jobs, startups and big tech developments unique to the North Carolina Triangle. Brian previously worked as a senior statewide reporter for the USA Today Network. Please contact him via email, phone, or Signal at 919-861-1238.

    [ad_2]

    Brian Gordon

    Source link

  • Adelphi University plans $55M modernization project on Garden City campus | Long Island Business News

    [ad_1]

    THE BLUEPRINT:

    • ‘s modernization project is expected to cost $55 million

    • Plans include major upgrades to Hagedorn Hall and the Science Building

    • approved up to $125M in tax-exempt bond financing

    • Project could create 100 construction jobs and run through 2029

    Adelphi University is planning a $55 million modernization project for its 75-acre Garden City campus.

    The campus is set for a series of strategic upgrades, from athletic field replacements and a new student computer science lab to enhanced data center capabilities, improved learning management systems and modernized heating, ventilation and air-conditioning (HVAC) infrastructure.

    Most of the work will focus on modernizing and equipping Hagedorn Hall and the Science Building. The upgrades include updated chillers, HVAC, windows and data center. There are also plans to undertake deferred maintenance of the university’s buildings, facilities and infrastructure.

    The Town of Hempstead Local Development Corp. (LDC) on Tuesday announced that it approved the sale of up to $125 million in on behalf of Adelphi to support the capital improvement, and to perhaps refinance previously issued bonds.

    The  LDC – which provides low-interest, tax-exempt bonds to not-for-profits, educational institutions, hospitals, civic entities, or charitable organizations within the town – approved the bond sale at its Jan. 27 meeting.

    The bonds, to be underwritten by Hilltop Securities of Dallas, Texas, will be repaid by Adelphi and secured by a first-mortgage lien on the university’s land and buildings. There is no out-of-pocket cost to Town of Hempstead taxpayers.

    Adelphi is considering using bond-sale proceeds to refund all or a portion of its outstanding revenue bonds sold in 2013 and 2014. The current principal amounts total more than $35 million and over $21 million, respectively.

    “There is no doubt that the sale of these new bonds will benefit Adelphi University, its students, and have a positive impact on the economics of the surrounding communities,” Fred Parola, executive director of the LDC, said in a news release about the .

    Adelphi plans to begin the project by March, with most of the work to be conducted during the summers of 2026, 2027 and 2028. The university expects to complete the work in 2029.

    Adelphi has 1,006 full-time jobs and 1,115 part-time positions in Garden City. The proposed project is expected to generate 100 construction jobs.

     


    [ad_2]

    Adina Genn

    Source link

  • Amazon AWS CEO Matt Garman pushes back against Elon Musk’s space data centers plan | Fortune

    [ad_1]

    Amazon has more than 900 data centers spread across the planet. And if you ask Matt Garman, the CEO of Amazon Web Services, that is exactly where they’ll stay for the foreseeable future. 

    Speaking at a tech conference in San Francisco on Tuesday, Garman threw some cold water on the notion of space-based data centers, which have been touted by Elon Musk and others as the future of AI. 

    While putting AI data centers in space has obvious benefits, including the ability to harness energy directly from the sun and the ability to cool the heat-generating equipment in the cold atmosphere of space, Garman said there are also some big obstacles to putting data centers in space or on other planets. Chief among them is the cost of transporting equipment. 

    “I don’t know if you’ve seen a rack of servers lately: They’re heavy,” Garman said in an interview at the Cisco AI Summit in answer to a question about the viability of space-based data centers. “And last I checked, humanity has yet to build a permanent structure in space. So … maybe.”

    The comments come one day after Musk announced the merger of SpaceX, his rocket company, with his AI company, xAI, in a deal that reportedly values the combined companies at a staggering $1.25 billion. 

    “The capabilities we unlock by making space-based data centers a reality will fund and enable self-growing bases on the Moon, an entire civilization on Mars, and ultimately expansion to the Universe,”  Musk wrote in a blog post Monday announcing the deal.

