A new analysis reveals tech giants are using Special Purpose Vehicles to hide the massive cost of building AI infrastructure. This accounting move keeps debt off their main balance sheets, masking the true financial scale of the AI arms race.
Nigeria is negotiating with Google to build a new undersea internet cable, aiming to diversify its connections and avoid outages. The country’s tech chief calls the current setup a “single point of failure” and wants more investment in cloud and computing power.
Alphabet is spending billions to secure clean energy for its AI data centers. The $4.75 billion acquisition of Intersect Power comes as Google’s carbon emissions have surged 48% since 2019.
According to an internal Nvidia document, Capital One is actively exploring alternatives to Amazon Web Services to control soaring AI costs. The bank fears its need for GPUs will make AWS expenses unsustainable, looking at “AI factories” and upstart “neocloud” providers. This highlights a major tens
In a major land-for-compute deal, Bolt Data & Energy is partnering with Texas Pacific Land Corporation to develop data center campuses across West Texas. The partnership taps into TPL’s vast 880,000-acre holdings in the Permian Basin.
VNG is merging its cloud and AI infrastructure units under the GreenNode brand. The move aims to create a unified AI cloud platform to compete across Southeast Asia.
A major partnership aims to build over 1 gigawatt of AI data center capacity in Alberta. The first phase involves four facilities and nearly a billion dollars in investment, targeting 2026 for initial operations.
Three Senate Democrats are demanding answers from seven major tech and data center firms. They allege the explosive growth of AI infrastructure is causing electricity prices to spike by as much as 267% in some areas, with costs being shifted to consumers.
The final major Kubernetes release of 2025 is here. Version 1.35 brings a long-awaited feature for production stability and continues the project’s cleanup of older systems.
OpenAI is in discussions with Amazon for a potential $10 billion investment and to use AWS’s custom Trainium AI chips. This follows OpenAI’s move away from an exclusive cloud partnership with Microsoft, now also working with Google and Oracle.
