Data Centers Need 45 Gigawatts of New Power, Moody’s Says
The American data center boom will require roughly 45 gigawatts of new generating capacity by 2030, an investment of about $110 billion, Moody’s Ratings estimated in a report published September…
An Australian Data Center Operator Chases a $5 Billion IPO
Firmus, an Australian operator of data centers built for artificial intelligence workloads, plans to test public markets before the end of October. The company is targeting an initial public offering…
Temporal Raises $550 Million at $12.55 Billion Valuation
Temporal, the AI infrastructure company, said on September 14 that it raised $550 million in a Series E round that values it at $12.55 billion. The round was led by…
Lyft Enters Robotaxis Through Waymo
Lyft riders in Nashville can now summon a car with no one in the driver’s seat. On September 13, Waymo’s driverless taxis became available through the Lyft app, the first…
Porsche Exits Rimac, Booking About a Billion Euros
Porsche has sold its stakes in Bugatti Rimac and the Rimac Group, closing the book on an experiment that paired a century-old sports-car maker with a young electric-supercar company. The…
Broadcom Says Anthropic Will Become Its Biggest Custom-Chip Customer
Broadcom Chief Executive Hock Tan told investors on September 14 that Anthropic will become the company’s largest customer for custom chips next year, a position he expects it to hold…
Kioxia Weighs a U.S. Listing
Kioxia, the Japanese memory-chip maker, is considering listing in the United States rather than on the Tokyo exchange where its shares already trade. Multiple Chinese financial outlets reported on September…
ASML’s High-NA Machines Gain Four Customers
ASML’s most expensive machines now have four of the world’s biggest chipmakers as customers, and the Dutch company said the orders keep coming. Reuters reported from Amsterdam on September 14…
Samsung and SK Hynix Refuse an $18.7 Billion Grid Prepayment
South Korea’s two largest chipmakers have said no to a bill they were asked to pay years in advance. Samsung Electronics and SK Hynix rejected a proposal from state utility…
SpaceX Logs Its 700th Falcon Launch and Maps Orbital Compute
SpaceX reached a round number on September 13, and used the moment to talk about the next one. A Falcon 9 lifted off from Cape Canaveral in the afternoon, carrying…
