Anthropic, Microsoft announce new AI data center projects
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Anthropic joins the American AI infrastructure spending spree with a $50 billion investment
Anthropic CEO Dario Amodei said that new investment will help the company "build more capable AI systems."
Meta will invest $600 billion in US data centers, boosting AI growth and jobs but raising concerns over power and infrastructure strain.
For the full year, Cisco said it’s aiming for total revenue of between $60.2 billion and $61 billion, with earnings pegged at $4.08 to $4.14 a share. Analysts are looking for just $59.7 billion in annual sales and earnings of $4.04 a share.
Meta Platforms (META) has broken ground on its artificial intelligence data center in Beaver Dam, Wis., marking it as its 30th global data center, the Facebook creator announced today. Beaver Dam is located about 50 miles northeast of Madison.
The global market for Data Center IT Infrastructure was estimated at US$494.7 Billion in 2024 and is projected to reach US$1.0 Trillion by 2030, growing at a CAGR of 12.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
IE also provides mortgage and real estate data services, using AI to analyze the minute details of documents, photographs, videos, and other data types for its multiple listing services. To serve these customers across the U.S., IE uses storage to extract, write, and retrieve data for easy, immediate access.
Google has confirmed a $6.3bn (€5.5bn) investment programme in Germany, scheduled for 2026–29, which will focus on expanding data centre infrastructure and office space. The plan includes the construction of a new data centre in Dietzenbach, ongoing investment in the Hanau campus, and additions to office locations in Berlin, Frankfurt and Munich.
Microsoft Corp. will spend $10 billion on an artificial intelligence data center along the Portuguese coast, marking one of its largest European investments this year, the company said.