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A proposed merger of the largest utility in the country by market value, NextEra Energy, with the sixth-largest, Dominion, would create a megacompany at a time when data centers and rapid increases in electricity demand are reshaping the industry. The proposal, announced Monday morning and contingent on state and federal regulatory approval, would result in […]
Electrical utility megamerger is all about the data centers Read More »
Big Tech is set to agree to build its own power plants for data centers and shield consumers from rising electricity costs, but companies face daunting logistical obstacles to delivering on the pledge championed by President Donald Trump. At a White House event on Wednesday, executives from Amazon, Google, Meta, Microsoft, xAI, Oracle, and OpenAI
Are consumers doomed to pay more for electricity due to data center buildouts? Read More »
On Tuesday Microsoft announced a new initiative called “Community-First AI Infrastructure” that commits the company to paying full electricity costs for its data centers and refusing to seek local property tax reductions. As demand for generative AI services has increased over the past year, Big Tech companies have been racing to spin up massive new
Microsoft vows to cover full power costs for energy-hungry AI data centers Read More »
