Oracle will spend around $40 billion on Nvidia's higher-performance chips to power OpenAI's new U.S. data center, the Financial Times reported on Friday.

The exact cost of developing the data center complex is not clear. In the tax deal, Amazon promised $11 billion to build 16 buildings, but now it plans to build almost twice that.

A Quality Technology Services data center in Sterling, Va. Blackstone, which acquired the company for $10 billion in 2021, has poured billions more into it to expand its data centers.

The 300-megawatt hyperscale data center will be built in an industrial park developed by a unit of tycoon Jareeporn Jarukornsaku’s WHA Corp. in Rayong province, east of Bangkok.

Damac Group —controlled by Dubai billionaire Hussain Sajwani —is deepening its investment in Indonesia with a $2.3 billion data center project, its second in the country, amid booming demand ...

OpenAI is making its largest international expansion to date with the construction of a massive AI data center in Abu Dhabi. The initiative, known as Stargate UAE, is part of the United Arab ...