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Microsoft is about to pump billions more into AI data centers
Business Insider
·
1y ago
Medial
Microsoft is planning to invest $2.9 billion in AI data centers in Japan by 2025. The company will place advanced AI semiconductors in two existing data centers, develop an AI training program for 3 million workers, build an AI and robotics research lab, and collaborate with the Japanese government on cybersecurity practices. This investment is part of Microsoft's effort to boost Japan's competitiveness in AI and keep up with the US in artificial intelligence technology and computing. Recently, Microsoft also announced investments in UK data centers and the opening of an AI hub in London.
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Microsoft, OpenAI plan $100 bn data-centre project, AI supercomputer: Report
Livemint
·
1y ago
Medial
Microsoft and OpenAI are reportedly collaborating on a massive data center project that could cost up to $100 billion. Part of the project includes the development of an AI supercomputer named "Stargate," set to launch in 2028. The proposed supercomputer would be the largest in a series of data centers planned by the companies. Microsoft is expected to finance the project, which is estimated to be 100 times more costly than existing data centers. The project aims to meet the increasing demand for AI data centers capable of handling advanced tasks.
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Generative AI, data centres to define India’s tech industries in 2025
Livemint
·
7m ago
Medial
India's technology sector is expected to witness a surge in demand for data centers and their services as generative artificial intelligence (AI) and related data applications define client orders, financial growth, and technical innovation in 2025. Companies like Adani Group, Bharti Enterprises' Nxtra, and Yotta Data Services are already investing billions to expand their data center capacities. Despite initial cautiousness, the adoption of generative AI is expected to increase in the coming years, offering transformative opportunities for businesses in India. Experts believe that 2025 will be a significant year for data centers and generative AI in India's tech industry.
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Microsoft to spend $3.2 billion in Australia as AI regulation looms
Economic Times
·
1y ago
Medial
Microsoft is set to invest $3.2 billion in Australia as the country prepares to introduce regulations on artificial intelligence (AI). The investment will focus on building data centers to support the growing demand for cloud services and AI capabilities. The move comes amid increasing concerns about the ethical and responsible use of AI technology, prompting governments around the world to develop regulatory frameworks.
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Microsoft CEO to visit Southeast Asia with AI on agenda
Livemint
·
1y ago
Medial
Microsoft CEO Satya Nadella is set to visit Southeast Asia next week, with stops in Indonesia, Thailand, and Malaysia. The focus of the visit is on discussions around artificial intelligence (AI), as Microsoft sees generative AI as a long-term growth driver. Microsoft has been expanding its presence in Southeast Asia, opening data centers in Singapore and planning centers in Indonesia and Malaysia. The company's AI-related plans in the region are expected to be a significant opportunity as demand for advanced technologies and cloud services continues to grow.
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First crack in Nvidia AI wall? Meta set to use own AI chips in its servers in 2024 — but it will still use Nvidia H100 GPUs as well in its datacenters for now
Techradar
·
1y ago
Medial
Meta Platforms, the parent company of Facebook, is planning to deploy its own custom-designed AI chips, called Artemis, in its data centers this year. This move aims to reduce Meta's reliance on Nvidia's H100 chips and control the rising costs of running AI workloads. The successful deployment of its own chip could save Meta hundreds of millions of dollars in energy costs and billions in chip purchasing costs. However, Meta will continue to use Nvidia's GPUs in its data centers, with plans to have 350,000 H100 processors in service by the end of the year.
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Meet a startup trying to keep your screen time from destroying the planet
Business Insider
·
1y ago
Medial
The article discusses the environmental impact of data centers that power our online activities and the growing demand for greener data center technologies. It highlights the potential of liquid cooling technology, like the one offered by startup JetCool, which uses water-based coolant to directly cool microchips in computer servers. Implementing this technology could save data centers up to 15% of their overall power consumption. The article mentions that Microsoft is exploring liquid cooling for AI computing requirements, and JetCool is working with hyperscalers on data center hubs for AI.
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US nuclear plant Three Mile Island to reopen to power Microsoft
Economic Times
·
10m ago
Medial
Constellation Energy has announced that Three Mile Island, the site of America's worst nuclear accident, will restart operations to provide power to Microsoft. The 20-year agreement involves restarting Unit 1, which was shut down for economic reasons in 2019. Microsoft plans to use the energy to support power grids in the mid-Atlantic states, an area known for its high demand from data centers. Tech companies like Microsoft, Amazon, and Google are increasingly turning to nuclear power to meet the growing electricity demands of AI and data centers. The Three Mile Island reactor is expected to come back online in 2028.
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Oracle’s missteps in cloud computing are paying dividends in AI
Livemint
·
11m ago
Medial
Oracle has made a surprising comeback in the tech industry as a leading provider of cloud computing for AI developers. Despite being considered a dinosaur of the pre-cloud era, Oracle has positioned itself as a strong player in the cloud market, particularly in AI. Its late entry into the game has allowed it to build data centers specifically designed for AI development and training. Additionally, Oracle's partnerships with Microsoft, Google, and Amazon, as well as its relationships with AI startups, have contributed to its recent success. The company's AI business is expected to grow significantly in the coming years. However, there are concerns about the transitory nature of AI spending on Oracle's services.
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Microsoft's quarterly revenue is up 16% to $65.6 billion
Economic Times
·
9m ago
Medial
Microsoft reported Q3 financial results, with sales reaching $65.6 billion, up 16% from last year, and profit increasing to $24.7 billion, up 11%. These results exceeded expectations and reassured investors despite the company's heavy spending on AI. Microsoft spent $20 billion on capital expenditures, up 79% from last year, to expand its data centers for AI. The company's focus on AI, including its partnership with OpenAI, has helped stabilize Azure's growth, with around one-third of growth attributed to AI. Microsoft's overall Microsoft 365 commercial cloud revenue increased by 15%. Note: The article contains some additional information about legal disputes and investor concerns.
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Musk’s xAI joins Microsoft-BlackRock $30 billion AI fund
Economic Times
·
4m ago
Medial
Microsoft, BlackRock, and Elon Musk's xAI have united to develop $30 billion worth of AI infrastructure, including data centers. This collaboration, named the AI Infrastructure Partnership (AIP), seeks to bolster AI capabilities, integrating support from Nvidia and aiming to fund significant energy projects. Encouraged by rising AI demand, this consortium plans additional investment from pensions and insurers, aiming to capitalize on growing energy needs as substantial AI data centers continue to proliferate globally.
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