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SoftBank Commits Up to €75 Billion for 5 GW AI Data Center Buildout in France
SoftBank plans to invest up to €75 billion to develop 5 GW of AI data center capacity in France, including an initial 3.1 GW buildout in Hauts-de-France by 2031...
Core Scientific CEO: AI Data Center Build Costs Climb Toward $12M Per MW
Construction costs for AI data centers have climbed sharply as labor inflation, equipment bottlenecks and changing technical requirements reshape the economics ...
May 29, 2026
PJM’s $23B Warning: AI Load Is No Longer Just a Power Demand Story
PJM’s market monitor says AI data center load growth is “unique, unprecedented and uncertain,” adding $23.1 billion to capacity-market revenues and raising new ...
May 28, 2026
Nebius Jumps as AI Hedge Fund Situational Awareness Reveals 5.6% Stake
Situational Awareness has taken a new 5.6% stake in Nebius Group, extending the rising AI hedge fund’s exposure beyond Bitcoin miners and power-heavy infrastruc...
May 28, 2026
WhiteFiber Secures $100 Million Credit Facility for Data Center Expansion
On Wednesday, WhiteFiber, Inc. (Nasdaq: WYFI) disclosed the arrangement of a $100 million delayed draw term loan through Bit Digital Capital, Inc., which operates as a subsidiary of Bit Digital, Inc. (Nasdaq: BTBT). The financing also involved B. Riley Securities, Inc., which acquired a segment of the term loans. The contract allows for the total facility to be expanded to $150 million, provided both entities agree to the increase.
4d agoTrending Posts
Core Scientific Reveals $232M Texas Acquisition, Sold 2,385 Bitcoin to Fund AI Expansion
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SoftBank Commits Up to €75 Billion for 5 GW AI Data Center Buildout in France
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