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Key PlayersNVIDIA, Microsoft, Google, AWS, CoreWeave

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Drax to build 100MW data centre at Yorkshire power station to meet surging AI energy demand

Drax has revealed plans to convert part of its North Yorkshire power plant into a 100MW data centre by 2027, repurposing coal-era infrastructure to meet the increasing demand for AI capability. The move comes as the UK government signals it will curb subsidies for the company's biomass operations while tech companies scramble for sites with existing grid connections.

Business3 sources

Drax to build 100MW data centre at Yorkshire power station to meet surging AI energy demand

Business3 sources

Tiiny AI unveils pocket-sized supercomputer that runs 120B models without cloud dependency

US startup Tiiny AI revealed the Pocket Lab, verified by Guinness World Records as the world's smallest personal AI supercomputer. Measuring just 14.2 × 8 × 2.53 cm and weighing 300 grams, the device runs 120-billion-parameter LLMs locally without cloud connectivity. The launch addresses sustainability concerns, rising energy costs, and privacy risks in cloud-based AI infrastructure.

Technology6 sources

Tiiny AI unveils pocket-sized supercomputer that runs 120B models without cloud dependency

Technology6 sources

Google promotes Amin Vahdat to lead AI infrastructure as spending hits $93 billion

Google elevated Amin Vahdat to chief technologist for AI infrastructure, a newly created C-suite position reporting directly to CEO Sundar Pichai. The move comes as the company pours up to $93 billion into capital expenditures by the end of 2025, with expectations for even larger investments next year. Vahdat, who has spent 15 years building Google's AI backbone, will oversee the company's custom TPU chips and data center operations.

Business3 sources

Google promotes Amin Vahdat to lead AI infrastructure as spending hits $93 billion

Business3 sources

AI Trained in Space as Tech Giants Race to Build Orbiting Data Centers Powered by Solar Energy

Starcloud successfully trained the first AI model in space using an Nvidia H100 GPU aboard its satellite. Google plans to launch Project Suncatcher in 2027, while SpaceX and other tech giants pursue orbital data centers to address the environmental impact of ground-based AI infrastructure and tap into unlimited solar energy.

Technology6 sources

AI Trained in Space as Tech Giants Race to Build Orbiting Data Centers Powered by Solar Energy

Technology6 sources

Musk and Bezos ignite space race as orbital data centers emerge to solve AI's energy crisis

SpaceX and Blue Origin are racing to build AI in space as terrestrial data center limitations threaten AI growth. With SpaceX preparing a $1.5 trillion IPO and Starcloud already training the first AI model in space, orbital data centers promise constant solar energy without the environmental strain of Earth-based facilities. The competition intensifies as Elon Musk vs Jeff Bezos battle for dominance in this emerging frontier.

Technology9 sources

Musk and Bezos ignite space race as orbital data centers emerge to solve AI's energy crisis

Technology9 sources

Boom Supersonic pivots jet engine tech to power AI data centers with 42 MW turbine

Boom Supersonic is adapting its supersonic jet engine technology to address the AI power crisis. The company secured $300 million in funding and landed a 1.21 gigawatt order from Crusoe for its new Superpower turbine, which generates 42 MW while operating without water cooling. The pivot creates a revenue stream to fund its Overture supersonic airliner ambitions.

Business4 sources

Boom Supersonic pivots jet engine tech to power AI data centers with 42 MW turbine

Business4 sources

UAE bets $147 billion on Artificial Intelligence to drive economic diversification beyond oil

The UAE is constructing a massive AI campus in Abu Dhabi's desert, a quarter the size of Paris, powered by five gigawatts of electricity. With over $147 billion invested since 2024 and partnerships with tech giants like Microsoft, OpenAI, and Nvidia, the oil-rich nation aims to become an AI-native powerhouse. But fierce competition from the US and China means success remains uncertain in this fast-evolving sector.

