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OpenAI CFO Sarah Friar Addresses AI Demand, Q3 Growth, and Data Center Concerns Amid Midterm Election Impact

OpenAI CFO Sarah Friar Addresses AI Demand, Q3 Growth, and Data Center Concerns Amid Midterm Election Impact

OpenAI CFO Sarah Friar Addresses AI Demand, Q3 Growth, and Data Center Concerns Amid Midterm Election Impact
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OpenAI Secures $11 Billion in New Investments, Valuation Reaches $1.25 Trillion Amidst Infrastructure Expansion Plans

OpenAI Secures $11 Billion in New Investments, Valuation Reaches $1.25 Trillion Amidst Infrastructure Expansion Plans

OpenAI Secures $11 Billion in New Investments, Valuation Reaches $1.25 Trillion Amidst Infrastructure Expansion Plans
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Broadcom Stock Experiences Significant Decline Amidst Broader Chip Sector Downturn

Broadcom Stock Experiences Significant Decline Amidst Broader Chip Sector Downturn

Broadcom Stock Experiences Significant Decline Amidst Broader Chip Sector Downturn
ReutersReuters
Democrats planning flood of AI bills when they take control of Congress

Democrats planning flood of AI bills when they take control of Congress

By Courtney Rozen WASHINGTON, Nov 6 (Reuters) - Democrats are planning to unleash a flood of new legislation targeting artificial intelligence systems and data-center development when they take control of the US Congress in January, lawmakers, congressional aides and advocates said.
ReutersReuters
Google plans $17 billion Wyoming data center amid rising threats of curbs

Google plans $17 billion Wyoming data center amid rising threats of curbs

Nov 5 (Reuters) - Alphabet's Google will invest $17 billion to build its first data center in Wyoming, the company said on Thursday, pushing ahead with a major AI infrastructure investment as political resistance to data center expansion grows following the US midterm elections.
ReutersReuters
Microsoft declines option to expand Texas data center deal with Nscale, source says

Microsoft declines option to expand Texas data center deal with Nscale, source says

By Preetika Parashuraman and Disha Mishra Nov 5 (Reuters) - Microsoft will not exercise an option to more than double the size of its existing agreement with AI cloud provider Nscale to rent more computing power at a Texas data center, according to a person familiar with the matter.
ReutersReuters
Wall St slumps as sharp tech losses put Nasdaq on course for correction

Wall St slumps as sharp tech losses put Nasdaq on course for correction

By Shashwat Chauhan and Utkarsh Hathi Nov 5 (Reuters) - US stocks dropped sharply on Thursday, with the Nasdaq poised to confirm correction territory as steep losses in chip and data center-related stocks weighed a day after the Democrats' sweeping midterm election victory powered a broad-based
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OpenAI Pledges Full Data Center Power Costs and Halts NDAs Amid Public AI Concerns

OpenAI Pledges Full Data Center Power Costs and Halts NDAs Amid Public AI Concerns

OpenAI Pledges Full Data Center Power Costs and Halts NDAs Amid Public AI Concerns
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OpenAI to Continue Data Center Investments Despite Midterm Election Rebukes

OpenAI to Continue Data Center Investments Despite Midterm Election Rebukes

OpenAI to Continue Data Center Investments Despite Midterm Election Rebukes
AP NewsAP News
AI data centers took a beating in the midterm elections. A reckoning may be ahead for tech giants

AI data centers took a beating in the midterm elections. A reckoning may be ahead for tech giants

Opposition to artificial intelligence data centers was part of midterm races across the U.S., with campaigns featuring them in hundreds of millions of dollars' worth of TV ads and many winners pledging to clamp down on the energy-hungry behemoths
ReutersReuters
Tech-stock rout accelerates retreat from the AI trade

Tech-stock rout accelerates retreat from the AI trade

NEW YORK, Nov 5 (Reuters) - Tech stocks were headed for their worst decline since June on Thursday, with the semiconductor index briefly falling by double digits in the latest autumn reckoning for the AI sector.
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Broadcom Shares Decline Amidst Broader Chip Stock Downturn and Data Center Concerns

Broadcom Shares Decline Amidst Broader Chip Stock Downturn and Data Center Concerns

Broadcom Shares Decline Amidst Broader Chip Stock Downturn and Data Center Concerns