Jan 14, 2025
Macquarie To Invest Up To $5 Billion In Applied Digital AI Data Centers
Posted by Bruce Burke in categories: bioengineering, business, robotics/AI
In today’s AI news, Macquarie will invest up to $5 billion in data centers being built by artificial-intelligence infrastructure company Applied Digital, adding to the Australian bank’s substantial AI-related investments.
And, President Joe Biden will issue an executive order on Tuesday to provide federal support to address massive energy needs for fast-growing advanced artificial intelligence data centers, the White House said.
The order calls for leasing federal sites owned by Defense and Energy departments to host gigawatt-scale AI data centers and new clean power facilities — to address enormous power needs on a short time frame.
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