David Cote, former CEO of Honeywell, became executive chairman of Vertiv, a cooling company whose market cap surged from under $11 billion to $109 billion since going public, after being fired by Jack…
Amazon, Alphabet, Microsoft, and Meta are on track to collectively spend roughly $735 billion on AI data center infrastructure in 2026, according to Goldman Sachs estimates, with global AI infrastruct…
The AI data-center boom is driving investment in industrial equipment makers such as Caterpillar, Cummins, Eaton, Ford, Vertiv, Schneider Electric and Corning, with Caterpillar investing $725 million …
Alibaba Cloud has cut AI data center delivery time to 100 days using a modular design that also reduces construction costs by more than 10%, a move that shifts the competitive bottleneck from GPU proc…
Firebird launched a 6,144-GPU NVIDIA B200 Blackwell AI factory near Hrazdan, Armenia, which NVIDIA calls the largest AI factory in the Commonwealth of Independent States. The first phase is backed by …
Vertiv, a major supplier of cooling and power infrastructure for data centers, added $3.27 billion in revenue for Q2 but missed its revenue guidance by about $76 million and the street's consensus by …
Vertiv CEO Giordano Albertazzi said earnings from Google, Meta, and Microsoft are reinforcing the acceleration of data center demand, as Vertiv stock rebounds after reporting quarterly earnings. The c…
Wall Street closed sharply lower on Wednesday after the Federal Reserve held interest rates steady, with the Nasdaq 100 index dropping 2.1% and marking an 11% decline from its June record high as inve…
Traders are piling into stocks benefiting from AI data center spending as hyperscale cloud providers plan between $600 billion and $630 billion in combined capital expenditures for 2026, with roughly …
Six formerly sleepy stocks have joined the $100 billion-plus valuation club by riding the AI boom, with their combined market cap surging from $90 billion to nearly $1 trillion since mid-July 2023, ac…
The Naval Postgraduate School activated the first Nvidia DGX GB300 deployed within the U.S. military on July 22, 2026, a three-rack system with 72 Blackwell Ultra GPUs, 36 Grace CPUs, 20 terabytes of …
Nvidia donated a DGX GB300 AI supercomputer, the first in the U.S. military, to the Naval Postgraduate School in Monterey to train officers on AI's limits. The system, powered by 72 Blackwell Ultra GP…
The Naval Postgraduate School has deployed the Nvidia DGX GB300 AI supercomputer, the first in the military, to train students in AI applications for weather modeling, cybersecurity, and operations re…
Hut 8 Corp. surged 30-35% after announcing a 15-year triple-net lease worth $9.8 billion for the first phase of its Beacon Point AI data center campus in Nueces County, Texas, covering 352 megawatts o…
Vertiv (VRT) is expanding its AI data center cooling platform through the acquisition of ThermoKey, a move that strengthens its position in the thermal management market for high-density computing env…
Advanced Energy Industries launched the ADH series of DC-DC converters for 800 V DC power architectures in AI data centers, achieving 98.2% peak efficiency and up to 8 kW output. The converters addres…
Vertiv announced a new factory in Johor, Malaysia, set to open in early 2026, to produce cooling and power equipment for AI data centers in Asia Pacific. The facility aims to cut delivery times and su…
Nvidia is leading a transition to 800-volt direct current (800 VDC) power architecture for AI data centers, aiming to reduce energy waste and copper usage. The shift could reshape the energy supply ch…
Vertiv's stock was named Stock of the Day, offering an early buy point driven by AI-fueled growth. The company benefits from increased demand for data center infrastructure due to artificial intellige…
Google launched Brazos, a rack-mounted liquid cooling system designed for AI chips drawing over 1,000 watts, capable of handling 60kW per rack. The closed-loop solution can be deployed in existing air…