    The modern data centers that power AI services, including chatbots like OpenAI’s ChatGPT and xAI’s Grok, are massive behemoths that can span millions of square feet and are packed with so much hardware that they have to be built on top of reinforced concrete slabs.

    Musk’s SpaceX has a successful track record of launching thousands of its internet-beaming Starlink satellites into orbit on its Falcon rockets, and Musk has floated ambitious plans to use its Starship rocket to launch as many as 1 million satellites into space—an amount that’s far greater than the total number of objects launched into space in history. The blizzard of Starlink launches would lead to improvements in SpaceX’s rockets that will make space based data centers a reality, Musk wrote on Monday, though he did not provide a timeline for when he expected it to happen.

    Amazon has plans to create a constellation of internet beaming satellites, dubbed Leo, to compete with SpaceX’s Starlink. The company has earmarked $10 billion for the project, according to CNBC, but progress has been slow, with Amazon recently asking the U.S. FCC to extend the timeline to launch 1,600 Leo satellites. 

    Garman cited Musk’s 1-million-satellite plan during the Tuesday talk, and acknowledged that improvements in fuel and other aspects will make transportation into space less expensive. But for now, he stressed, the costs are a major bottleneck. 

    This story was originally featured on Fortune.com

    [ad_2]

    Alexei Oreskovic

    Source link

  • Forget AI Stocks: This REIT Could Be Your Ticket to AI Profits

    [ad_1]

    AI stocks have been the hot trade over the past year. Companies like Nvidia have made a mint by developing GPUs and other chips for data centers training AI models. The semiconductor’s data center revenue has exploded 66% over the past year. That has helped drive a nearly 50% surge in Nvidia’s stock price in the last 12 months.

    However, the Nvidias of the world aren’t the only ticket to AI profits. AI companies need physical real estate to house all their Nvidia Blackwell GPUs and other tech hardware to support their AI ambitions. That’s opening the doors to a generational value-creation opportunity for Prologis (NYSE: PLD) to leverage its expertise in constructing powered building shells to cash in on the AI megatrend.

    Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »

    Image source: Getty Images.

    Prologis is one of the world’s largest real estate investment trusts (REITs). It has a nearly irreplaceable portfolio of roughly 5,900 buildings totaling 1.3 billion square feet across 20 countries. Prologis has developed many of these buildings from the ground up.

    The leading industrial REIT‘s development experience has led it to build a vast land bank to support its future growth. It has enough land to support $42.6 billion in total future investments. Prologis has also become a leader in installing solar and battery storage systems at its sites to provide for its customers’ power needs, installing over 1 gigawatt (GW) across its portfolio.

    Prologis’s experience in constructing powered building shells has led it to start investing developing data centers. It’s building these facilities on some of its land bank.

    The world needs to invest a staggering $7 trillion in data centers by 2030 to keep pace with the growth in compute power, according to McKinsey Research. Prologis is working to secure a slice of this massive opportunity. It has started developing modern AI-enabled buildings to suit the needs of large-scale data center operators. It will build facilities from the ground up or convert existing warehouses to data centers.

    Prologis believes that it can build up to 10 GW of data center capacity over the next decade. That would require an investment of $30 billion to $50 billion. The company estimates that this investment has the potential to create $7.5 billion to $25 billion in value for its shareholders. That’s due to the very lucrative economics of data center development projects. While each project costs $150 million to $500 million (much higher than a warehouse, which costs between $25 million and $75 million), the development yields are also much higher at 7.5% to 10% compared to 6%-7% for a warehouse development.

    Companies need physical space in data centers with secure power sources to support their AI operations. That has opened the doors to a very lucrative opportunity for Prologis to leverage its development experience, power expertise, and land bank to build data centers. These investments should be highly profitable for the REIT, making it a great way to grab some AI profits without chasing high-flying AI stocks like Nvidia.

