What Is an AI Data Center SPV — and Why Are Tech Giants Using Them?
Meta just handed BlackRock 80% of a $14 billion AI data center. Here's what a special-purpose vehicle is, and why it's become the go-to way to finance the AI buildout.
Read more →AI Capexand AI Data Center Buildout
Every AI News story tagged with both AI Capex and AI Data Center Buildout — the two topics side by side, updated as new articles publish.
10 articles
OpenAI Plans $20 Billion Data Center in Coastal Georgia, US
OpenAI unveiled Project Camellia, a $20 billion data center in Effingham County, Georgia, its first self-built facility, powered by 3.2 gigawatts from Georgia Power.
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What Is AI Capex — and Why Is It Draining Big Tech's Cash?
Capital expenditure — capex — is what tech giants spend building AI data centers and chips. Here's what it means when that spending pushes a profitable company's free cash flow negative.
Read more →Microsoft and Mistral Expand AI Deal for European Sovereignty
Microsoft is funding a multibillion-dollar expansion of Mistral's European data centers, letting regulated industries run frontier AI without ceding control of their data.
Read more →Blackstone, Apollo, KKR Invest $5.34B in Williams' AI Power Plants
A Blackstone-led investor group is funding 49% of five natural-gas power plants that pipeline giant Williams is building largely to supply electricity to AI data centers.
Read more →Meta Expands Louisiana AI Data Center to $50 Billion, 5 Gigawatts
Meta is expanding its Hyperion data center in Richland Parish, Louisiana, to 5 gigawatts of capacity, pushing total investment past $50 billion and funding local schools and infrastructure.
Read more →Meta Breaks Ground on $13B AI Data Center in Alberta, Canada
Meta has begun construction on a 1-gigawatt, AI-optimized data center in Alberta — its first in Canada and 33rd globally, backed by a CAD $13 billion investment.
Read more →Anthropic Signs $19 Billion Data Center Lease With TeraWulf
Anthropic will lease a 401-megawatt AI computing campus in Hawesville, Kentucky, from TeraWulf under a 20-year, $19 billion deal, with capacity coming online starting in 2027.
Read more →South Korea Bets $880 Billion on AI and Semiconductor Dominance
President Lee Jae Myung unveiled a sweeping national strategy on June 29, committing at least $880 billion from Samsung, SK Hynix, and major Korean conglomerates to semiconductors, AI infrastructure, and data centers through 2035.
Read more →Samsung Commits $648 Billion to AI Chips Over the Next Decade
Samsung Group pledged 1,000 trillion won ($648 billion) at a South Korean government briefing on June 28, with over 350 trillion won targeting AI data centers and semiconductor factories across the country over ten years.
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