Google scores six-year Meta cloud deal worth over $10 billion

“ On the winning side of the ledger sit producers of stranded natural gas in areas like the Permian Basin, where the fuel has sold for negative prices for much of 2024. A wave of distributed power plants constructed next to the cheapest natural gas in the world seems inevitable. In its earnings call two weeks ago, Diamondback Energy put out the

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The announcement follows a deal Kairos and Google struck in 2024 to expedite commercialization of its small modular reactor technology; it will help Google, which operates data centers in the region, decarbonize its operations. It also makes Tennessee Valley Authority the first utility to buy power from advancedreactors, like the kind Kairos is... See more

Morgan Stanley expects global spending on data centers to hit nearly $3 trillion between now and 2029 – about the size of France’s economy. Approximately half of this is expected to come from Big Tech capex https://t.co/bKNq3ANNSA

“ The province of Alberta, home to the world’s third-largest crude reserves, is making a push to become a hub for artificial intelligence data centres and sees the potential to attract $100 billion in investments.

The government is planning to introduce legislation, make regulatory changes and roll out new services to encourage technology

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