IBM is cutting a low single-digit percentage of its 270,000-person workforce as part of its ongoing shift toward AI and cloud services. The company recently reported strong quarterly results with AI-related bookings reaching $9.5 billion.
Amazon has reportedly acquired a 270-acre site in Prince William County, Virginia for $700 million. The land was previously zoned for up to 3.5 million square feet of data center space after a contentious local battle.
Data centers requiring over 100 megawatts per site are increasingly being built near natural gas resources for reliable power. This trend spans from Texas to Appalachia, but brings complex regulatory hurdles across energy, environmental, and land use laws.
The UK government has committed to designating big tech companies as “critical third parties” by next year. This follows recent cloud outages that disrupted banking services and frustrated MPs who called the Treasury’s pace too slow.
Microsoft’s massive $60 billion spending spree on neocloud data centers reveals the staggering scale of AI infrastructure needs. The company is paying premium prices to secure computing capacity, with one deal alone securing 200,000 Nvidia chips.
Verizon is building new long-haul fiber connections to AWS data centers to support massive AI workloads. This expands Verizon’s AI Connect program, which already includes Google Cloud and Meta as partners. The deal aims to address the explosive data growth driven by generative AI applications.
Nvidia and Deutsche Telecom have officially confirmed their industrial AI cloud project in Munich. The facility will feature 10,000 Blackwell GPUs across more than 1,000 DGX B200 systems and RTX Pro servers. Operations are scheduled to begin in Q1 2026 with major partners including Siemens and SAP a
OpenAI has inked a $38 billion cloud partnership with AWS that gives it access to massive compute resources. The seven-year deal comes just after the company restructured and confirmed its $500 billion valuation.
Amazon has filed a formal complaint against Berkshire Hathaway-owned utility PacifiCorp, claiming insufficient power for its Oregon data centers. One campus has “insufficient power” while another has no power at all, according to the complaint filed with Oregon regulators.
Amazon is building its first fully-owned subsea internet cable called Fastnet, connecting Maryland to Ireland. The 320 terabit-per-second cable will be operational by 2028 and aims to meet growing cloud computing and AI demands.
