China's AI data center boom goes bust: Rush leaves billions of dollars in idle infrastructure
China's rush to build AI data centers in 2023–2024 has collapsed into underused infrastructure, falling profits, and outdated ...
Amazon's last-minute bid for TikTok comes as a US ban on the platform is set to take effect Saturday
Amazon has put in a bid to purchase TikTok, a Trump administration official said Wednesday, in an eleventh-hour pitch as a ...
Data Center Frontier5dOpinion
Microsoft Hits Pause, CoreWeave Retreats: What It Means for AI Data Center Growth and Hyperscalers
Amid lease cancellations and market pullbacks, the AI data center surge faces its first real test. But is this a slowdown or ...
MIT Technology Review8d
China built hundreds of AI data centers to catch the AI boom. Now many stand unused.
while ByteDance plans to invest around $20 billion in GPUs and data centers. In the meantime, companies in the US are doing likewise. Major tech firms including OpenAI, Softbank, and Oracle have ...
Business Facilities9d
Number Of Global Hyperscale Data Centers Has Doubled
The U.S. now accounts for more than half of total worldwide hyperscale data center capacity, reveals new data from Synergy ...
China's AI craze has led to empty data centers and falling GPU rentals
Xiao Li, a former real estate contractor who pivoted to AI infrastructure in 2023, has witnessed this transformation ...
Amazon's last-minute bid for TikTok comes ahead of US ban on Saturday
Amazon has put in a bid to purchase TikTok, a Trump administration official said on Wednesday, in an eleventh-hour pitch as a ...
Analytics Insight9d
Deal Alert: ByteDance Investors in US Take Center Stage in TikTok Acquisition Talks
TikTok’s future in the United States is still uncertain. Since the U.S. Supreme Court passed the law banning the app, unless some U.S. company acquires charge o ...