    Before you buy stock in Prologis, consider this:

    The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Prologis wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

    Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you’d have $450,256!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $1,171,666!*

    Now, it’s worth noting Stock Advisor’s total average return is 942% — a market-crushing outperformance compared to 196% for the S&P 500. Don’t miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.

    See the 10 stocks »

    *Stock Advisor returns as of February 1, 2026.

    Matt DiLallo has positions in Prologis. The Motley Fool has positions in and recommends Nvidia and Prologis. The Motley Fool has a disclosure policy.

    Forget AI Stocks: This REIT Could Be Your Ticket to AI Profits was originally published by The Motley Fool

    [ad_2]

    Source link

  • A TikTok US power outage caused a ‘cascading systems failure’ leading to multiple bugs

    [ad_1]

    If your TikTok feed has felt a little off lately, it’s not just you. TikTok says is still working to fix its service in the US following a power outage at one of its data centers that’s caused “multiple bugs” in the app. TikTok users have reported problems logging in and uploading videos, as well as strange behavior from the “for you” algorithm. Creators have also noticed that new uploads are seemingly getting o views or likes and that in-app earnings have disappeared.

    “Since yesterday we’ve been working to restore our services following a power outage at a U.S. data center impacting TikTok and other apps we operate,” the company wrote in a statement Monday. “We’re working with our data center partner to stabilize our service. We’re sorry for this disruption and hope to resolve it soon.”

    In a subsequent update several hours later, the company said that the power outage had caused a “cascading systems failure” that is still affecting the app and leading to “multiple bugs,” including those affecting view counts and load times. “Creators may temporarily see ‘0’ views or likes on videos, and your earnings may look like they’re missing,” the company wrote in an update on X. “This is a display error caused by server timeouts; your actual data and engagement are safe.”

    The statement didn’t directly address reported issues with the app’s recommendation algorithm. Since Sunday, users have reported seeing a wave of generic videos flood their feeds, which are typically hyper-personalized. Other users have reported seeing the same few videos repeated over and over again.

    The issues come just days after TikTok finalized a deal to spin off its US business into a separate entity largely controlled by US investors. That timing hasn’t gone unnoticed by users, many of whom are already suspicious of the company pushing a terms of service and privacy policy in the hours after the deal was finalized. The problems affecting the app’s recommendation algorithm have also raised questions about TikTok USDS Joint Venture’s plans to “retrain” TikTok’s central feature.

    Update, January 26, 2026, 4:18PM PT: This post has been updated to include additional information from TikTok about the outage and bugs affecting users.

    [ad_2]

    Karissa Bell

    Source link

  • Saudi Arabia’s Futuristic Megacity Runs Into Dilemma: Why Build Housing When You Can Build a Data Center?

    [ad_1]

    Saudi Crown Prince Mohammed bin Salman had a vision for the perfect city: no streets, no cars, a completely sustainable environment that has everything a person could need. He’s apparently willing to settle on just building some data centers. According to the Financial Times, the much-maligned plans for a megacity project known as Neom are set to be downsized from their original ambitions and may go from being a hub for humans to a hub for AI. Sounds about right.

    The Line, the most famous high-profile facet of Neom, was initially imagined as a fully contained city that would primarily exist in a linear design, stretching 110 miles long with walls that climbed up 1,600 feet, though the whole thing would be just 660 feet wide. It’d be able to house up to nine million people, and anyone would be able to cross from one end of the city to the other in just 20 minutes via subway.

    One of many satellite outposts envisioned for The Line. © Kingdom of Saudi Arabia.

    Shockingly, realizing that dream has proved difficult. While Saudi Arabia broke ground on the project in 2022, it has been plagued with delays, setbacks, and sizable budget overruns. It didn’t take long for developers to start pushing back on some of the more outlandish ideas in the project, like an upside-down building that would hang from a bridge. Last year, the CEO overseeing Neom abruptly quit, and there were rumblings that the project would go from a full-fledged futuristic city to something more like a small proof of concept for what could be done down the road.