Business2 sources

UAE bets $147 billion on Artificial Intelligence to drive economic diversification beyond oil

Business2 sources

CoreWeave Stock Performance Plunges 56% as CEO Defends AI Infrastructure Strategy Amid Bubble Fears

CoreWeave has lost 56% of its stock value since its March IPO, with shares dropping from over $150 to around $90. CEO Michael Intrator defends the company's debt-heavy expansion strategy and circular business deals, calling them necessary for disrupting traditional cloud providers. The AI cloud infrastructure provider faces scrutiny over high-interest debt and delays in data center construction.

Business3 sources

CoreWeave Stock Performance Plunges 56% as CEO Defends AI Infrastructure Strategy Amid Bubble Fears

Business3 sources

Brookfield and Qatar form $20 billion joint venture to build AI infrastructure across Middle East

Brookfield Asset Management has partnered with Qatar's Qai to create a $20 billion joint venture focused on developing artificial intelligence infrastructure. The partnership aims to position Qatar as a leading AI hub in the Middle East through an Integrated Compute centre, while also exploring opportunities in select international markets.

Business2 sources

Brookfield and Qatar form $20 billion joint venture to build AI infrastructure across Middle East

Business2 sources

Intel and Tata forge $14 billion partnership to build India's semiconductor manufacturing base

Intel has signed a strategic partnership with Tata Group to manufacture and package semiconductors in India. The $14 billion deal includes building fabrication plants in Gujarat and Assam, plus developing AI PC solutions for India's rapidly growing compute market, projected to become a top-five global market by 2030.

Business6 sources

Intel and Tata forge $14 billion partnership to build India's semiconductor manufacturing base

Business6 sources

Qatar launches Qai, a national AI firm backed by $524 billion sovereign wealth fund

Qatar has established Qai, a new national AI firm operating under its $524 billion Qatar Investment Authority. The company will invest in AI infrastructure domestically and globally, focusing on trusted AI systems rather than building its own large language models. This positions Qatar alongside UAE and Saudi Arabia in the Gulf's intensifying AI race.

Business2 sources

Qatar launches Qai, a national AI firm backed by $524 billion sovereign wealth fund

Business2 sources

NextEra Energy locks massive AI power deals with Google and Meta, targets 15 gigawatts by 2035

NextEra Energy has secured major agreements with Google and Meta to supply power for AI data centers, announcing plans to build 15 gigawatts of new generation capacity by 2035. The deals include 2.5 GW for Meta across 13 clean energy projects and expanded partnerships with Google for gigawatt-scale data center campuses, alongside AI-powered operational platforms.

Business7 sources

NextEra Energy locks massive AI power deals with Google and Meta, targets 15 gigawatts by 2035

Business7 sources

BlackRock bets on 'picks and shovels' as AI spending boom shows no signs of slowing

BlackRock's chief investment strategist says the AI infrastructure spending wave is far from peaking, with chipmakers, energy producers, and copper-wire manufacturers positioned as the clearest winners. Tech giants are only beginning to tap credit markets for the next wave of AI growth, with global AI capex projected to reach $5 trillion to $8 trillion by 2030.

Business2 sources

BlackRock bets on 'picks and shovels' as AI spending boom shows no signs of slowing

Business2 sources

Bittensor completes first TAO halving, cutting daily issuance as decentralized AI network matures

Bittensor executed its inaugural TAO halving on December 14, slashing daily token issuance from 7,200 to 3,600 tokens. The decentralized machine-learning network now mirrors Bitcoin's fixed supply model as it progresses toward a 21 million token cap. With over 129 active subnets valued at nearly $3 billion, the halving marks a maturation milestone for the AI-focused blockchain ecosystem.

Business3 sources

Bittensor completes first TAO halving, cutting daily issuance as decentralized AI network matures

Business3 sources

Nvidia CEO warns China's AI infrastructure advantage could reshape the global AI race

Nvidia CEO Jensen Huang highlights China's striking advantages in the AI race, from building data centers at unprecedented speeds to commanding twice the energy capacity of the US. Meanwhile, China AI models have surged from 1% to 30% of global AI usage in just one year, signaling a competitive battle for AI dominance.

Business3 sources

Nvidia CEO warns China's AI infrastructure advantage could reshape the global AI race

Business3 sources

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