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$77M Deal Creates Just One Job in NY Datacenter

In 2024, Rockland County, New York, approved $77 million in tax incentives for JPMorgan Chase’s datacenter expansion, drawing zero opposition. Now, skepticism grows as watchdogs highlight the project’s sole creation of one permanent job, despite initial claims of economic benefits.…

MPs Investigate Low-Energy Chips to Tame AI Power Demands

The UK’s Science, Innovation and Technology Committee is investigating how emerging low-energy computing technologies might ease the increasing electricity consumption driven by AI. As AI models expand, so do the power requirements for data centers, which currently use about 2.5%…

The Evolving AI Datacenter Landscape in the UK

The UK is witnessing a shift in AI datacenter capacities as these facilities move away from the traditional hub of London. The capital’s power shortages and planning constraints, coupled with a declining dependency on low-latency connections for financial services, make…

UK Sovereign AI Initiative Begins with £80M Funding Round

The UK government is initiating an £80 million AI procurement to engage tech firms, leveraging its £500 million sovereign capability fund. Recently released documentation indicates the government’s intent to validate new AI technologies, assisting in risk reduction for market investments…

Fermi America’s Datacenter Saga Continues

Over a whirlwind weekend, the leadership at Fermi America underwent sweeping changes, as the datacenter aspirant strives to enhance its West Texas site to the ambitious target of 17 gigawatts. CEO Toby Neugebauer resigned abruptly, with CFO Miles Everson stepping…

IOWN Forum Aims to Enhance AI Infrastructure via Datacenter Links

The IOWN Forum is setting its sights on the potential of datacenter interconnects to improve AI infrastructure. During its recent assembly in Sydney, leaders from the Forum discussed the transformative capacity of their high-speed optical networks, designed to replace traditional…

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