    Now it seems like even that level of ambition feels out of reach. Per the Financial Times, the latest on the project is that it’ll be “far smaller” than initially planned, and may even cease to be a city at all. The report suggests that Neom could pivot to become a hub for data centers, in line with Prince Mohammed’s design to make Saudi Arabia a major player in the AI space.

    Artist mock-up of the original plans for The Line.
    © Kingdom of Saudi Arabia.

    The failure of The Line, predictable as it is, would be much funnier if not for the high human cost that has endured for the doomed project. To secure the land for the project, the Saudi government evicted people from their homes and even executed three people for refusing to vacate. Much of the construction has been done by migrant workers who have been exposed to slavery-like conditions, and reports from human rights groups indicate that dozens have died and many more have sustained serious injury while working on the project.

    All that to ultimately power some chatbots. Some lines don’t need to be drawn.

    [ad_2]

    AJ Dellinger

    Source link

  • Microsoft announces glut of new data centers but says it won’t let your electricity bill go up | TechCrunch

    [ad_1]

    Although public backlash against data centers has been intense over the past 12 months, all of the tech industry’s biggest companies have promised additional buildouts of AI infrastructure in the coming year. That includes OpenAI partner Microsoft, which, on Tuesday, announced what it calls a “community-first” approach to AI Infrastructure.

    Microsoft’s announcement, which comes only a day after Mark Zuckerberg said that Meta would launch its own AI infrastructure program, isn’t unexpected. Last year, the company announced that it planned to spend billions to expand its AI capacity. What is a little unusual are the promises the company has now made about how it will handle that buildout.

    On Tuesday, Microsoft promised to take the “steps needed to be a good neighbor in the communities where we build, own, and operate our data centers.” That includes, according to the company, its plans to “pay its own way” to ensure that local electricity bills don’t go through the roof in the places where it builds. Specifically, the company says it will work with local utility companies to ensure that the rates it pays cover its full share of its burden on the local grid.

    “We will work closely with utility companies that set electricity prices and state commissions that approve these prices,” Microsoft said. “Our goal is straightforward: to ensure that the electricity cost of serving our data centers is not passed on to residential customers.”

    The company has also promised to create jobs in the communities where it touches down, as well as to minimize the amount of water that its centers need to function. Water usage by data centers has obviously been a contentious topic, with data centers accused of creating substantial issues for local water supplies and spurring other environmental concerns. The jobs promise is also relevant, given lingering questions around the number of both short-term and permanent jobs that such projects typically create.

    It’s pretty clear why Microsoft feels it is necessary to make these promises right now. Data center construction has become a political flashpoint in recent years, generating intense backlash and protest from local communities. Data Center Watch, an organization that tracks anti-data center activism, has observed that there are as many as 142 different activist groups across 24 states currently organizing against such developments.

    This backlash has already impacted Microsoft directly. In October, the company abandoned plans for a new data center in Caledonia, Wisconsin, after “community feedback” was overwhelmingly negative. In Michigan, meanwhile, the company’s plans for a similar project in a small central township have recently inspired locals to take to the streets in protest. On Tuesday, around the same time Microsoft announced its “good neighbor” pledge, an op-ed in an Ohio newspaper (where Microsoft is currently developing several data center campuses) excoriated the company, blaming it and its peers for climate change.

    Techcrunch event

    San Francisco
    |
    October 13-15, 2026

    Concerns have extended even to the White House, where an AI buildout has become one of the major tenets of the Trump administration. On Monday, President Trump took to social media to promise that Microsoft specifically would make “major changes” to ensure that Americans’ electricity bills wouldn’t rise. Trump said the changes would “ensure that Americans don’t ‘pick up the tab’ for their power consumption.”

    In short, by now, Microsoft understands that it’s fighting a tide of negative public opinion. It remains to be seen whether the company’s new assurances of jobs, environmental stewardship, and low electricity bills will be enough to turn the tide.

