Daifuku has maintained a net cash position for the past eight years. From a more long-term standpoint, net debt/EBITDA peaked at 2.95 times in fiscal 2011, when the company acquired Logan Teleflex.

Last year, xAI built a massive data center in Memphis, but the company has also been quietly setting up another facility in Georgia.

OpenAI is scouring the U.S. for sites to build a network of huge data centers to power its artificial intelligence technology, expanding beyond a flagship Texas location and looking across 16 ...

Data centers consumed about 4.4% of all U.S. electricity in 2023 and that’s expected to increase to 6.7% to 12% of total U.S. electricity by 2028, according to the Lawrence Berkeley National ...

OpenAI announces Utah one of 16 states that could host a massive new data center campus, Effort is part of initial phase of $500 billion, privately funded Stargate Project, Utah is already tracking as ...

Dublin, Feb. 06, 2025 (GLOBE NEWSWIRE) -- The "Data Center Rack Market 2025-2033" report has been added to ResearchAndMarkets.com's offering. The global data center rack market size was valued at ...

Dublin, Feb. 06, 2025 (GLOBE NEWSWIRE) -- The "Data Center Rack Market 2025-2033" report has been added to ResearchAndMarkets.com's offering. The global data center rack market size was valued at USD ...

The Caloocan Data Center is designed to accommodate 300 racks, and Converge intends to use the facility for its own operations. However, Converge is also building a data center in Pampanga that ...