Microsoft has pulled back from leasing new data center capacity in the U.S. and Europe, abandoning projects that would have used 2 gigawatts of electricity over...
Etiket: data centers
Nvidia-Backed CoreWeave Targets $32 Billion Valuation in AI-Focused IPO
CoreWeave, a cloud services provider backed by Nvidia, is targeting a valuation of up to $32 billion in its upcoming initial public offering (IPO) in the...
Jabil Raises 2025 Profit and Revenue Forecast Amid Data Center Demand
Jabil (JBL.N) has raised its 2025 profit and revenue forecast, driven by strong demand for data center infrastructure amid the surge in artificial intelligence (AI) adoption....