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Kevin O'Leary said on Glenn Beck's radio show that new data centers consume water at levels comparable to golf courses. His firm O'Leary Ventures is building facilities with 1.4 gigawatts capacity in Utah. O'Leary also faces a defamation lawsuit tied to his Utah project.
NewsweekNewsweek reported that power companies in five states are building or proposing transmission projects to handle rising electricity demand from data centers. The projects have led to negotiations and opposition over property acquisitions in residential and agricultural areas.
ZeroHedgeMeta is in talks to rent computing power from its AI data centers to Anthropic in a potential arrangement worth up to $10 billion over two years. Anthropic proposed the deal in June 2026.
investopedia.comBitcoin declined 2.3 percent to 62,800 dollars and ether fell 3.5 percent to 1,815 dollars thirty minutes into Friday's session. Several former bitcoin mining companies now focused on data centers led losses among crypto equities.
winnipegfreepress.comJoshua Kanter and Gabrielle Finlayson sued Kevin O’Leary and Fox News on Wednesday over statements linking their organizations to the Chinese Communist Party. The suit concerns comments O’Leary made while opposing his proposed Stratos data center in Utah. O’Leary later posted a c…
Two Utah organizations filed suit Wednesday against Kevin O'Leary and Fox News, alleging false accusations that they acted as Chinese government proxies. The case stems from O'Leary's interviews criticizing opposition to his proposed 40,000-acre AI campus.
New York PostState officials have suspended permits for new large-scale data centers for up to one year. The pause follows concerns over electricity demand and grid capacity.
wccftech.comWarren Buffett said Berkshire Hathaway built the position because technology companies shifted capital spending toward data centers and chips. Alphabet shares rose nearly 4 percent after the comments, lifting Google co-founder Larry Page's net worth above $300 billion.
cnet.comGovernor Kathy Hochul signed the measure this week targeting hyperscale facilities. The Atlantic reported national data center cooling consumed 17 billion gallons in 2023. Local impacts vary by site and infrastructure.
cnbc.comThree Southaven, Mississippi residents filed a lawsuit alleging near-constant noise and vibrations from a plant powering xAI data centers are causing health effects. The suit joins similar complaints in other states as data center construction expands.
wccftech.comNoetra will oversee the project with ¥387.3 billion in funding and build a 140-megawatt data center. The effort draws engineers from SoftBank, NEC and other firms to develop a domestic AI system for robotics.
The Independent reported that work started June 1 on The Barn, a 250-acre project backed by OpenAI, Oracle, Blackstone, Related Digital and Walbridge. The development follows a settlement after township officials initially rejected rezoning and faced a lawsuit from developers.
theconversation.comU.S. electricity use reached a new peak last year and is projected to set further records in 2026 and 2027. Data centers tied to AI growth are the primary driver of the increase.
RapplerRappler reported that xAI placed 59 natural gas turbines near its Memphis-area data center without federal clean air permits. Emissions from the units exceed thresholds requiring permits and affect nearby communities with elevated respiratory disease rates. A lawsuit and regulato…
RapplerPrime Minister Anthony Albanese announced on July 15 the creation of an Office of AI inside the Department of the Prime Minister and Cabinet. The office will coordinate standards across government and introduce legislation requiring large data centers to produce net energy and li…
forbes.comNetherlands-based QuiX Quantum has delivered Carina, the first universal photonic quantum computer, to customers. The system uses single photons as qubits and operates at room temperature in standard data center racks. It was developed under a German Aerospace Center project.
SemaforPresident Trump posted on Truth Social calling for immediate reversal of New York's moratorium on new hyperscale data centers. Governor Kathy Hochul signed the one-year order on July 14 to pause permits for facilities using 50 megawatts or more of electricity.
biznews.comTaiwan's second-largest contract chipmaker started commercial output of silicon photonics wafers at its Singapore fab on Tuesday in partnership with Silith Technology. The move targets high-speed optical interconnects for AI data centers.
