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AI data centres have become a "stress test" for insurers as rapid technological change and increasingly complex financing structures create a new set of challenges and opportunities for the sector.
Former Sen. Chap Petersen, D-Fairfax, remembers being "the lone wolf" in opposing a lucrative state tax exemption for the data center industry in the Virginia Senate.
Standing before a friendly crowd in March, Elon Musk laid out his plan for the future of his companies, and it was literally out of this world. Musk announced that his space-launch company, SpaceX, ...
Meta now plans to spend $10 billion on its AI data center in El Paso, Texas, up from a prior commitment of $1.5 billion. The data center aims to bring 1 gigawatt of capacity online by 2028. Meta is ...
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