Tag

DATA CENTER

Browsing

Data centers are critical to the U.S.’s digital infrastructure, supporting various industries and services. The NTIA is requesting public input to address challenges like energy consumption and cybersecurity. This collaborative effort aims to create a sustainable, secure, and resilient data center industry, supporting AI-driven growth and technological advancement.

Marvell Technology is experiencing substantial growth in its data center AI segment, despite an overall revenue dip for the second quarter of fiscal 2025. The company reported net revenue of $1.273 billion and a significant reduction in net loss compared to the previous year. Driven by strong AI demand, Marvell’s data center business saw record revenue, setting the stage for robust growth opportunities.

The rapid expansion of data centers poses a significant environmental challenge, with projections indicating they will consume as much electricity as the EU by 2030. This growth, driven by demanding applications like AI, necessitates integrating energy-efficient technologies and adopting sustainable practices. As data centers multiply, addressing their environmental impact becomes crucial for a greener future.

Singtel and KKR are set to invest $1.3 billion for a minority stake in ST Telemedia Global Data Centres (STT GDC), marking the latest significant investment in the data center sector. The companies will initially acquire S$1.75 billion (US$1.3 billion) in redeemable preference shares and warrants, with a plan to invest an additional S$1.24 billion once the warrants are fully exercised.