Australian data centre operator NextDC sharply cut its full-year earnings guidance and shares slumped about 40% in a single session. The company blamed delays to power supply at its Melbourne facility, which has also faced opposition from local communities and stakeholders.
NextEra Energy to Buy Dominion in AI Data Center Power Race NextEra Energy, America’s largest renewable energy company, has announced the acquisition of Dominion Energy, according to Bloomberg. The deal unites two key players in the race to power AI data centers. With the rapid expansion of AI, data center power demand has grown explosively. Both NextEra and Dominion hold significant positions in the US energy market, and their merger would create a comprehensive energy giant spanning renewable and traditional power generation. ...