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Britain's National Grid has invested $1.75 billion to secure a 35 percent stake in Joulent LLC, a firm developing a natural gas-fired power plant with Chevron in Texas to supply a Microsoft data center.
Explosive AI data-center demand is driving a historic wave of mergers and acquisitions in the U.S. utility industry. Deloitte estimates approximately $204 billion in power-sector deals during the first f
Environmental advocates are increasing pressure over the energy and water consumption of AI data centers, highlighting a growing conflict between rapid AI expansion and sustainability goals. As the indus
Utilities are preparing for electricity demand that could increase by as much as 25 percent by 2030, largely because of AI infrastructure expansion. The transformation is turning one of the world's most
Micron has announced a strategic partnership with Anthropic to provide high-bandwidth memory, DRAM, and storage technologies for future Claude AI systems. The deal reflects surging demand for advanced me
OpenAI has unveiled its first custom AI processor, codenamed Jalapeño, developed in partnership with Broadcom. The chip is designed specifically for large language model inference and aims to reduce the
