SpaceX's $329M Tesla Megapack Spending Signals AI Infrastructure Race Heating Up
SpaceX has purchased $329M in Tesla battery storage this year, with most spending tied to powering xAI's compute-intensive data centers.
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U.S. Data Centers Will Demand One-Fifth of National Electricity by 2035, BloombergNEF Warns
AI compute infrastructure is projected to quadruple power consumption, straining regional grids and pushing electricity prices to historic highs.
Smartbird's CEO Has a $100M Budget and Zero Team Members
Allbirds' pivot to AI infrastructure is now Smartbird, with former AWS executive Nadia Carlsten leading the charge into data-sovereign compute.
Meta Establishes First Indian AI Infrastructure Hub via Reliance Partnership
Meta and Reliance Industries announced a 168 MW AI data center in Gujarat, marking Meta's initial infrastructure play in India's rapidly expanding AI compute market.
Alphabet to raise $80B in stock sale for AI infrastructure expansion
Google's parent company plans major capital raise to fund compute buildout amid surging enterprise demand for AI services.