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Eye On AI: As Big Money Rolls Into Data Centers, Startup Investment Gains

Crunchbase News

It’s been hard to browse tech headlines this week and not read something about billions of dollars being poured into data centers. billion to develop data centers in Spain. Energy and data center company Crusoe Energy Systems announced it raised $3.4 So far this year, $1.3 So far this year, $1.3

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AI as a catalyst for ESG: Empowering CIOs to drive sustainable innovation

CIO

Aligning ESG and technological innovation At the core of this transformation is the CIO, a pivotal player whose role has expanded beyond managing technological innovation to overseeing how these innovations contribute to ESG goals. It provides CIOs a roadmap to align these technologies with their organizations’ ESG goals.

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Hungry for resources, AI redefines the data center calculus

CIO

The AI revolution is driving demand for massive computing power and creating a data center shortage, with data center operators planning to build more facilities. But it’s time for data centers and other organizations with large compute needs to consider hardware replacement as another option, some experts say.

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Qarnot creates green data centers by putting servers in central heating boilers

TechCrunch

Running a data center means that you have to find innovative ways to manage heat from the servers. This is an innovative way of building decentralized data centers. The idea is that we should be able to deploy data centers in locations where people consume heat. It has raised a €12.5

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AMD to acquire data center optimization startup Pensando for $2B

TechCrunch

AMD is in the chip business, and a big part of that these days involves operating in data centers at an enormous scale. AMD announced today that it intends to acquire data center optimization startup Pensando for approximately $1.9 Jain will join the data center solutions group at AMD when the deal closes.

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AI to go nuclear? Data center deals say it’s inevitable

CIO

AWS, Microsoft, and Google are going nuclear to build and operate mega data centers better equipped to meet the increasingly hefty demands of generative AI. Earlier this year, AWS paid $650 million to purchase Talen Energy’s Cumulus Data Assets, a 960-megawatt nuclear-powered data center on site at Talen’s Susquehanna, Penn.,

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Gartner projects major IT spending increases for 2025

CIO

growth this year, with data center spending increasing by nearly 35% in 2024 in anticipation of generative AI infrastructure needs. Data center spending will increase again by 15.5% in 2025, but software spending — four times larger than the data center segment — will grow by 14% next year, to $1.24