Topic: data center demand
-
Europe's Power Grids Strained by AI Energy Demands
Europe's electricity grids are under severe strain due to a surge in AI-driven data center demand, creating a bottleneck where existing infrastructure cannot deliver sufficient power to key locations, risking system stability. The backlog is immense, with connection queues in England and Wales al...
Read More » -
US power grid strained by AI demand, raising concerns
PJM Interconnection faces a major crisis as surging demand from cloud computing and AI strains its grid, leading to a years-long backlog for new power connections and prompting the organization to warn it has "years, not decades" to implement sweeping reforms. PJM's white paper proposes three ref...
Read More » -
Switch in talks to raise funds at over $50bn valuation
Switch is pursuing a fundraising round that could value the company at over $50 billion, capitalizing on surging demand for data-centre infrastructure driven by the AI boom. This ambitious valuation reflects a dramatic shift in investor appetite for data-centre operators, as the AI gold rush resh...
Read More » -
Energy supplier leaves Lake Tahoe residents for data centers
Liberty Utilities, Lake Tahoe's main power supplier, will lose its electricity contract with NV Energy by May 2027, affecting nearly 49,000 California residents. NV Energy is terminating the agreement due to surging demand from data center development in northern Nevada, which could require 5,900...
Read More » -
Climate tech IPO window shows signs of reopening
Climate tech IPOs are gaining traction, exemplified by nuclear startup X-energy's $1 billion public offering with a 25% first-day share surge and geothermal startup Fervo filing for an IPO, driven by rising electricity demand from AI data centers. These companies chose traditional IPOs over SPACs...
Read More » -
Arbor Energy Wins $1B Rocket Turbine Grid Contract
Arbor Energy has secured a multi-billion dollar deal to supply up to 5 gigawatts of its modular Halcyon turbines to GridMarket, addressing surging power demand driven by the rapid expansion of digital infrastructure. The turbines, which use aerospace-derived technology and 3D printing, were origi...
Read More » -
Tesla’s battery business is in high demand
The market for large-scale stationary batteries has surged, doubling in size over the past two years, with projected annual installations exceeding 110 GWh by 2030, driven by AI data centers and economy-wide electrification. GM is entering the energy storage market with a new sodium-ion battery c...
Read More » -
Heron Power Secures $140M to Scale Grid-Transforming Technology
Heron Power, led by a former Tesla executive, secured $140 million to scale manufacturing of its advanced solid-state transformers, driven by over 40 gigawatts of customer commitments. The company's Heron Link technology modernizes power delivery by being more compact, intelligent, and modular th...
Read More » -
Microsoft CEO: Copilot AI Usage Is Soaring
Microsoft reported strong quarterly financial results, with revenue and net income growing significantly and Microsoft Cloud revenue exceeding $50 billion, yet investor caution led to a stock price decline due to concerns over massive AI infrastructure spending. The company is making staggering c...
Read More » -
Meta's $100B AMD Deal Powers AI 'Superintelligence' Push
Meta has entered a multiyear agreement to purchase up to $100 billion worth of AMD processors, a strategic move to diversify its chip supply and fuel its AI data centers. The deal includes a performance-based warrant for Meta to acquire up to 10% of AMD stock, with a final tranche contingent on A...
Read More » -
Last Energy Raises $100M for Compact Steel Micro Reactor
Last Energy secured $100 million in Series C funding to develop compact, mass-producible small modular reactors, reflecting a market shift towards recognizing nuclear power's role in meeting growing electricity demands. The company is building a 20-megawatt reactor using a proven pressurized wate...
Read More » -
Apple to Raise Prices, Citing Unsustainable RAM Costs
Apple CEO Tim Cook confirmed unavoidable price increases due to an unsustainable surge in memory costs, driven by a RAM shortage affecting the entire tech industry. The company has already taken steps like stopping the Mac Studio with 512GB of RAM and raising the Mac Mini's starting price, with f...
Read More » -
Solar and Hydro Gains Push Coal Off US Grid
US grid has returned to modest demand growth and renewables displacing coal, with hydroelectric generation surging due to unseasonably warm weather in the western US causing early snowpack melting. Solar output grew 24% year-over-year in the first quarter of 2026, offsetting 80% of the rise in el...
Read More » -
Type One Energy Secures $87M, Led by Bill Gates, for Fusion Power
Type One Energy has secured $87 million in new funding, bringing its total venture investment to over $160 million and reflecting strong investor confidence in fusion technology as a solution to rising global electricity demands. The company is developing a commercial fusion power plant using a m...
Read More » -
PC Shipments Defy RAM Shortages With Surprising Growth
The global PC market saw strong growth in late 2025, with shipments rising nearly 10% due to factors like the end of Windows 10 support and strategic inventory building ahead of potential tariffs and shortages. A critical memory shortage, driven by high demand from AI data centers, is expected to...
Read More » -
RAMageddon Crisis Hits Retro Handheld Makers Including Evercade
Blaze Entertainment, maker of the Evercade retro console, is hoarding components years ahead due to a severe memory chip shortage ("RAMageddon") driven by AI industry demand, having already secured cartridge chips for 2027. The supply chain crisis has caused RAM and cartridge chip costs to skyroc...
Read More »