DataVita has revised its earlier plan for a massive AI datacentre planned for Chapelhall in Lanarkshire to be wholly powered by renewable energy. The company now says the facility, which would draw 1GW of power—roughly the output of a small nuclear reactor—will be entirely served by the National Grid. DataVita told the Guardian the renewable commitment was subject to final commercial agreements, p…
TeraWulf, a company known for bitcoin mining, saw its mining revenue fall 69% in the latest quarter. At the same time, its high-performance computing (HPC) lease revenue surged to $63 million, a 774% increase year over year.
Do you think crypto miners will increasingly pivot to AI hosting as bitcoin rewards shrink?
Data center builders are now using retired jet engines to generate electricity, a workaround for the years-long wait to connect to the grid and receive new turbines. This approach is less efficient and less environmentally friendly than conventional options, according to reports. The engines, once discarded, are being repurposed to meet urgent power demands.
A £20bn deal could turn the site of Britain's most polluting power plant into the home of the country's largest datacentre. The Drax plant's FTSE 250 owner has partnered with infrastructure investor Brookfield and AI infrastructure platform Radiant on the project in North Yorkshire. The datacentre would eventually have a capacity of more than 1 gigawatt and could start operations by…
Major technology companies have been investing heavily in AI infrastructure. But a closer look at their finances reveals mounting debt and negative cash flow, while investors are starting to question whether this level of spending can continue.
What would a pullback in AI spending mean for the tools and services you use?
In a recent appearance on the Cheeky Pint podcast, OpenAI CEO Sam Altman said it's 'terrible' to have RAM sitting in personal computers when it could be in data centers. He made the remark while also discussing AI's effect on math. The comment was made when he was asked about the ongoing RAM shortage and supply chain issues.
Where do you draw the line between keeping your ow…
A growing number of AI labs are turning to neoclouds for their computing needs. These companies, including CoreWeave and Nebius, rent out Nvidia GPUs to power artificial intelligence workloads. What sets some of them apart is their origin: several started out mining cryptocurrency before pivoting to AI infrastructure.
Would you trust a former crypto mining firm to run your AI workloads?
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