Stadium-sized data centers that consume significant amounts of electricity are emerging throughout central Ohio. These facilities receive hundreds of millions in state and local tax breaks annually, despite concerns from grid operators that they may soon strain the available power…

Wall Street rebounded on Friday, driven by a strong performance in the Dow Jones Industrial Average, as some megacap tech and chip stocks regained ground. This recovery was supported by a key inflation reading that maintained hopes for an early…

New analysis by the McKinsey Technology Council highlights the adoption, development, and industry effects of advanced technologies. Despite challenging market conditions in 2023, continuing investments in frontier technologies promise substantial future growth in enterprise adoption. Generative AI (gen AI) has…

Data tech co Volumez expands Series A round to $40m The startup company Volumez, led by former Intel senior vice president Amir Faintuch, announced today the expansion of its Series A fundraising round to $40 million. Initially, the company raised…

Local technology outsourcing firms, which have leveraged India’s computing expertise to build a global service industry, may be expanding their payrolls once again. This comes after more than a year of job reductions aimed at addressing what analysts consider were…

Squirro Acquires Synaptica to Integrate GenAI and Data Visualisation Squirro, a Swiss-headquartered global SaaS platform specializing in enterprise-ready generative AI search and business insights, has announced its acquisition of Synaptica. Synaptica is a US-based SaaS provider renowned for its enterprise…

Social media giant Meta has unveiled plans for a massive data center which will bring 1,000 jobs to a rural county in America’s heartland. The big tech firm, which owns Facebook and WhatsApp, intends to build the $800 million hub…

Meta Platforms Inc. has announced plans to build an $800 million data center in Cheyenne, Wyoming. The facility is expected to generate nearly 1,100 jobs during its construction phase and will be operational by 2027. Spanning 715,000 square feet, the…

Tech companies are exploring partnerships with nuclear power plants to provide clean, reliable energy for AI data centers. The increasing demand for AI data centers is driving up electricity growth forecasts, reshaping the grid landscape. The nuclear-tech marriage could have…

Serbian-rooted Lupa Technology Secures New Investment for Global Expansion in Construction Data Management Serbian-US data management platform Lupa Technology successfully closed a $1.8 million investment round. Led by South Central Ventures and supported by the World Bank and EU Commission,…