On March 12, 2026, BITMAIN gathered with industry partners in Amarillo, Texas, successfully hosting the first hydro-cooling data center site visit of the year. Located on the high plateau of the southwestern United States, Amarillo features a dry climate with minimal rainfall and significant temperature fluctuations between day and night. While the region boasts abundant […]
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TransAlta Corporation (NYSE: TAC) (TSX: TA) (NYSE: TAC) presented its strategic outlook and financial position during its 2026 Investor Day in Toronto. The company outlined its priorities for the Alberta power market, focusing on the role of existing generation assets in meeting reliability requirements and increasing demand through the end of the decade. A primary driver […]
Core Scientific (NASDAQ: CORZ) said on Monday it has secured an additional $500 million financing commitment from JPMorgan Chase under the accordion feature of its existing 364-day credit facility, doubling the facility’s total commitments to $1 billion. The company said the expanded facility now includes the $500 million commitment it previously closed with Morgan Stanley earlier […]
The initiative utilizes the NVIDIA Vera Rubin DSX AI Factory reference design, which incorporates the DSX Flex software library. This architecture is designed to connect AI facilities directly to power-grid services, allowing them to function as responsive energy assets rather than passive loads. To expedite deployment, the factories are designed to use co-located energy generation […]
The Joliet City Council on Thursday approved a proposed $20 billion AI data center campus that would become the largest in Illinois, concluding weeks of debate marked by lengthy public opposition and a delayed vote earlier in the week. The council voted 8-1 to approve an annexation agreement for the 795-acre “Joliet Technology Center,” a […]
The most important power market for U.S. data centers is rewriting the rules. PJM Interconnection — the grid operator spanning from Illinois to Virginia — sits at the epicenter of the global AI infrastructure buildout. The region hosts Northern Virginia, the world’s largest data center hub, and already accounts for roughly 40% of U.S. data […]
Fluidstack has reportedly withdrawn from two high-profile AI data center projects in France, including a planned €10 billion facility, as it shifts its focus toward the U.S. following several larger contract wins. According to a Bloomberg report on Wednesday, the London-founded “neocloud” provider no longer intends to develop a proposed one-gigawatt AI data center in Bosquel in […]
Constellation and LS Power have reached an agreement for the sale of a portfolio of power generation assets in the PJM Interconnection. The divestiture is part of a resolution with the Federal Energy Regulatory Commission and the U.S. Department of Justice regarding the Calpine transaction. The assets involved in the transaction are located within the […]
Nebius (NASDAQ: NBIS) Group N.V., an AI infrastructure provider, finalized the pricing of a private offering of convertible senior notes to institutional buyers. The total principal amount was increased to $4.0 billion, up from the previously targeted $3.75 billion. The offering is split into two tranches: $2.25 billion in 1.250% notes due in 2031 and $1.75 […]