Alternative asset manager Blackstone is considering a $2 billion initial public offering (IPO) for an acquisition company that would buy data centers, Bloomberg reported Friday (April 10), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
After Microsoft paused some development of data centers in spring 2025, the company was surprised to see the demand for artificial intelligence services race past its ability to provide them, Bloomberg reported Wednesday (April 1). Get the Full Story Complete the form to unlock this...
Amazon will invest $12 billion in data center campuses in Louisiana that will support its artificial intelligence (AI) and cloud computing technologies, the company said in a Monday (Feb. 23) press release. Get the Full Story Complete the form to unlock this article and enjoy...
New tax laws around research and capital investment reduced Amazon’s U.S. corporate income taxes by more than half in 2025, even as the company’s profits rose, the Wall Street Journal reported Friday (Feb. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
February 02, 2026
The modern power grid works so well that most people never think about it. At least until it doesn’t. Lights turn on instantly, homes stay cool during heat waves and electric vehicles charge overnight, as if electricity were infinite. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access […]
September 01, 2025
Multiple industries including cloud, chips, data storage, semiconductor manufacturing, data centers and servers are seeing revenue gains from artificial intelligence (AI), cementing its role as an economic driver. Get the...
June 12, 2025
The everything consumer requires an everything retailer, and that’s the pole position that retail giants Amazon and Walmart have been battling for over the past two decades. Get the Full...
February 14, 2025
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. Get the Full Story Complete...
April 15, 2026
Allbirds made a name for itself with its shoes fashioned from merino wool. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from […]
April 10, 2026
Alternative asset manager Blackstone is considering a $2 billion initial public offering (IPO) for an acquisition company that would buy data centers, Bloomberg reported Friday (April 10), citing unnamed sources....
April 01, 2026
After Microsoft paused some development of data centers in spring 2025, the company was surprised to see the demand for artificial intelligence services race past its ability to provide them,...
February 23, 2026
Amazon will invest $12 billion in data center campuses in Louisiana that will support its artificial intelligence (AI) and cloud computing technologies, the company said in a Monday (Feb. 23)...