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AI News

News reporting focused on AI and machine learning, covering the companies behind these technologies, their real-world applications, and the ethical concerns they raise. This includes areas like generative AI (large language models, text-to-image and video), speech tech, and predictive analytics.

Latest News

8 articles
Industry

Nvidia and Six Financial Giants Target $500 Billion for AI Factories, but the Fine Print Will Decide Everything

Nvidia and six major financial firms announced plans to raise over $500 billion for AI data centers, aiming to create a new investable asset class. However, the deal is based on memorandums of understanding, not contracts, and hinges on contractual terms regarding hardware depreciation and residual value. Investors will independently assess each project, with Nvidia offering limited residual-value support.

Aug 116 minNeura News
Industry

AI Boom Revives Nuclear Power as Tech Giants Invest Billions

The massive energy demands of artificial intelligence are driving a nuclear power renaissance in the United States. Tech giants including Microsoft, Google, Amazon, and Meta have committed billions of dollars to finance nuclear projects, securing nearly 10 gigawatts of capacity. Microsoft alone is investing $16 billion to restart a reactor at Three Mile Island, which will power its AI data centers. This shift marks the first time in decades that nuclear power has become financially viable again, with Big Tech effectively becoming power companies.

Jul 267 minNeura News
Industry

Power line failure reveals AI data center grid risks and solutions

A fallen power line near Washington, DC caused over 3 gigawatts of data center load to vanish from the PJM grid in seconds, spiking voltage across the region. The event, which made lights flicker from Northern Virginia to Chicago, highlights a growing problem as AI data centers become larger and more concentrated. Experts warn that without better coordination or technology like ON.Energy's battery-backed uninterruptible power supply, such disruptions will become more frequent and severe.

Jul 255 minNeura News
Industry

SoftBank to invest 75 billion euros in French AI data centers

SoftBank has announced plans to build AI data centers in France with a total capacity of 5 gigawatts, representing an investment worth up to 75 billion euros. The first phase includes 45 billion euros for 3.1 gigawatts in the Hauts-de-France region, with sites in Dunkirk, Bosquel, and Bouchain targeted by 2031. The project, unveiled at President Macron's Choose France summit, is SoftBank's largest AI infrastructure investment in Europe.

May 313 minNeura News