Elk Grove Village property seeks $850M in junk bonds for CoreWeave data center

From data center backlash and new state regulations to shaky ROI and failed enterprise tools, the industry is entering a more skeptical phase.

The expansion of data centers in Elk Grove Village could boost local economic growth but raises concerns about resource strain and financial risk. The post Elk Grove Village property seeks $850M in junk bonds for CoreWeave data center appeared first on Crypto Briefing.

CoreWeave's validation of Nvidia's AI rack enhances its market position, reduces deployment risks, and boosts investor confidence in its strategy. The post CoreWeave validates Nvidia Vera Rubin NVL72 for production use appeared first on Crypto Briefing.

OpenAI breaks ground on a 1GW data center project in Michigan as part of Stargate, building AI infrastructure to expand access, create jobs, and support communities.

The post NVIDIA is coming for Intel and AMD’s turf appeared on BitcoinEthereumNews.com. On May 31, NVIDIA announced full production of its Vera CPU, positioning the 88-core chip as the data center industry’s first processor designed specifically for AI agent workloads. Anthropic, OpenAI, SpaceXAI, Oracle Cloud Infrastructure, ByteDance, and CoreWeave are among early adopters planning deployments, according to the company’s press release. The chip represents NVIDIA’s most aggressive push yet beyond GPUs and into the CPU market that Intel and AMD have dominated for decades. Where Grace, NVIDIA’s prior ARM-based server chip, shipped roughly 2.5 million units to date, Vera introduces a fully custom core architecture called Olympus rather than licensing an off-the-shelf ARM core design, according to Tom’s Hardware. Why AI Agent workloads are redefining CPU demand in data centers The economics of data centers for artificial intelligence have changed. As models progress from responding to que

The post Erin Brockovich Takes On Data Center Secrecy With Community-powered Transparency Map appeared on BitcoinEthereumNews.com. Erin Brockovich Takes On Data Center Secrecy With Community-powered Transparency Map Skip to content Home AI News Erin Brockovich takes on data center secrecy with community-powered transparency map Source: https://bitcoinworld.co.in/erin-brockovich-data-center-secrecy-transparency-map/

Environmental activist Erin Brockovich has a new mission.

The post SoftBank Bets Big on AI: €75 Billion to Build Massive French Data Hub appeared on BitcoinEthereumNews.com. SoftBank Group has committed up to €75 billion to develop 5 gigawatts of artificial intelligence data center capacity in France, its largest AI infrastructure investment in Europe. The pledge was announced at the 2026 Choose France summit in Paris, where President Emmanuel Macron secured commitments of tens of billions in foreign investment. SoftBank cited France’s low-carbon grid, industrial land, and engineering talent as primary factors behind its selection. A Phased Buildout Across Hauts-de-France The first phase covers €45 billion to deliver 3.1 GW of capacity across three sites in the Hauts-de-France region by 2031. SoftBank plans to add further locations across France as the program extends toward the full 5 GW target, working with SB Energy and other strategic partners on development. SoftBank Chairman and CEO Masayoshi Son framed the move as part of a broader glo