FortuneCNBC reported multiple developments including military action, a Senate nomination, budget figures, a court ruling, shipping plans and data center technology.
hothardware.comMeta announced Monday that it will expand its Hyperion data center in Richland Parish, Louisiana, to 5 gigawatts of compute capacity. The company said total investment in the project now exceeds $50 billion.
winnipegfreepress.comInvestment by four large technology companies is expected to reach $720 billion this year, mostly for data centers. The spending has raised prices for memory chips and electricity, with some consumer electronics already costing more.
Meta will spend more than $1 billion on local infrastructure upgrades tied to its data center expansion. The investment covers roads, utilities, and related facilities. Details were reported by @FirstSquawk.
YonhapPresident Lee Jae Myung and industry leaders unveiled mega projects on June 29 targeting semiconductors, AI data centers and physical AI. The plans include a new cluster in Gwangju and existing construction in Yongin.
FortuneTrinidad and Tobago signed memorandums of understanding on Friday with Hummingbird AI Holdings and Ernst and Young LLP for data centers and with Pinnacle Steel and Vanadium Corporation for steel plant talks. The pacts mark the first agreements of their kind between a Caribbean co…
OpenAI CEO Sam Altman called his company's 5.6 Sol model the best available on July 11. Elon Musk accused Altman of scamming, and Altman replied by referencing Musk's space data center plans. Both companies released updated agentic AI systems this week.
decrypt.coEmpery Digital sold 1,400 bitcoin since May 7 at $62,200 each. The company will use proceeds for a Midwest AI data center stake and debt repayment while holding 1,514 bitcoin.
Los Angeles TimesThe plan details steps to integrate renewable power into factories, data centers and transport. It covers 2026-2028 and maintains existing emissions targets.
Business Insider reported dark smoke rising from the ACC9 facility in Ashburn, Virginia, during a regional heat wave. Local resident Bobby Chahal documented the plumes and noted similar events the prior summer.
theblaze.comMicrosoft emitted 20 million metric tons of CO2 equivalent in fiscal year 2025, up from 16 million the prior year. The increase stems mainly from data center expansion, even as the company matched all electricity use with carbon-free sources. Google and Amazon reported similar em…
yna.co.krThe South Korean chipmaker opened at $170 per share and raised $26.5 billion, surpassing Alibaba's record as the largest debut of a foreign company. The listing occurred amid increased demand for memory chips used in AI data centers.
crowdfundinsider.comA Federal Reserve report detailed increased redemption requests in some private credit vehicles during the first quarter alongside stagnant housing activity. Manufacturing output strengthened from AI-related data center spending while foreign growth remained subdued.
Meta introduced a paid tier for its Muse Spark 1.1 model and disclosed plans to start AI chip production in September. The moves include a new API for developer fees and a $10 billion Canadian data center investment.
NewsweekA conservative advocacy group has organized demonstrations in more than 50 U.S. locations to oppose data center construction for artificial intelligence. The events target concerns over utility costs, water use and local decision-making.
EuronewsMeta will build its largest data center outside the United States in Sturgeon County, Alberta. The project includes a dedicated natural gas power plant and local infrastructure spending. Euronews reported the announcement Wednesday.
thenextweb.comMeta will invest more than $9.1 billion to construct its first artificial intelligence data center in Canada, located in Sturgeon County, Alberta. The project includes a dedicated 932-megawatt natural gas power plant and a closed-loop cooling system.
zerohedge.comAmazon will issue new bonds to fund AI infrastructure costs. The move follows Alphabet's large equity offering and comes as other tech firms adjust financing for data centers.
theiranproject.comDaily attempts in the UAE jumped from 200,000 to as many as 700,000. Drone strikes hit AWS data centers in March, causing regional outages in banking and payments.
ocregister.comThe Trump administration has instructed grid managers to require data centers to run backup power systems during a period of triple-digit temperatures across much of the United States. The directive aims to reduce strain on the electrical grid.
A company withdrew its appeal to the Virginia Supreme Court regarding a proposed data center. The withdrawal ends plans that would have created one of the largest facilities of its kind.
abcnews.go.comThe governor said the tax balances revenue needs with economic and national security priorities. The measure is expected to raise up to $600 million annually while preserving existing tax exemptions worth $1.9 billion.
