ON.energy has secured a huge 5-gigawatt transformer supply agreement to support the rollout of its medium-voltage AI UPS systems. The deal, with manufacturer Prolec GE, aims to power data center campuses starting in 2025. This is a direct play to meet the explosive power demands of AI infrastructure
Microsoft has inked another huge carbon removal agreement, this time for 3.6 million tons over 12 years with Beaver Lake Renewable Energy. The deal supports a $2.5 billion project that will turn forestry waste into green methanol and capture CO2, with operations starting in 2029.
Georgia Power has proposed a massive $16 billion expansion to add 10GW of new generation capacity, primarily to power the state’s booming data center industry. The plan, which relies heavily on natural gas, faces a final vote from regulators on December 19 amid concerns over emissions and future ele
Fervo Energy has secured $432 million to build the world’s largest enhanced geothermal project in Utah. The funding, backed by Google, highlights the tech industry’s urgent search for reliable, clean power to feed its AI and data center boom.
Oracle’s stock took a major hit after reporting disappointing quarterly revenue. The miss highlights growing investor anxiety over the company’s aggressive spending on AI data centers and its mounting debt.
Oracle shares have cratered 33% from their September high as Wall Street frets over its balance sheet. The company is burning cash to build data centers for AI, and its huge deal with OpenAI now looks riskier than ever.
A new list from CRN highlights the most interesting cloud computing startups of 2025. The focus is on companies tackling AI-driven security, data management, and new tools for solution providers. This comes as global IT spending is forecast to hit $6.08 trillion in 2026.
Amazon is pouring an additional $35 billion into India, aiming to digitize small businesses and boost its cloud and logistics operations. This massive bet comes as rivals like Microsoft and Google make their own huge investments in the country’s tech future.
Reddit users faced widespread outages on December 9th, with over 22,000 reports on Downdetector. This follows a major global outage the day before, on December 8th, affecting the website, app, and servers. It’s part of a troubling trend of major platform failures this year.
A massive new data center campus is moving forward in Nevada. The Lyon County Board of Commissioners has approved rezoning 505 acres of agricultural land for the ‘Monarch Data Center’ project, spearheaded by developer Copia Power.
