SoftBank Plans €75 Billion AI Data Center Push In France
SoftBank plans a major AI infrastructure expansion in France, including up to €75 billion for data centers and related capacity.
SoftBank plans a major AI infrastructure expansion in France, including up to €75 billion for data centers and related capacity.
SoftBank is reportedly creating Roze, an AI and robotics company focused on data centers, with a possible U.S. listing.
French AI startup Mistral has raised $830 million in debt financing to build a new Nvidia-powered data center near Paris, set to open in Q2 2026.
AI infrastructure firm Nebius Group announced a massive $10 billion investment to build a 310-megawatt AI data center in Finland to meet European compute demand.
Liberty Utilities must secure a new electricity supplier for 49,000 Lake Tahoe customers by May 2027 after NV Energy terminated its contract. The utility cites unprecedented data center demand tripling Nevada's expected peak power needs.
Amazon, Google, Microsoft, Meta and Oracle plan $700B AI investment in 2026, rivaling national GDPs and reshaping the global economy.
New York lawmakers introduce bills requiring AI-generated news labels and a three-year pause on data center permits amid rising energy costs.
Amazon, Alphabet, Meta, and Microsoft collectively forecast unprecedented $650 billion capital expenditures for 2026, marking a 60% increase from last year as tech giants race to dominate AI computing with massive data center buildouts and chip investments.
Intel's stock fell 13% after the company reported difficulties meeting the high demand for AI data center chips and issued a weak revenue forecast for the first quarter of 2026.
The Trump administration is pressuring major tech companies to finance new power plants to support the energy demands of AI data centers, as electricity prices soar.
Trump and northeastern governors urge emergency electricity auction requiring tech companies to fund $15 billion in new power generation for AI data centers.
Trump administration and bipartisan governors tackle energy crisis from AI data centers, proposing power auctions to boost supply and curb rising electricity costs.