Anthropic signed a 20-year lease with TeraWulf for a purpose-built AI infrastructure campus at a former smelter site in Hawesville, Kentucky. The deal is expected to generate about $19 billion in revenue and support 400 megawatts of computing capacity.
Amy Kremer chairs Humans First, which will hold demonstrations in 22 states. The group opposes hyperscale data centers and seeks local community input on AI infrastructure projects.
cnbc.comA bipartisan bill intended to address rising electricity prices from data centers advanced through a House subcommittee in mid-June. The legislation includes voluntary provisions for state utility regulators and measures to accelerate data center construction.
@KobeissiLetter reported that the deficit reached its highest level since March 2025. Exports dropped while imports rose on data center equipment purchases.
YonhapPresident Lee Jae Myung on July 4 dismissed opposition criticism that the government's regional investment drive was politically motivated. The three megaprojects target semiconductors, physical AI and data centers with 4,755 trillion won in planned spending.
French President Emmanuel Macron and Indian Prime Minister Narendra Modi have met with technology executives this year to discuss data center and cloud infrastructure projects. The two leaders hosted separate events that produced investment commitments from several companies.
slate.comApple raised MacBook and iPad prices in June. Xbox consoles will cost more starting in August. The increases follow earlier price hikes on the PlayStation 5 Pro and stem from memory chip makers prioritizing AI data center components.
americanbanker.comVoters in at least seven states filed recall petitions in May and June against local officials who backed data center projects. The actions follow disputes over project transparency, water use, and electricity demand.
Five companies outside the United States posted gains between 345% and 660% in the first half of 2026 as spending on AI infrastructure increased. The companies supply components used in servers and data centers.
YonhapSK Telecom announced plans to build multiple hyperscale AI data centers in southeastern South Korea. The investment totals 140 trillion won and targets operations beginning in late 2027.
YonhapPresident Lee Jae Myung announced on July 3 plans to build an aerospace industry belt encompassing satellites, rockets and next-generation aircraft. The pledge forms part of three mega projects targeting semiconductors, physical AI and data centers in the southern region.
A Tokyo-based chipmaker has started sending samples of its 332-layer flash memory chips to AI data center operators. The chips store 59% more data than the previous generation and will be produced at a plant in Iwate Prefecture.
cnet.comApple increased prices on most Mac and iPad models after RAM costs rose fourfold this year. The company attributed the increases to higher component prices driven by AI data center demand.
zerohedge.comThe Energy Department has instructed grid operators to draw on backup generators at data centers during periods of high electricity demand. The directive responds to record heat across much of the country. Officials say the measure aims to prevent shortages while backup capacity…
skift.comU.S. firms are expected to invest $50 billion in coal and natural gas generation this year, exceeding China's outlays by $3 billion for the first time in decades. The increase follows record orders for gas turbines amid data center growth and grid balancing needs.
wealthmanagement.comBrookfield Asset Management will develop data centers at Canary Wharf in London, CEO Connor Teskey told CNBC. The firm co-owns the district and already operates a multi-gigawatt global portfolio of such facilities.
enr.comDemand for batteries has risen sharply as data center developers seek storage to handle power surges from AI systems. U.S. installations hit new highs across utility, commercial and residential sectors.
SoftBank Group and SoftBank Corp. will launch SB Neo this month to supply AI chips and cloud services. The venture targets 10 gigawatts of data center capacity by 2030 and could raise annual operating income to ¥3 trillion to ¥4 trillion.
abcnews.go.comThe European Union is reconsidering a proposal that would have limited data center operators to buying emission offset certificates only from recent local wind and solar projects. OilPrice.com reported the change follows pushback from major technology companies.
New York PostA study by the Bitcoin Policy Institute states that a network tied to Neville Singham and the Party for Socialism and Liberation has backed local campaigns against data centers in 14 states. The report links the activity to blocked or delayed projects worth more than $20 billion.