The funding reversal disrupts site plans, lab builds and infrastructure tied to real estate development across seven states.
The increased use of artificial intelligence is driving data center demand away from training AI models and toward inference, pushing development to the edge.
OpenAI has stepped back from big projects in Norway, the UK and the U.S. as three of the Stargate initiative's leaders leave for Meta.
SoftBank had already invested significantly in data centers before this new deal was announced.
Is CRE looking at an AI supercycle or a bubble? Michael Pearce, deputy chief U.S. economist at Oxford Economics, comes on First Draft Live to discuss.
Artificial intelligence has fueled office leasing in San Francisco and the broader Bay Area.
Construction veteran Eric DeSimone shares his insights on how industry standards need to improve and how his company is approaching the market.
xAI has acquired the site of a former Duke Energy power plant in Mississippi, continuing the expansion of power infrastructure near its Memphis data centers.
BGO's AI data model showed it that market is the biggest factor in whether an investment outperforms. It is now using that to pick deals.
The brokerage firm had $700M in revenue from data center activity alone, and the sector is expected to account for 10% of its earnings this year.
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