Across the banking sector, AI is emerging as both a transformative tool and a workforce disruptor, reshaping how institutions operate and interact with clients. Citigroup’s Citi Wealth division has rolled out Advisor Insights and AskWealth, AI platforms designed to give advisors rapid access to...
At the edge, solving for thermal and power efficiency is just as critical as managing bandwidth and latency
AI at the edge is helping telecom operators enhance network reliability, optimize performance, and detect threats in real-time. These use cases require powerful compute, often in locations...
For this initiative, Fermi America signed a Memorandum of Understanding (MoU) with South Korea’s Doosan Enerbility, a major supplier of nuclear power plant components
In sum – what to know:
Fermi adds Doosan partnership to HyperGrid project – The MoU covers large-scale nuclear and SMR development...
In the United States alone, the AI data center market was valued at $3.35 billion in 2024 and is forecast to reach $20.12 billion by 2032
In sum – what to know:
Market projected to reach $98B by 2032 – The AI data center market is...
With these efforts, China aims to keep pace with the United States in advance computing capabilities
In sum – what to know:
Chip output push – China aims to triple AI chip production next year, with new fabs boosting Huawei and SMIC’s capacity.
DeepSeek influence – FP8...
Crusoe noted that the expansion includes new Nvidia hardware, such as Nvidia DGX GB200 NVL72 systems and Blackwell GPUs
In sum – what to know:
$175M credit facility backs expansion – Crusoe secured financing from Victory Park Capital to grow its cloud capacity with advanced GPU...
IBM and AMD said the joint effort focuses on hybrid computing models where quantum computers and classical HPC systems work in tandem
In sum – what to know:
Quantum + HPC convergence – IBM and AMD are collaborating on architectures that blend quantum computing with high-performance...
Enterprises including Disney, Foxconn, Hitachi, Hyundai, Lilly, SAP, Siemens, and TSMC have deployed Nvidia’s new RTX Pro server platform to transform old computing clusters into AI factories; CoreWeave and Google Cloud are deploying in regional hubs.
In sum – what to know:
AI infrastructure – new...
Flexential CEO Chris Downie outlined a new playbook for data center operators, amid unprecedented demand, investment and chokepoints
RESTON, Virginia—The wake-up call for Flexential CEO Chris Downie started innocently enough: He sent a picture of himself meeting former Ukrainian heavyweight boxing champion Wladimir Klitschko to...
The collaboration between Amazon, X-energy and two Korean companies covers reactor design, supply chain development, construction, investment strategies, and long-term operations
In sum – what to know:
5 GW of nuclear planned by 2039 – The partnership targets U.S. deployments of Xe-100 SMRs to power AI...
Humain is sourcing semiconductors from U.S. suppliers, including Nvidia’s most advanced AI chips, for which it has secured local regulatory approval
In sum – what to know:
Saudi Arabia builds AI data centers – Humain has begun construction in Riyadh and Dammam, targeting 100 MW per...
In Chicago, EdgeConnex and Lambda will develop a 23 MW single-tenant facility scheduled to be ready for service in 2026
In sum – what to know:
30MW+ AI capacity planned – EdgeConneX and Lambda will expand data center infrastructure in Chicago and Atlanta, with a 23...
Crusoe is expected to raise around $1 billion through a mix of equity and debt, according to the report
In sum – what to know:
Crusoe seeks $10B valuation – The AI data center startup is in talks to raise about $1 billion, more than tripling...
LG has set ambitious targets, aiming to boost annual sales from its chiller business to $720 million and more than triple orders for data center cooling solutions over the next two years
In sum – what to know:
LG secures major AI data center contract in...
Through the acquisition, Crusoe is also expanding into the Middle East, with the establishment of its Tel Aviv office
In sum – what to know:
Crusoe acquires Atero for GPU optimization – The deal strengthens Crusoe Cloud’s AI infrastructure performance, integrating Atero’s proprietary technology to boost...
The six-year agreement reportedly gives Meta the compute power to support its AI expansion
In sum – what to know:
Meta signs $10B AI deal – The six-year agreement reportedly gives Meta the compute power to support its AI expansion, including plans for 1.3 million GPUs...
U.S. President Donald Trump recently mentioned the fact that Nvidia was looking to make its Blackwell chips available to the Chinese market
In sum – what to know:
Nvidia prepares Blackwell-based AI chip for China – The B30A is expected to surpass the H20 in...
The core part of the collaboration is the establishment of an AI innovation hub, bringing together Vodafone Idea and IBM Consulting specialists to co-develop AI solutions
In sum – what to know:
AI Innovation Hub launched – Vodafone Idea and IBM set up a joint hub...
Bell and Buzz HPC's main goal is to provide secure access to large-scale AI computing resources located entirely within Canada
In sum – what to know:
Canada gains sovereign AI capacity – Buzz HPC and Bell Canada are building a nationwide AI infrastructure using Nvidia GPUs,...
Vantage noted that construction is already underway, with the first building expected to be operational in the second half of 2026
In sum – what to know:
$25B AI mega-campus in Texas – Vantage will invest $25 billion in a 1.4 GW campus, its largest project...
Applied Digital has secured more than 900 acres for the project and reached a power supply agreement with Cass County Electric Cooperative
In sum – what to know:
$3B AI campus in North Dakota – Applied Digital will break ground on Polaris Forge 2 in September...
Google noted that Hermes 2 will deliver up to 50 megawatts (MW) of reliable electricity to TVA’s grid, supporting its data centers in Tennessee and Alabama
In sum – what to know:
50 MW nuclear plant to power Google data centers – Kairos Power’s Hermes 2...
Despite strong results, CoreWeave stock has been on a slide as the market reacts to high expenses for the AI infrastructure company
CoreWeave CEO Mike Intrator said that the company is in a "hypergrowth journey" and saw "unprecedented demand" for its artificial intelligence cloud services...
JLL forecasts up to $1 trillion in North American data center investment from 2025–2030, with more than 100 GW of capacity potentially delivered
In sum – what to know:
Vacancy at record low – Colocation vacancy dropped to 2.3% across 15.5 GW of inventory, with Northern...
