In a strategic move to solidify its position as a leader in artificial intelligence, Canada is considering a remarkable investment of $15 billion aimed at bolstering its AI data centre industry. As global energy demands surge and competition intensifies, such an investment could redefine Canada’s technological landscape. The proposed financial incentive is set against a […]
Schneider Electric Partners with Nvidia to Revolutionize AI Data Centre Cooling Systems
In an ambitious move to tackle escalating energy demands driven by Artificial Intelligence (AI) technologies, Schneider Electric has joined forces with Nvidia, a leader in AI computing and graphics processing. This collaboration aims to develop innovative liquid cooling systems tailored specifically for data centres, ushering in a new era of energy efficiency and sustainability in […]
AMD's Strategic Shift to AI: 1,000 Job Cuts Amid Data Centre Growth
In a bold move reflecting the shifting dynamics of the technology sector, Advanced Micro Devices (AMD) has announced it is laying off approximately 1,000 employees, which is about 4% of its global workforce. This decision comes as the company aims to realign its focus towards the burgeoning artificial intelligence (AI) chip market, especially amid soaring […]
Schneider Expands Data Centre Offerings with $850 Million Deal
Schneider Electric, a global leader in energy management and automation, has recently unveiled a significant strategy shift with its announcement of an $850 million acquisition of a 75% stake in Motivair Corp. This U.S.-based company specializes in liquid cooling solutions tailored for high-performance computing. This all-cash deal is set to be completed in the forthcoming […]
Equinix Partners with GIC and CPP Investments for Major Data Centre Expansion
Equinix is making significant strides in the data centre industry by announcing a joint venture with Singapore’s GIC and the Canada Pension Plan Investment Board (CPP Investments). This strategic partnership aims to raise over $15 billion to bolster Equinix’s hyperscale data center operations across the United States. The decision comes at a pivotal moment, as […]
Alphabet's Major Investment in South Carolina: The Future of AI Infrastructure
In a significant move that underscores its commitment to artificial intelligence (AI), Alphabet Inc. has announced a substantial investment of $3.3 billion to establish two new data centres in South Carolina. This expansion is a part of a broader strategy aimed at enhancing the company’s infrastructure to support the ever-growing demands of AI applications. The […]