Tag: data centers

The AI Data Center Surge: Electricity Prices Skyrocket Amidst Global AI Factory Expansion

A recent report reveals that the burgeoning AI data center sector has caused wholesale electricity prices to surge by up to 267% in some regions over the past five years. This dramatic increase is directly linked to the accelerating global rollout of AI factories, which are placing unprecedented demand on power grids.

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Microsoft's $15bn UK AI Supercomputer: A New Era for British Tech?

Microsoft is set to construct the UK's largest supercomputer, a significant move within its $15 billion investment in AI infrastructure. This initiative underscores the growing importance of AI and high-performance computing for national technological advancement and economic growth.

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