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 →Every AI News story tagged with both AI in Business and AI Data Centers — the two topics side by side, updated as new articles publish.
11 articles
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 →Gov. Kathy Hochul signed an executive order pausing new hyperscale data center permits for up to a year, citing rising electricity bills and grid strain from AI-driven demand.
Read more →Intel will invest €5 billion to expand its Leixlip campus in Ireland, adding capacity for Xeon server processors as AI data center demand strains chip supply.
Read more →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 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 →Meta plans to begin manufacturing its in-house "Iris" AI chip in September, aiming to double its data center computing capacity to 14 gigawatts by 2027, an internal memo reviewed by Reuters shows.
Read more →A neocloud is a cloud company built to rent out GPUs for AI work — and it's why bitcoin miners are turning old mining sites into AI data centers.
Read more →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 →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 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.
Read more →The Google DeepMind spinoff signed a three-year, $6.3 billion computing contract with SpaceX's Colossus data center, giving it the GPU scale needed to challenge closed AI giants with open-weight models.
Read more →