data centers

Saudi Arabia and UAE Vie for Middle East AI Supremacy

Saudi Arabia and UAE Vie for Middle East AI Supremacy
Saudi Arabia and UAE Vie for Middle East AI Supremacy
June 09, 2025  |  artificial intelligence

Saudi Arabia and the United Arab Emirates (UAE) are locked in a high-stakes race to be the main artificial intelligence (AI) tech hub in the...

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Saudi Arabia Unveils $10 Billion VC Fund in Race for Middle East’s AI Crown
Saudi Arabia Unveils $10 Billion VC Fund in Race for Middle East’s AI Crown
May 28, 2025  |  artificial intelligence

Saudi Arabia’s new state-backed AI company plans to launch a $10 billion venture capital fund and seek investments from top U.S. tech companies as it...

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OpenAI Texas Data Center Lands $11.6 Billion in Funding Commitments
OpenAI Texas Data Center Lands $11.6 Billion in Funding Commitments
May 21, 2025  |  Artificial Intelligence

One of OpenAI’s future data centers has reportedly secured $11.6 billion in funding commitments. Get the Full Story Complete the form to unlock this article...

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This Week in AI: Google Expands AI and ‘Generative Ghosts’ Are Coming
This Week in AI: Google Expands AI and ‘Generative Ghosts’ Are Coming
April 25, 2025  |  artificial intelligence

From Tesla’s CEO shifting focus amid earnings headwinds to Google’s artificial intelligence (AI) advancements and a glimpse into digital immortality, here are the top stories...

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AWS, Microsoft Slow Down Data Center Deployments
AWS, Microsoft Slow Down Data Center Deployments
April 22, 2025  |  Technology

AWS and Microsoft are pausing or slowing down the development of data centers, according to a Wells Fargo research note shared with PYMNTS. Get the...

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Nvidia and xAI Sign On to $30 Billion AI Infrastructure Fund
Nvidia and xAI Sign On to $30 Billion AI Infrastructure Fund
March 19, 2025  |  artificial intelligence

Elon Musk’s xAI and chipmaker Nvidia have joined a $30 billion artificial intelligence (AI) infrastructure project. Get the Full Story Complete the form to unlock...

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Report: Meta Looks to Raise $35 Billion to Develop Data Centers
Report: Meta Looks to Raise $35 Billion to Develop Data Centers
February 27, 2025  |  Meta

Meta is reportedly in talks to raise $35 billion to help finance the development of data centers in the U.S. Get the Full Story Complete the form...

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Microsoft Refutes Reports of AI Infrastructure Pullback
Microsoft Refutes Reports of AI Infrastructure Pullback
February 24, 2025  |  Technology

Microsoft reportedly still plans to earmark $80 billion for capital expenditures, despite reports suggesting otherwise. Get the Full Story Complete the form to unlock this article...

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Divided Picture Emerges on Tech and Enterprise AI Spend
Divided Picture Emerges on Tech and Enterprise AI Spend
February 14, 2025  |  artificial intelligence

Global IT spending is expected to increase by 9% in 2025, driven by AI and cloud expenditures, according to a report from S&P Global Ratings....

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