PJM Interconnection has the temporary authority to call on backup generators at data centers and other large facilities to prevent blackouts during the deep freeze. However, analysts see it as more of a political gesture than a practical grid solution.
A new reliability assessment paints a stark picture of an electric grid struggling under surging demand. The rapid growth of AI data centers is a primary driver, creating resource shortfalls in over half of North America’s assessment areas within a decade.
Caterpillar’s latest earnings reveal a major shift. Surging demand from AI and cloud data centers is now a primary growth driver, with customers building on-site power plants using Cat equipment. This is reshaping their entire business.
The race to build AI data centers is colliding with politics and local concerns. A new report details how these massive projects are becoming a national flashpoint.
TikTok says a power outage at a US data center is causing upload failures and algorithm resets for American users. The outage comes just days after a new, Oracle-led joint venture officially took over US operations, sparking immediate concerns about stability and data routing.
In a surprising twist, residents of a French town are celebrating a new data center. The project will repurpose an old TV factory and use its waste heat to power local agriculture, shelving a problematic housing plan in the process.
PowerHouse Data Centers has executed a long-term hyperscale lease at its PowerHouse Arcola campus in Loudoun County, Virginia. The 37-acre campus is designed to support up to 120MW of power for AI and cloud workloads, marking a key expansion in Data Center Alley.
Meta is locking in nuclear power for the next two decades to feed its energy-hungry data centers. The company is buying from existing plants and funding new small modular reactor projects to secure its AI ambitions.
Cyera, a data security platform, has secured $400 million in a Series F funding round led by Blackstone. The deal skyrockets the company’s valuation to $9 billion, a massive jump from $3 billion just over a year ago.
European data center developer Global Technical Realty (GTR) has secured a massive $1.9 billion equity investment. The capital comes from KKR, which added $1.5 billion to its existing stake, and new investor Oak Hill Capital, which committed $400 million. The funding will fuel a major expansion acro