    [ad_2]

    Lucas Ropek

    Source link

  • Trump Claims He and Microsoft Have a Solution for AI-Related Utility Price Spikes

    [ad_1]

    President Donald Trump did what he does on Monday evening and posted to his social media app, this time about how Microsoft isn’t going to cause our bills to spike by creating massive amounts of new energy demand with its AI projects.

    First of all, the president claims to “never want Americans to pay higher Electricity bills because of Data Centers,” which is a nice thought, although someone should tell him it looks like the thing he dreads has already happened. At any rate, what he’s teasing with Microsoft is, he claims, the first of multiple energy-related projects with big tech companies. To that end, he writes:

    “First up is Microsoft, who my team has been working with, and which will make major changes beginning this week to ensure that Americans don’t ‘pick up the tab’ for their POWER consumption, in the form of paying higher Utility bills. We are the ‘HOTTEST’ Country in the World, and Number One in AI. Data Centers are key to that boom, and keeping Americans FREE and SECURE but, the big Technology Companies who build them must ‘pay their own way.’ Thank you, and congratulations to Microsoft. More to come soon! President DJT”

    As Gizmodo wrote last summer, electricity demand from the massive data centers that are being used to train and run AI models has driven the average American’s power bill up, and the amount varies from place to place. On average, consumer energy bills had gone up about 6.5% in a year when that story emerged over the summer, but in, for instance, Maine, they had spiked by an astonishing 36.3%, and that’s reportedly due to the “AI tax.” Meanwhile, utility companies like Pacific Gas & Electric have reported record profits in recent years. Funny how that works.
     
    It’s truly anyone’s guess how Trump and Microsoft are going to fix this issue. Trump is making overtures toward ostensible economic populism lately—seemingly in the form of deals he can tout for a short-term win, like when he got Novo Nordisk to lower the price of Ozempic. Democrats on the House Ways and Means Committee followed that mysterious deal up with a letter to Novo Nordisk asking about what might have been included in the still-secret terms of that agreement—including some unsettling ambiguity about the future prices of other drugs. But who wants to hear about the puny Democrats’ dumb letter when President Deals successfully slashed the price of what he has nicknamed “the fat drug”?

    But keeping energy bills down is tricky for Microsoft to do since, unlike Novo Nordisk, Microsoft doesn’t actually set the price Trump is trying to keep down. One thing Trump could have demanded of Microsoft, then, is that Microsoft simply subsidize everyone’s energy bills. That would do the trick, but last I checked Microsoft wasn’t a charity.

    It was reported six days ago, however, that Microsoft is already working with the Midcontinent Independent System on a project aimed at modernizing the power grid with Microsoft’s technology. Reuters writes that Microsoft’s tech will help with “predicting and responding to weather-related power grid disruptions, transmission line planning, and accelerating certain operations.” 

    This doesn’t sound like a slam dunk for bringing down energy costs dramatically, but it’s easy to imagine broader grid modernization at least dispersing the price spikes more evenly, or even helping to integrate unused renewable energy and ease the famous bottlenecks cause by the outdated energy grid. But is this, or something like it, what Trump is referring to? For his own sake I hope not, because it sounds like the type of confusing and convoluted plan more typically associated with flailing Democrats, not with Mr. Cheap Ozempic.

    Gizmodo reached out to Microsoft and the White House for further details about this plan. We will update if we hear back. 

    [ad_2]

    Mike Pearl

    Source link

  • Airloom will showcase its new approach to wind power at CES

    [ad_1]

    One of the many concerns about artificial intelligence these days is how the rush to build data centers is impacting local communities. Data centers can create a drain on resources, and some utility companies have already said customers can expect to see their electricity bills growing as these facilities increase demand. There have been some discussions of what other power sources could support the AI engine, and wind power specialist Airloom is one company that’s looking to address the problem. Ahead of the business’ upcoming appearance at CES, we’ve learned a bit about what Airloom has accomplished this year and what it is aiming for next.

