There’s an enormous buildout of data centers underway across the country to fuel the AI boom. Hundreds of billions of dollars have already been spent on data centers, with talk of spending trillions ...

Elon Musk’s xAI has bought a building for a third supersized data center it’s planning outside Memphis, Tennessee, in pursuit ...

In a rural pocket of northeastern Louisiana, Meta is building a $30 billion data center called Hyperion. The project highlights an opaque system of financing that's fueling fears of an AI bubble. Meta ...

Spending on chips is generally lumped together with data-center building costs on corporate balance sheets, even as the lifespan for chips can be much shorter. Spending on data-center construction is ...