Topic: data center expansion
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e& enterprise deal to triple Serbia's data center capacity
e& enterprise and Serbia's Office for IT and e-Government have partnered to triple Serbia's data center capacity, positioning it as a regional digital hub. The expansion focuses on scaling the Tier-4 data center in Kragujevac to meet domestic and international demand with sovereign cloud and digi...
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Meta Uses Real Tents to Speed Up Data Center Construction
Meta is rapidly expanding its AI infrastructure using unconventional methods like temporary tent-based data centers to compete with rivals like OpenAI and Google, prioritizing speed over long-term resilience. The company is investing in large-scale projects like Hyperion, a 5-gigawatt data center...
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Meta Plans $72B AI Investment in 2025 Amid Tech Arms Race
Meta plans to invest $72 billion in AI infrastructure by 2025, doubling capital expenditures to expand data centers and hardware for next-gen AI models. The company is building two powerful AI superclusters (Prometheus and Hyperion) and faces challenges like strained utilities in communities near...
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5 Must-Know AI Facts You Can't Miss
AI's rapid advancement is accompanied by significant misunderstandings about its energy consumption, inner workings, and true capabilities, shaping both its potential and limitations. Training and deploying large AI models consume massive electricity, with environmental impacts still being uncove...
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xAI CFO Exits Elon Musk's AI Firm in Latest Executive Departure
xAI's CFO Mike Liberatore departed after a brief tenure, continuing a pattern of high-level executive turnover at Elon Musk's AI company. During his time, Liberatore secured $5 billion in debt financing and managed infrastructure growth, with nearly half of the equity funding coming from SpaceX. ...
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Meta's Scale AI Partnership Shows Signs of Strain
Meta's $14.3 billion investment in Scale AI is facing turbulence, including executive departures and Meta's expansion to rival data labeling vendors. Scale AI is losing major clients and pivoting to government contracts, while Meta's AI division struggles with talent retention and internal reorga...
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