Oracle’s aggressive push into AI infrastructure is hitting a major financial roadblock. With US banks retreating, the company is scrambling for cash and may cut up to 30,000 jobs to fund its expansion. It’s a desperate move with huge risks.
A massive, off-grid data center is planned for Santaquin, Utah. The 20MW+ facility, approved by the city back in 2024, will run entirely on on-site natural gas generation, taking locals by surprise.
EuroCTP, backed by 15 European financial markets, has chosen Equinix’s critical FR2 data center in Frankfurt to host its real-time equity trading feed. The system aims to centralize all EU pre and post-trade data. The service is slated to go live in the third quarter of 2026.
The Federal Energy Regulatory Commission is in for a brutal 2026, squeezed between White House pressure to fast-track data center connections and the massive task of implementing new transmission rules. With grid reliability warnings flashing and a legal battle over federal power looming, the agency
Meta’s CFO Susan Li revealed a massive projected capex of $115-135 billion for 2026, driven by AI data centers. This is a near-doubling from 2025 and signals an aggressive, costly infrastructure arms race. The company is still operating “capacity-constrained” despite huge cloud deals.
Microsoft reported a massive $625 billion backlog in future revenue, driven by AI. Yet, investors are worried as capital spending soars while Azure growth slows slightly, raising ROI questions.
Microsoft’s quarterly cloud revenue has crossed the $50 billion mark for the first time. CFO Amy Hood noted this reflects strong demand, with the company exceeding expectations across revenue, operating income, and EPS. CEO Satya Nadella emphasized that the company’s AI business is already larger th
AWS is moving forward with plans for a huge new data center campus in Pennsylvania. The project involves ten buildings on a 346-acre site the company bought last year for $178 million.
Masayoshi Son’s plan to acquire Switch and power his $500 billion Stargate AI infrastructure project has stalled. The deal, which would have been one of SoftBank’s biggest ever, is off the table for now, though talks continue for a potential partnership.
In a rare show of unity, Microsoft and Amazon are co-authoring op-eds and backing specific bills to tackle the Seattle housing crisis. They’ve committed $1.6 billion, but say policy change is the real key.
