Oracle is set to report fiscal Q2 earnings after the bell Wednesday. Wall Street expects a 15% revenue jump, but all eyes are on the company’s massive, debt-fueled AI infrastructure build-out and its financial sustainability.
Corporate energy buyers have contracted for a massive 20.4 gigawatts of clean power so far this year. The AI data center boom is forcing a new conversation about grid costs, flexibility, and who pays for what.
KevlinX Data Centers has declared its flagship BRU01 facility in Brussels ready for service. The 32MW data center, now the largest in Belgium, was completed nearly a year ahead of its original schedule. This adds significant new capacity to a crowded European capital market.
In a major move to capitalize on AI demand, IBM is acquiring data infrastructure company Confluent for $11 billion. The deal aims to give IBM a critical real-time data platform for enterprise AI applications.
NextEra Energy is partnering with ExxonMobil to develop a massive 1.2 gigawatt data center campus. The plan is to use natural gas generation paired with carbon capture tech and market the site to a hyperscaler by Q1 2026. This signals a major shift in how tech giants might power their AI ambitions.
The first buildings of a planned £10 billion data center campus in Northumberland, England, have been approved. The QTS project will rise on the site of a failed battery factory, signaling a new industrial direction for the region.
Microsoft is raising prices for its commercial Microsoft 365 and Office 365 plans starting July 1, 2026. The company is bundling over 1,100 new AI and security features into core plans to justify the increase.
The bank is in early talks to hedge its exposure to loans for AI data centers via a synthetic risk transfer (SRT). This comes as banks face massive lending demands for a projected $3 trillion in data-center build-out costs through 2028.
NJFX is expanding its unique New Jersey campus with a 10MW, liquid-to-chip cooled data hall designed for AI workloads. The project, backed by a $3 million utility deposit, targets power delivery by the end of 2026. This move aims to fuse subsea cable landings directly with next-generation compute.
Nuvei is moving its core payment processing APIs to Microsoft Azure. The company says the shift will enable real-time transaction optimization using Azure AI and improve global performance.