    Rather than the very tall towers typically used for this approach, Airloom’s structures are 20 to 30 meters high. They are comprised of a loop of adjustable wings that move along a track, a design that’s akin to a roller coaster. As the wings move, they generate power just like the blades on a regular wind turbine do. Airloom claims that its structures require 40 percent less mass than a traditional one while delivering the same output. It also says the Airloom’s towers require 42 percent fewer parts and 96 percent fewer unique parts. In combination, the company says its approach is 85 percent faster to deploy and 47 percent less expensive than horizontal axis wind turbines. Airloom broke ground on a pilot site in June for testing out its approach and confirming how those figures work in practice.

    It’s not feasible to bring a wind farm, even a small one, into CES, but Airloom will have a booth at the event with materials about its technology and engineering. While the business isn’t in a consumer-facing field, the impact of Airloom’s work could have a future positive impact on people if the data center boom continues.

    [ad_2]

    Anna Washenko

    Source link

  • Prince William Co. Supervisors chair breaks down 2025 successes – WTOP News

    [ad_1]

    In a year-end interview with WTOP, Deshundra Jefferson, chair of the Prince William Board of County Supervisors, covered everything from data centers to federal job cuts to tax breaks. 

    In an end-of-the-year interview with WTOP, Chair of the Prince William Board of County Supervisors Deshundra Jefferson covered everything from data centers to federal job cuts to tax breaks.

    Jefferson said she’s been proud of how they’ve been able to put aside differences for progress.

    “The fact that we are able to work together and reach across the aisle has been amazing,” she said. “If Prince William County wants to continue on our current trajectory, if we want to continue to grow, if we want to be a community of choice, we have to pull together to make that happen.”

    One of the biggest changes Jefferson was excited about this year was a tax cut that she said has been a long time coming.

    “The board was able to lower the personal property tax, aka the dreaded car tax, for the first time in 35 years. That is a significant accomplishment, and it was a bipartisan vote,” she said.

    With residents pushing back on the addition of data centers, Jefferson said, “Yes, they bring revenue to counties, but they also have a huge opportunity cost, and that’s one of the things we’re really starting to grapple with.”

    She said she’s unsure of what data centers will look like in the future with technological advancements.

    “I sometimes wonder if we’re in a bubble with data centers,” she said. “I do think that they will evolve. I do think at some point they will not need as much space.”

    Jefferson said that there’s a lot that they don’t know about data centers and there’s a lot more information to come.

    “So you have to also start thinking about the future,” she said. “What’s going to happen when we no longer need these massive data storage warehouses? What is the plan for decommissioning them?”

    When it comes to dealing with the federal job cuts this year, she said about 12% of the Prince William County workforce was employed by the federal government, and this year, the county felt the impact of the cuts.

    “We’ve had a number of job fairs and resource fairs,” Jefferson said. “We put up a page on the county website giving people information about starting a new business, looking for a job, going back to school, workforce development.”

    WTOP’s Scott Gelman contributed to this report. 

    Get breaking news and daily headlines delivered to your email inbox by signing up here.

    © 2025 WTOP. All Rights Reserved. This website is not intended for users located within the European Economic Area.

    [ad_2]

    Valerie Bonk

    Source link

  • The year data centers went from backend to center stage | TechCrunch

    [ad_1]

    There was a time when most Americans had little to no knowledge about their local data center. Long the invisible but critical backbone of the internet, server farms have rarely been a point of interest for folks outside of the tech industry, let alone an issue of particularly captivating political resonance.

    Well, as of 2025, it would appear those days are officially over.

    Over the past 12 months, data centers have inspired protests in dozens of states, as regional activists have sought to combat America’s ever-increasing compute buildup. Data Center Watch, an organization tracking anti-data center activism, writes that there are currently 142 different activist groups across 24 states that are organizing against data center developments.

    Activists have a variety of concerns: the environmental and potential health impacts of these projects, the controversial ways in which AI is being used, and, most importantly, the fact that so many new additions to America’s power grid may be driving up local electricity bills.

