Qualcomm will acquire the Silicon Valley chip startup Modular for nearly $4 billion. The companies announced the acquisition on Wednesday; Qualcomm said it expects to issue up to 19.2 million shares of common stock in the deal, which works out to just under $4 billion based on the company’s last closing share price. The deal, … Read more
As Big Tech dumps billions of dollars into America’s data center buildout, a slew of opportunities have opened up to the electricians wiring these massive facilities. In some cases, the scale of the projects and the demanding construction timelines are fueling talent wars for the industry’s best and brightest. The US-based International Brotherhood of Electrical … Read more
Earlier this month, five current Amazon employees publicly urged Seattle City Council to regulate data centers. It was an unprecedented act of advocacy by tech workers, and now, three of the staffers say they are now under internal investigation for what they understand to be allegedly representing themselves as spokespeople for the company without prior … Read more
The US government is quietly planning to allow a rule outlining the standards for federal data center usage and operations, known as the Federal Data Center Enhancement Act (FDCEA), to expire, according to sources who spoke to WIRED. Neither Congress nor the Trump administration appears to be making significant moves to protect or extend the … Read more
Right-wing officials and data center investors are increasingly claiming that data center protests are being funded and influenced by the Chinese government. OpenAI added to the discourse on Wednesday when it released a report describing a cluster of accounts originating in China that, the company said, had been spreading anti-data center messages on social media. … Read more
SpaceX, Elon Musk’s behemoth company that launches rockets and runs data centers, is set to go public Friday with a target valuation above $1.75 trillion. The move will make Musk, already the richest man in the world, vastly wealthier. A public offering will allow SpaceX to raise even more money to fund its AI ambitions, … Read more
China has become the first country in the world to operate an underwater data center, or UDC, powered by wind. Located off the coast of Shanghai, the complex represents a significant advance in the country’s strategy to secure energy supplies in the face of the accelerated growth of artificial intelligence, reduce dependence on fossil fuels, … Read more
Alexis Goldstein has a simple pitch to American voters. Let her take out the data centers. There’s more to it, of course. Goldstein has a long background in the finance and tech worlds, and a host of ideas on where public money that’s being used for tax breaks to Big tech should be spent. But … Read more
On Monday, SpaceX amended its initial public offering to state that water conditions—including water scarcity, regulations around water, and drought—could constrain data center development. It isn’t the only tech company trying to assess how water scarcity might impact its business. Water use is emerging as one of the most contentious data center issues. A recent … Read more
Three Amazon employees on Wednesday publicly called for regulations on new data centers, telling elected officials in Seattle that unchecked development of the sharply disputed nerve centers of AI threatens the region’s environment, economy, and safety. “Local governments, in collaboration with community stakeholders, should be setting the terms for data center buildout,” Amazon senior software … Read more