Key insight: The latest tokenized asset effort at a large bank is Citi's Digital Depositary Receipts, which tokenizes shares in private companies. What's at stake: Citi says the new service gives ...
If you watch a movie, send an email, or put your photos in the cloud, there is a data center involved. With the rise of AI, there is more need for data storage and that means more power and more water ...
The data center, called Project Kilby, is expected to consume nearly 2.7 gigawatts of electricity, equivalent to about 2 million homes. A majority of the electricity will come from large gas turbines ...
If you hang out in any even vaguely AI-skeptical parts of the Internet, you’ve probably stumbled on plenty of memes and posts premised on data centers’ insatiable thirst for water to power evaporative ...
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Just when you thought the AI data center boom couldn’t get any crazier, Meta has gone and built data centers in tents. The strategy appears to borrow in equal parts from Tesla and xAI. In a bid to cut ...
Assemblywoman Anna Kelles and other proponents of the moratorium say it’s necessary to avoid further raising utility rates and to prevent environmental degradation. Lawmakers pushing a data center ...
Local opposition has blocked or delayed more than a dozen huge data center projects around the country. But these Californians don’t get a vote on Nevada projects that could affect their electricity ...
Knowledge is power, so here’s how to find power-gobbling data centers near you. Knowledge is power, so here’s how to find power-gobbling data centers near you. is a policy reporter at The Verge ...
Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. A new Gallup poll has found that most Americans would really prefer not to live next ...
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As Raleigh prepares to implement water restrictions on Monday amid the ongoing drought, attention is turning to how much water large data centers could use and how that demand is managed during dry ...
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