    Such a sudden populist uprising appears to be a natural response to an industry that has grown so quickly that it’s now showing up in people’s backyards. Indeed, as the AI industry has swelled to dizzying heights, so, too, has the cloud computing business. Recent U.S. Census Bureau data shows that, since 2021, construction spending on data centers has skyrocketed a stunning 331%. Spending on these projects totals in the hundreds of billions of dollars. So many new data centers have been proposed in recent months that many experts believe that a majority of them will not — and, indeed, could not possibly — be built.

    This buildout shows no signs of slowing down in the meantime. Major tech giants — including Google, Meta, Microsoft, and Amazon — have all announced significant capital expenditure projections for the new year, a majority of which will likely go toward such projects.

    New AI infrastructure isn’t just being pushed by Silicon Valley but by Washington, D.C., where the Trump administration has made artificial intelligence a central plank of its agenda. The Stargate Project, announced in January, set the stage for 2025’s massive AI infrastructure buildout by heralding a supposed “re-industrialization of the United States.”

    Techcrunch event

    San Francisco
    |
    October 13-15, 2026

    In the process of scaling itself exponentially, an industry that once had little public exposure has suddenly been thrust into the limelight — and is now suffering backlash. Danny Cendejas, an activist with the nonprofit MediaJustice, has been personally involved in a number of actions against data centers, including a protest that took place in Memphis, Tennessee, earlier this year, where locals came out to decry the expansion of Colossus, a project from Elon Musk’s startup, xAI.

    Cendejas told TechCrunch that he meets new people every week who express interest in organizing against a data center in their community. “I don’t think this is going to stop anytime soon,” he said. “I think it’s going to keep building, and we’re going to see more wins — more projects are going to be stopped.”

    Evidence in support of Cendejas’ assessment is everywhere you look. Across the country, communities have reacted to newly announced server farms in much the same way the average person might react to the presence of a highly contagious plague. In Michigan, for instance, where developers are currently eyeing 16 different locations for potential data center construction, protesters recently descended upon the state’s capitol, saying things like: “Michiganders do not want data centers in our yards, in our communities.” Meanwhile, in Wisconsin — another development hot spot — angry locals appear to have recently dissuaded Microsoft from using their town as a headquarters for a new 244-acre data center. In Southern California, the tiny city of Imperial Valley recently filed a lawsuit to overturn its county’s approval of a data center project, expressing environmental concerns as the rationale.

    The discontent surrounding these projects has gotten so intense that politicians believe it could make or break particular candidates at the ballot box. In November, it was reported that rising electricity costs — which many believe are being driven by the AI boom — could become a critical issue that determines the 2026 midterm elections.

    “The whole connection to everybody’s energy bills going up — I think that’s what’s really made this an issue that is so stark for people,” Cendejas told TechCrunch. “So many of us are struggling month to month. Meanwhile, there’s this huge expansion of data centers…[People are wondering] Where is all that money coming from? How are our local governments giving away subsidies and public funds to incentivize these projects, when there’s so much need in our communities?”

    In some cases, protests appear to be working and even halting (if only temporarily) planned developments. Data Center Watch claims that some $64 billion worth of developments have been blocked or delayed as the result of grassroots opposition. Cendejas is certainly a believer in the idea that organized action can halt companies in their tracks. “All this public pressure is working,” he said, noting that he could sense a “very palpable anger” around the issue.

    Unsurprisingly, the tech industry is fighting back. Earlier this month, Politico reported that a relatively new trade group, the National Artificial Intelligence Association (NAIA), has been “distributing talking points to members of Congress and organizing local data center field trips to better pitch voters on their value.” Tech companies, including Meta, have been taking out ad campaigns to sell voters on the economic benefits of data centers, the outlet wrote. In short: The tech industry’s AI hopes are pegged to a compute buildout of epic proportions, so for now it’s safe to say that in 2026 the server surge will continue, as will the backlash and polarization that surround it.

    [ad_2]

    Lucas Ropek

    Source link