AI, Meta and Data Center
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CoreWeave commits $6 billion to Pennsylvania data center
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China is pulling ahead of the rest of the world in sinking data centers that power AI into the ocean as an alternate way to keep them cool
National and state political leaders are rushing to regulate and incentivize the rapidly growing data center industry.
Asset management firm Blackstone will announce on Tuesday a $25 billion investment in data centers and energy infrastructure in Pennsylvania, Chief Operating Officer Jon Gray said at a panel at the Energy and Innovation Summit in Pittsburgh.
Amogy's technology generates power from ammonia without pollution, making it a prime candidate for decarbonizing maritime shipping.
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As private companies like SpaceX and Blue Origin develop reusable rockets and push aspirations for lunar and Martian colonization, real estate investors are dialing in. Some liken it to the early days of the railroads, when entire towns grew up around new lines. One of the biggest plays is lunar and deep space data centers.
Mesa City Council has unanimously approved new zoning rules for data centers, joining a cluster of other Valley cities looking to manage growth and resources.
The MEA region is experiencing significant growth in its data center market. As of 2024, the market was valued at approximately USD $8.63 billion and is projected to reach USD $19.89 billion by 2030, growing at a CAGR of 14.93%.