NY pauses large data center buildout
New York Gov. Kathy Hochul (D) is imposing the nation’s first-ever statewide freeze on new “hyperscale” data centers. © AP Photo/Julia Demaree Nikhinson, File Hochul is pausing state-level environmental permits for “up to” a year to give the state time to put together a framework to protect the environment, the energy grid and New Yorkers’ electric bills, […]
Trinidad and Tobago signs agreements with US companies that pave the way for data centers
PORT-OF-SPAIN, Trinidad (AP) — Trinidad and Tobago has signed agreements paving the way for U.S. companies to begin groundwork for installing large data centers in the Caribbean nation, sparking concerns about potential energy consumption and environmental impacts. The memorandums of understanding with the Florida-headquartered Hummingbird AI Holdings and New York-based Ernst and Young LLP were signed on Friday, […]
SK Hynix to spend US$64 bil on chip plants under broader AI-driven investment plan
SEOUL (July 2): SK Hynix said on Thursday that it planned to invest 100 trillion won (US$64.38 billion) to build new NAND memory chip and packaging factories as part of a massive investment programme aimed at addressing a shortage driven by the AI boom. The projects in the country’s central city of Cheongju outlined on Thursday […]
G-Group receives investment certificate for nearly $300M Data Center and High-Tech Complex
By Thy An July 3, 2026 | 07:00 pm PTGet VnExpress first in Google SearchG-Group Technology Corporation has received an Investment Registration Certificate for G-Campus, a nearly US$300 million AI-ready digital infrastructure project to be developed at Hoa Lac Hi-Tech Park. The certificate was presented on the announcement of the Hanoi Capital master plan with a […]
South Korean tech giants to build a $518 billion chipmaking hub to serve soaring AI demand
SEOUL, South Korea (AP) — South Korean tech giants Samsung Electronics and SK Hynix said Monday they will invest a combined 800 trillion won ($518 billion) in building a new computer chipmaking hub in the country’s southwest region, capitalizing on surging artificial intelligence -driven demand. President Lee Jae Myung joined the companies’ chairs Monday in announcing the plan, which dovetails with […]
Maps Show Data Centers in Areas Where Power Grids Struggling
As a dangerous summer heat wave pushes electricity demand toward record levels, some of the nation’s largest data center markets are clustered in places where power grids are already under strain or facing warnings of future stress. The pressure is most immediate in the Mid-Atlantic grid operated by PJM Interconnection, where recent federal emergency orders […]
Opinion — Malaysia’s data centre boom: From investment surge to sustainable growth
THE global race to build artificial intelligence (AI) capabilities is redrawing Asia’s investment map, and Malaysia stands out as one of the region’s biggest beneficiaries. Surging demand for computing power, cloud services, and data storage is rapidly transforming the country into a regional data centre hub. But the pace of expansion is also exposing structural […]
Hundreds gather to oppose £13bn data centre
Hundreds of people gathered in a north Devon town to organise a campaign against plans for a massive data centre and battery energy storage site in nearby countryside. Xlinks wants to spend up to £13.8bn on building what it calls a data campus on agricultural land near Great Torrington that it says would be among the largest […]
Together AI raises $800 million at $8.3 billion valuation
July 1 (Reuters) – Together AI on Wednesday said it has raised $800 million in a funding round led by Aramco Ventures (2222.SE), opens new tab, more than doubling the artificial intelligence startup’s valuation to $8.3 billion. Founded in 2022, the startup’s platform lets companies train and run AI workloads on open models such as DeepSeek, […]
YTL Power hits near two-year high on potential listing of data centre business
KUALA LUMPUR (July 1): Shares of YTL Power International Bhd (KL:YTLPOWR) climbed to their highest level in nearly two years on Wednesday, after RHB Investment Bank said it may list its data centre business next year. RHB Investment Bank in a report on Wednesday said management is considering listing its data centre business next year […]