"Data centers is one of the new industrial sectors that we've been looking at because it's part of the emerging economy and new technologies," said Arman Shehab ...
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Blackstone, a major global investor in data centers that run A.I. systems, expects use of the technology to rise as the cost of computing power falls.
Data center operator DataBank has raised $250 million in an equity investment and an additional $600 million in a secondary ...
Data center technology spending skyrocketed 34 percent in 2024, according to Synergy Research Group. It is soaring past a ...
Blackstone said on Thursday its massive investments in data centers would not be undermined by the low-cost artificial ...
At the World Economic Forum in Davos, tech executives stressed the importance of the U.S. and its allies advancing data ...
The release of DeepSeek’s innovative and efficient artificial intelligence model has been heralded as such a turning point — a “Sputnik moment” for the U.S. Just as the Soviet Union’s 1957 launch of ...
Fourth-quarter earnings per share rose to $1.29 from 77 cents last year. On an adjusted basis, earnings were $1.11 a share, beating both its own guidance of between 99 cents and $1.09 as well as Wall ...
The emergence of DeepSeek came shortly after President Trump unveiled his "Stargate" project to invest $500bn in advancing AI.
Energy Transfer LP is well positioned to capitalize on the rising energy demand driven by AI data centers and favorable US ...