While AI accounted for only 12% of the 33 GW in data center power demand in 2024, that could increase to 70% of the 176 GW in data center power demand expected by 2035, according to Deloitte analysis.

Now, with the advent of generative AI, new data centers need upwards of 500 or 1,000 megawatts, according to Lee – five or ten times as much energy, equivalent to half a million homes.

According to projections from analysts at Fortune Business Insights, the global AI data center market will grow at a compounded annual growth rate of 26.8% between now and 2032.

Broadcom explained on Tuesday why the newly launched 102.4-Tbps Tomahawk 6 Ethernet switch series is “poised to make a rapid and dramatic impact on the deployment” of AI data centers.

Shares of Applied Digital rocketed nearly 50% higher Monday after announcing a deal to lease data center space to AI darling CoreWeave.

The data-center operator announced a lease deal with Nvidia-backed AI firm CoreWeave. The 15-year agreement is expected to generate $7 billion of revenue for Applied Digital.

Oil and gas hub Alberta made a big pitch in 2024 to supply power for AI data centers. It didn’t convince BCE Inc., which is setting up one of the first major systems in the country.

In 2024, the Atlanta area overtook Northern Virginia as the No. 1 market for data center absorption in 2024, according to CBRE. The city became the national leader in data center demand after net ...

This month, Groq also brought new data centers online in Houston (DataBank) and Dallas (Equinix), pushing total global network capacity to over 20 million tokens per second. The momentum reflects ...

As the world scrambles to scale artificial intelligence, Asia is running into a very physical problem: not enough data centers and infrastructure, said Ian Andrews, the chief revenue officer at ...

Asia is already seeing bottlenecks when it comes to infrastructure like data centers and power, said Ian Andrews, chief revenue officer at Groq.Infocomm Media Development Authority Asia is struggling ...

Asia is already seeing bottlenecks when it comes to infrastructure like data centers and power, said Ian Andrews, chief revenue officer at Groq.Infocomm Media Development Authority Asia is ...