Microsoft has launched its biggest data center in India, located in Hyderabad, as part of a $20-21 billion investment in cloud and AI infrastructure. The facility marks Microsoft's fourth cloud region in the country as it competes with Google and Amazon for India's rapidly growing AI and cloud computing market.
South Korea plans to inject 20 trillion won ($13.9 billion) into its sovereign wealth fund for strategic investments in AI, data centers and infrastructure, marking the first time the fund's mandate will include domestic assets following a technology stock rout.
SpaceX is in early-stage discussions with the U.S. Department of Defense about providing data center capacity worth billions of dollars to run artificial intelligence models, deepening the company's ties with the Pentagon.
Bitcoin miner MARA Holdings announced acquisition of Ohio natural gas plant operator Long Ridge Energy for $1.5 billion, including a 505 MW gas plant and 1,600 acres offering over 1 GW power capacity for AI data center expansion.
