Data center operator DataBank has raised $250 million in an equity investment and an additional $600 million in a secondary share sale.
"We expect CapEx growth in 2025 will be driven by increased investment to support both our generative AI efforts and our core business. The majority of our CapEx in 2025 will continue to be directed ...
Microsoft Corp. said its cloud-computing business will continue to grow slowly in the current quarter as the company ...
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ABB expects increased demand from the data centre market for its electrification products, CEO Morten Wierod said on Thursday, despite the promise of lower-energy AI models from China's DeepSeek.
A Heath-Microsoft deal will provide the city $12 million for road and utility improvements around a Microsoft data center ...
Microsoft shares fell in Europe on Thursday after it issued a downbeat forecast for its cloud business, while Facebook parent ...
Microsoft is doubling down on its investments in Malaysia with the acquisition of an additional plot of land near the ...