SoftBank-Backed Gas-Fired Power Plant Draws Mixed Reaction in Waverly as It Aims to Power AI Data Center Residents and officials expressed concerns and questions about the SoftBank-backed gas-fired power plant …
center
-
Business
Hyundai Invests Billions in Futuristic Urban Center to Advance Robotic AI
by Sato Asahiby Sato AsahiHyundai Accelerates Hyundai Robotic AI Push with Billion-Dollar Futuristic Urban Center Hyundai accelerates its robotic AI push, investing billions to build a futuristic urban center and partnering with global tech …
-
Business
South Korea launches pilot underwater data center off Ulsan to host AI
by Sato Asahiby Sato AsahiSouth Korea launches pilot underwater data center off Ulsan to host AI infrastructure South Korea launches pilot underwater data center off Ulsan to explore space for AI infrastructure amid limited …
-
Business
Nonlife insurers forecast $10 billion AI data center market amid cascading risks
by Sato Asahiby Sato AsahiAI Data Center Insurance Nears $10 Billion as Nonlife Insurers Brace for Cascading Risks Nonlife insurers are expanding AI data center insurance as the market moves toward a $10 billion …
-
Business
Central Asia data center race intensifies as Uzbekistan eyes year-end TAS-1 completion
by Sato Asahiby Sato AsahiData Centers in Central Asia: Uzbekistan’s TAS-1 Nears 2026 Completion as Kazakhstan’s Nvidia‑Backed Project Targets 125MW Uzbekistan and Kazakhstan are accelerating construction of data centers in Central Asia, with Uzbekistan’s …
-
Business
Kioxia Forecasts 31-Fold Quarterly Profit Surge on AI Data Center Demand
by Sato Asahiby Sato AsahiKioxia Forecasts 31-Fold Quarterly Profit as NAND Demand Rises, but Guidance Misses Estimates Kioxia forecasts a 31-fold surge in quarterly net profit driven by rising NAND flash demand from AI …
-
Business
Samsung, SK and Nvidia announce $700bn AI semiconductor and data center deals
by Sato Asahiby Sato AsahiSouth Korea $700 Billion AI Deals Deepen Semiconductor and Data Center Ties with U.S. South Korea $700 billion AI deals with U.S. firms, led by Samsung, SK and Nvidia, pledge …
-
Business
TikTok plans massive Brazil data center amid renewable energy and user growth
by Sato Asahiby Sato AsahiTikTok Data Center in Brazil Signals Push into Latin America’s Digital Infrastructure TikTok to build a data center in Brazil, leveraging renewable energy and a growing user base; the move …
-
Politics
Alphabet reports 24% revenue rise to $119.8B amid AI data center spending concerns
by Sui Yuitoby Sui YuitoAlphabet earnings rise 24% as cloud and ads drive $119.8B quarterly revenue Alphabet earnings rise as cloud and ads lift revenue 24% to $119.8B for quarter ended June 30, 2026; …
-
Business
Vietnam finance center seeks global investors from 2027 amid funding shortfall
by Sato Asahiby Sato AsahiVietnam International Financial Center to Court Global Investors for $1.5 Trillion Infrastructure Push Vietnam’s International Financial Center will court global investors from 2027 to help finance $1.5 trillion in infrastructure …