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Bloomberg34d agoneutral
CleanSpark Agrees 20-Year Data-Center Lease for $6.6 Billion

(Bloomberg) -- Bitcoin miner CleanSpark Inc. has agreed to a 20-year infrastructure lease for a data center at its Sandersville campus in Georgia for $6.6 billion in contracted revenue. Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleDisney Exiting Streaming Could Spur 40

Odessa American, Texas34d agoneutral
Perryman says data centers can be beneficial with protections

With Microsoft and Chevron joining forces to build a self-powered $7-billion AI data center 20 miles south of Pecos and with other companies envisaging similar plans, Waco economist Ray Perryman says there are justifiable concerns about ensuring that data centers do not lead to problems with the electricity supply or transmission capacity, although many of those concerns are being addressed. ...

Chevron (CVX) Launches AI Data Center Power Venture And Extends Australia Gas Supply
Simply Wall St.34d agoneutral
Chevron (CVX) Launches AI Data Center Power Venture And Extends Australia Gas Supply

Chevron (NYSE:CVX) has launched a new business with GE Vernova and Microsoft to supply natural gas power to AI data centers. The company has also signed a five year extension to supply natural gas to Alinta Energy in Western Australia. Chevron is best known for its oil and gas production. This new move into powering AI data centers links its existing natural gas operations with a fast growing digital infrastructure sector. The partnership with GE Vernova and Microsoft positions Chevron...

This Is Why I Keep Buying Meta Stock
24/7 Wall St.34d agobullish
This Is Why I Keep Buying Meta Stock

Most AI investments force a choice between owning the infrastructure and cashing in on the product. One company has quietly collapsed that tradeoff in a way that changes the math on every other position in the sector.