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Amazon To Spend $100B On AI In 2025 As A Data Center Arms Race Brews
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Amazon To Spend $100B On AI In 2025 As A Data Center Arms Race Brews

... and tech giant plans to invest roughly $100B on its cloud computing business in 2025, with the majority of the ... S. models. “AI represents for sure the biggest opportunity since cloud and probably the biggest technology shift and opportunity in business ...

Feb 07, 2025
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'We're Pretty Much Sold Out': Development Woes Drive Down Data Center Leasing
News

'We're Pretty Much Sold Out': Development Woes Drive Down Data Center Leasing

... responsible for driving record leasing numbers, but as the cloud industry’s revenue growth has tempered in recent months, so ... to deploy development capital in the data center sector. Cloud providers and other major tenants are looking to lease on ...

May 18, 2023
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Microsoft sign
News

Microsoft To Ramp Up AI Data Center Investment To $80B This Year

... data centers for training AI models, deploying AI and hosting cloud-based applications. More than half of that investment will be ... data center infrastructure, Microsoft also signed a deal with AI cloud startup CoreWeave last year that could be worth as much ...

Jan 06, 2025
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CoreWeave Data Center Project In Virginia Lands $600M Loan
News

CoreWeave Data Center Project In Virginia Lands $600M Loan

... firm in 2017, CoreWeave has since pivoted toward being a cloud provider exclusively for graphics processing unit computing needed for AI ...

Dec 16, 2024
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Revolutionizing Real Estate And Facilities: AI-Enabled CRE Software Transforms Critical Business Processes
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Revolutionizing Real Estate And Facilities: AI-Enabled CRE Software Transforms Critical Business Processes

... they balance operational efficiency with broader organizational goals. Cloud-native, artificial intelligence-powered platforms like Nakisa are ... and site selection,” Muralidharan said. Nakisa’s cloud-native IWMS bridges this gap with scenario planning ...

Dec 10, 2024
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Head Of Congressional AI Task Force Urges Regulators To Allow Data Centers At Nuclear Power Plants
News

Head Of Congressional AI Task Force Urges Regulators To Allow Data Centers At Nuclear Power Plants

...  agreed to a $650M deal in March under which the cloud computing behemoth acquired 1,200 acres adjacent to the 2 ...  asked the body to reconsider, has extended well beyond the cloud provider’s specific plans in rural Pennsylvania. The company's ...

Dec 09, 2024
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Microsoft Planning 3 New Data Centers In Washington State
News

Microsoft Planning 3 New Data Centers In Washington State

... . “We expect Microsoft to lead the other top four cloud [service providers] in 2023,” Dell’Oro Group Research Director ... ChatGPT and integrating ChatGPT and other OpenAI products into its cloud services. As Bisnow previously reported, AI computing requires ...

Mar 20, 2023
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Social Media Giants Catapulting Data Center Leases To Massive New Heights
News

Social Media Giants Catapulting Data Center Leases To Massive New Heights

... a massive 80-megawatt lease in Manassas, Virginia, with provider Cloud HQ. “To accommodate these mega-leases, developments need to ... more, with an additional six reaching 10 megawatts.  While cloud providers like Microsoft contributed to this boom in large ...

Jan 31, 2022
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Data Centre Double Whammy: London Is Global Lead For New Development, And Almost Last For Vacancies
News

Data Centre Double Whammy: London Is Global Lead For New Development, And Almost Last For Vacancies

... on the in-vogue asset class. The drive to optimise cloud-based computing locations is helping London to beat the rest ... 55 markets profiled, just 28 now offer all three major cloud services, including London, Chicago, Portland and Dallas. The big new ...

Jan 18, 2022
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The Chrysler Building in New York City
News

Judge Rules RFR Must Hand Over Control Of Chrysler Building To Cooper Union

... amenities. Its renovation plans, which includes a refresh of the Cloud Club, a historic lunch spot on the 61st floor, are ... of the Chrysler Building, including its work to update the Cloud Club. A previous version of this article misstated the status ...

Oct 31, 2024
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