A new analysis reveals a massive, looming accounting problem for tech giants. As they spend hundreds of billions on AI data centers, outdated depreciation models could soon crush reported earnings, challenging Wall Street’s rosy margin forecasts.
Microsoft posted solid Q2 earnings but shares tanked 12% after Azure cloud growth came in at 39%, slightly below some lofty expectations. Wall Street analysts, however, are overwhelmingly bullish, calling the sell-off an overreaction and pointing to the company’s strategic AI investments.
Bill Gates convened a private summit in Madrid with top Spanish and Portuguese utility executives and politicians. The closed-door meeting aimed to smooth the path for massive data center investments, including Microsoft’s planned €20 billion buildout in the region, by influencing European energy gr
Cloud security startup Upwind just landed a massive $250 million Series B, valuing the company at $1.5 billion. The company, founded just four years ago, is betting big on an “inside-out” security model it calls “runtime” security. They’re seeing explosive growth, with 900% year-over-year revenue in
Amsterdam’s Lucend has secured €2.7 million in Seed funding to expand its data center optimization platform to the United States. The round was led by Remarkable Ventures Climate, with participation from Mitsubishi Electric’s fund and others. The startup’s software analyzes billions of data points t
IonQ is making its biggest move yet, buying semiconductor foundry SkyWater Technology for roughly $1.8 billion. The deal aims to create a “vertically integrated quantum platform” and speed up manufacturing. But it’s a huge bet on a technology still in its infancy.
HPE can continue integrating Juniper Networks while a group of states challenge the deal’s antitrust settlement. The judge questioned the states’ request for a broad injunction, noting a lack of evidence for “irreparable harm.”
New research from Rice and Harvard reveals the starkly different location strategies for hyperscale and colocation data centers. It’s a tale of cheap power versus low latency, shaping where our digital infrastructure gets built.
Google is introducing new AI-powered features to Gmail, aiming to help users manage their inboxes. However, the most advanced capabilities, like asking questions about your emails, are reserved for paying subscribers.
Wisconsin lawmakers have introduced a bill to create a new utility rate class specifically for data centers. The legislation aims to prevent other customers from subsidizing the massive power and water demands of these facilities.
