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data centre industry
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- 1AI pioneers warn of risks as infrastructure buildout accelerates▼CNBC Daily Open: AI’s creators sound the alarm — while others keep building the infrastructure
CNBC's Daily Open newsletter highlights a growing split in the artificial intelligence world: some of the technology's own creators are publicly warning about AI's dangers, while companies continue investing heavily in data centres, chips and other infrastructure to expand it. The piece frames the tension between safety concerns and the commercial race as a defining issue in the sector right now.
- 2AI must earn $6 trillion a year to fund data centre buildout●AI needs $6T in annual revenue to justify data centre boom
A new analysis estimates the AI industry will need roughly $6 trillion in annual revenue by 2031 to justify the massive spending on data centres now underway. The figure highlights the gap between infrastructure investment and current AI earnings, fuelling debate over whether the boom is a bubble or a bet worth making.
- 3Nvidia revenue doubles as AI chip demand stays red-hot●Nvidia revenue soars 106%, beats expectations as AI chips stay in high demand
Nvidia reported a 106% surge in revenue, beating Wall Street expectations as demand for its artificial intelligence chips remains exceptionally strong. The results underline how the AI boom continues to drive record sales for the semiconductor maker, which supplies the processors powering much of the industry's data-centre build-out. Investors and analysts are watching closely for signs of how sustainable the growth can be.
- 4Europe's carmakers compete with AI for chips and materials●Europe’s carmakers compete with AI for chips and critical materials
European carmakers are competing with the fast-growing artificial intelligence industry for supplies of semiconductors and critical raw materials, according to Euronews. As AI data centres expand rapidly, they are driving up demand for chips and materials such as lithium and rare earths that the automotive sector also depends on for electric vehicles, intensifying competition and raising concerns about supply security for European manufacturers.
- 5AI industry works to counter data centre backlash before US midterms●AI industry moves to thwart data centre backlash ahead of US midterms… # technology # thegeektribune https://www. ft.com
The AI industry is mounting a campaign to counter growing public opposition to data centres ahead of the US midterm elections, according to a Financial Times report. Local resistance to new facilities has grown over concerns about energy use, water consumption and strain on power grids, prompting companies to move to blunt the backlash before it becomes an election issue.
- 6McKinsey raises 2030 chip market forecast to $2.3 trillion▼McKinsey raises 2030 chip market forecast to $2.3T
Consultancy McKinsey has raised its forecast for the global semiconductor market, projecting it will reach $2.3 trillion by 2030. The upgraded estimate reflects expectations of continued strong demand for chips, driven by artificial intelligence, data centres and expanding electronics production. The semiconductor industry has repeatedly outperformed earlier predictions in recent years, prompting analysts to lift their long-term projections.
- 714 US states weigh moratoriums on new data centres●At least 14 US states are weighing data-centre moratoriums as communities push back on Big Tech’s power and water grab.
At least 14 US states are considering moratoriums on new data centres as local communities push back against the industry's heavy demands on electricity grids and water supplies. Environmental campaigners, including Greenpeace, are calling for a halt to new mega data centres until binding rules ensure the technology serves people and the planet rather than corporate profit.