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Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center
Elon Musk's artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC's David Faber.
Elon Musk's AI start-up xAI looks to raise $1 billion, filing shows
Elon Musk's artificial intelligence start-up xAI is seeking to raise as much as $1 billion, a Securities and Exchange Commission filing from this week shows.
Valuations at Elon Musk’s SpaceX and xAI set to soar in new deals
Two of Elon Musk’s private companies are set to secure multibillion-dollar jumps in valuation through new deals, as investors race to back the sprawling business interests of the world’s richest man.
xAI's value is set to double, joining Elon Musk's Tesla and SpaceX in reaching new heights
Two of Elon Musk’s private ventures are set to be worth a lot more, joining his sole public company in securing massive valuations.
Elon Musk raising up to $6 billion to buy technology for Memphis data center
Elon Musk is purchasing thousands of chips for his artificial intelligence company in Memphis. Musk is raising up to $6 billion to buy 100,000 Nvidia chips for the Memphis data center, according to CNBC’s David Faber.
2d
Bloom Energy Shares Surge on AEP Deal for Data Center Fuel Cells
American Electric Power Co. will use Bloom Energy Corp. fuel cells to supply data centers, providing a quick solution to add ...
Hosted on MSN
2d
Siemens Profit Tops Forecasts as Data-Center Demand Offsets Automation Woes
Siemens reported a net profit that beat analysts’ expectations, as it continued to benefit from strong
data
-
center
demand ...
3d
Texas data center dash creates solar price uncertainty
Surging demand from tech groups in Texas has accelerated a bullish solar and storage market but grid bottlenecks have created ...
Bisnow
1d
New Data Center Provider Launches Targeting Office Conversions
London-based EdgeNebula says it can convert commercial buildings to data centers in two months and at significantly lower ...
KNSI Radio
2d
Amazon Purchases 348 Acres in Becker for Data Center Development Near Retiring Sherco Plant
(KNSI) – Amazon Data Services has bought 348 acres of land in Becker near the retiring Sherco Power Plant.
2d
Chinese Data Center Firm Zdata Is Said to Consider Hong Kong IPO
Chinese data center firm Zdata Technologies Co. is considering a potential initial public offering in Hong Kong, according to ...
INSIDENOVA.COM
1d
Western Prince William residents request ‘reset,’ ‘transparency’ in data center planning
Resident members of Prince William County’s Data Center Ordinance Advisory Group are voicing displeasure at the apparent ...
The Business Journals
4d
Opinion: Data center tax breaks mean jobs in rural communities
“The bill before you,” I said, “is about
data
center
tax preferences, but it’s about more than that. It’s about jobs, and ...
Yahoo
3d
AI Data Center Energy Needs: Is Natural Gas the Answer?
However, like any transformation trend, there are “pick and shovel” plays that will offer ample opportunities.
Data
...
1d
on MSN
New data center coming to Storey County
A new data center will be coming to Storey County that plans to invest more than $254 million into the area. The Nevada ...
The Real Deal
3d
Verizon inks massive renewal in NYC for data center at 60 Hudson Street
Tenants at the single-footprint
data
center
include Digital Realty and DataBank, according to the Commercial Observer.
Bisnow
4d
Data Center Construction Starts May Be Slowing Down Despite Gold Rush
even as demand for
data
center
capacity climbs to unprecedented heights. “
Data
centers continue to dominate large ...
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