Amazon’s artificial intelligence ambitions will soon be partly fueled by a natural gas-burning power plant in Texas that “could become the largest single source of climate pollution in the United States,” The New York Times reported.

These gas-burning plants are increasingly lumped into data center projects. They produce harmful pollutants, which can accelerate climate change impacts and harm public health—contributing to conditions like asthma, heart disease, lung cancer, and strokes. Some communities are demanding more stringent environmental reviews, but the Trump administration favors fast-tracking that can include skipping the permitting process entirely.

Since Elon Musk’s xAI controversially began relying on gas turbines last spring to power its biggest AI data center, Colossus, there has been public backlash to off-the-grid data centers like the one Amazon is building.

Read full article

Comments

SpaceX shares dropped on Wednesday after Elon Musk’s plans for blockbuster spending to position his AI and rocket company as a data center developer spooked investors.

SpaceX surpassed analysts’ expectations in Tuesday’s debut earnings report, posting quarterly revenues of $7.8 billion, well above analysts’ estimates of $6.82 billion and up 92 percent from a year earlier. It posted a net loss of about $541 million, better than estimates of $2.12 billion.

But shares in SpaceX fell 10 percent in early trading after it reported capital expenditure of almost $16 billion on AI, double the previous quarter and well above Wall Street’s expectations. It said spending would persist at current levels for at least two more quarters.

Read full article

Comments