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Elon Musk is eyeing an acquisition of Mesh Optical Technologies, a startup founded by three former SpaceX engineers last year developing hardware for fast data center communications. The potential acquisition, which was revealed in a Federal Trade Commission filing and first reported by Bloomberg, confirmed the agency expedited its antitrust review. Mesh Optical came out…
Amazon on Thursday said it would invest an additional $13 billion to expand its AI and cloud footprint in India through 2030. The fresh investment, announced after Amazon CEO Andy Jassy met India’s Prime Minister Narendra Modi in New Delhi, will fund the expansion of Amazon Web Services’ data center capacity in Mumbai and Hyderabad….
Blackstone-backed data center operator AirTrunk said on Friday it would invest $30 billion in India by 2030, adding to a wave of commitments from technology and infrastructure groups seeking to expand computing capacity in the country. The Australian company said it would develop 5 gigawatts of new data center capacity in India, one of the…
Just when you thought the AI data center boom couldn’t get any crazier, Meta has gone and built data centers in tents. The strategy appears to borrow in equal parts from Tesla and xAI. In a bid to cut the time to completion in half, Meta has built six tents — or “rapid deployment structures”…
Environmental activist Erin Brockovich has a new mission: Bringing more transparency to data center construction and the impact those data centers have on nearby communities. Brockovich — who was famously played by Julia Roberts in a film dramatizing her legal case against Pacific Gas & Electric — recently launched a website with a map of…
Has Elon Musk given up on Tesla’s Master Plans, on the electrified economy, on solar power as we know it? From the SpaceX IPO filing released this week, it sure seems like it. A recap for those not enmeshed in the Musk-verse: Tesla has released four Master Plans over the years, and while details have…
Solar will become the largest source of power in the next decade, surpassing coal, oil and natural gas, according to a new report from BloombergNEF. The tectonic shift will occur alongside a historic rise in the use of energy driven by AI and the electrification of entire industries. “Solar is winning the race,” Matthias Kimmel,…
Elon Musk’s xAI is running nearly 50 natural gas turbines at its Mississippi data center, power plants that the state is currently not regulating thanks to a loophole. The power plants are considered “mobile” by the state of Mississippi because they are sitting on flatbed trailers, thus allowing them to dodge to air pollution regulations…
Coatue, one of the biggest names in venture capital and hedge funds, has a new plan to generate bigger returns on AI beyond its sizable stakes in Anthropic, OpenAI, xAI, and data center companies like Singapore’s DayOne and CoreWeave. It has launched a venture called Next Frontier to buy up land near large power sources…
Fluidstack, a startup that builds specialized data centers for AI companies, is in talks to raise a $1 billion round at an $18 billion valuation, potentially led by Jane Street, Bloomberg reports. Should this deal come to fruition, it would more than double Fluidstack’s valuation in a matter of months. In December the company was…