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TEM Explainer Series: Large Power Users Can Mean Smaller Energy Bills
Part 2 of TheEnergyMag’s four-part explainer series explores how large power users can help lower electricity bills by sharing the costs of existing power plant...
Nebius Secures $3.5 Billion Citi Facility to Fund AI Expansion
Nebius Group NV secured a $3.5 billion senior secured financing facility from Citi to fund data-center construction and purchases of graphics processing units, adding short-term borrowing capacity as it expands its artificial intelligence cloud business.
3 min ago
IREN Secures Works License for 300-Megawatt Spanish AI Campus
IREN has secured a civil works license for its planned 300-megawatt data center campus in Spain and established a European holding company as it expands its AI cloud business beyond North America.
23h ago
Nebius Publishes Live GPU Spot Prices in European AI Push
Nebius Group NV has made live prices for its interruptible GPU computing capacity publicly available, expanding visibility into cloud costs as it seeks more business from European artificial intelligence developers.
23h ago
Soluna, Applied Digital Plan 50-Megawatt AI Data Center in Texas
Soluna Holdings agreed to form a venture with Applied Digital to develop a 50-megawatt artificial intelligence data center in Texas, with a prospective tenant affiliated with Applied signing a nonbinding lease letter.
23h agoMost Read
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IREN Adds Real Madrid Sponsorship After Spanish Data Center Expansion
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Anthropic’s $80.7 Billion First-Half Loss Driven by Financing Charges
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TEM Explainer Series: Large Power Users Can Mean Smaller Energy Bills
- 4
Nebius Secures $3.5 Billion Citi Facility to Fund AI Expansion
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IREN Secures Works License for 300-Megawatt Spanish AI Campus
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