Nvidia Invests $1.5B in SB Energy to Power OpenAI's Ohio Site
Nvidia is investing $1.5 billion in SoftBank's SB Energy and backing infrastructure at a new Ohio campus built to run exclusively on Nvidia AI compute for OpenAI.
Read more →Artificial Intelligenceand AI Data Center Buildout
Every AI News story tagged with both Artificial Intelligence and AI Data Center Buildout — the two topics side by side, updated as new articles publish.
35 articles
L&T to Build India's Largest Nvidia AI Factory for Together AI
Indian engineering giant Larsen & Toubro will deploy 10,000 Nvidia B300 GPUs in Chennai for Together AI, its largest single AI infrastructure order yet.
Read more →Riot Platforms Signs $9.1B AI Data Center Deal With Anthropic
Bitcoin miner Riot Platforms will lease 191 megawatts of Texas data-center capacity for $9.1 billion over 20 years; Bloomberg and CNBC identify the tenant as Anthropic.
Read more →Nvidia, Wall Street Giants Plan $500B AI Financing Platforms
Nvidia signed agreements with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to build financing platforms that could mobilize over $500 billion for AI infrastructure.
Read more →
What Is a Small Modular Reactor — and Why Does AI Need One?
A small modular reactor is a compact, factory-built nuclear plant under 300 megawatts. AI companies are betting billions on them to keep power-hungry data centers running around the clock.
Read more →Anthropic, Macquarie, GIC Launch Theseus for AI Data Centers
Anthropic has teamed up with Macquarie Asset Management and Singapore's GIC to launch Theseus Infrastructure, a venture that will build and lease US data centers dedicated to running Claude.
Read more →
Nvidia-Backed Firmus Raises $2B to Expand AI Factories
Australian AI infrastructure firm Firmus raised $2 billion from Nvidia, Blackstone, Coatue and Jane Street, nearly doubling its valuation to $10.5 billion to expand AI data centers across Asia-Pacific.
Read more →Anthropic Signs $10B Compute Deal With Months-Old Startup Volta
Anthropic will pay AI infrastructure startup Volta $10 billion over six years for Nvidia-powered data center capacity in Norway, Bloomberg reports, as the lab races to secure compute.
Read more →Valar Atomics Raises $1B to Mass-Produce Nuclear Reactors for AI
Sequoia Capital led a $1 billion round for nuclear startup Valar Atomics, days after its Ward 250 reactor became the first outside a US national lab to reach criticality and power an Nvidia system.
Read more →Armenia's Eleveight AI Factory Sells Out Capacity in a Month
Armenia's first Nvidia Blackwell-powered AI data center sold out its live capacity within a month of launch, and PM Nikol Pashinyan toured the site as expansion toward 40 megawatts moves forward.
Read more →AMD, Core Scientific Sign $14B Deal for Up to 2.5GW of AI Power
AMD and Core Scientific signed a 15-year infrastructure deal worth more than $14 billion, starting with 529 megawatts of U.S. data center capacity in 2027 and room to grow to 2.5 gigawatts.
Read more →EU Opens €30 Billion Tender for Seven AI 'Gigafactories'
The European Commission opened a tender for consortia to build up to seven AI 'Gigafactories' in the EU, backing it with about €10 billion in public money to draw in €20 billion more from investors.
Read more →
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 →Meta Hands BlackRock 80% Stake in New $14B AI Data Center
Meta and BlackRock formed a joint venture to build a 1-gigawatt AI data center in El Paso, Texas, shifting most of the roughly $14 billion project off Meta's balance sheet.
Read more →Nvidia Weighs $250B Guarantee for OpenAI's Ohio Data Center
Nvidia is in talks to guarantee $250 billion in financing so OpenAI can lease a 10-gigawatt SoftBank data center in Ohio, the Wall Street Journal reported, citing unnamed sources.
Read more →Nvidia to Invest $1 Billion in Naver, Expand Korean AI Hub
Nvidia will buy a 4.5% stake in South Korea's Naver for about $1 billion, funding a data center expansion that will roughly quadruple AI computing capacity at its Sejong facility by 2028.
Read more →Nvidia and SK Group Ink $500B AI Infrastructure Deal
Nvidia and South Korea's SK Group signed letters of intent for a $500 billion-plus AI infrastructure and memory-chip partnership, including a new 2-gigawatt AI factory.
Read more →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.
Read more →
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 →
How Much Energy and Water Does AI Really Use?
A single AI chat reply uses a fraction of a watt-hour, but billions of daily queries and the data centers behind them add up to a fast-growing power and water bill.
Read more →