Hyperscalers

Energy

NextEra Energy Predicts Dominion Takeover Will Reduce Customers’ Power Bills

Photo via Kendall Warner/TNS/Newscom

The smaller company in the deal, Dominion Energy, powers the world’s data center capital in northern Virginia.

2 min read

Photo via Tom Williams/CQ Roll Call/Newscom

Big Tech

Meta Lags Rival Hyperscalers as Investors Grow Wary of Surging CapEx

Meta is planning a spending spree later in this year, raising its expected annual capital expenditures from $115 billion to $135 billion.

2 min read
Photo via Sheldon Cooper/ZUMAPRESS/Newscom

Artificial Intelligence

GE Vernova, Vertiv Pull Powerhouse Profits from Hyperscalers’ Data Center Investments

GE Vernova stock jumped nearly 14% Wednesday following the earnings report, widening the past year’s gains to 246%.

1 min read
Photo via Kyodo/Newscom

Artificial Intelligence

In CapEx Manifesto, Amazon CEO Defends Billions in AI Investments

In his annual shareholder letter, Amazon CEO Andy Jassy doubled down on massive AI investments and took a few swipes at rivals.

2 min read

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