45k user reviews & 1 million votes, over 29k web hosting brands & 85k plans since 2004!
Menu
WHTop → 📋 News → Blue Owl, Chirisa, PowerHouse Propel $5B AI JV with $750M Investment
Blue Owl, Chirisa, PowerHouse Propel $5B AI JV with $750M Investment
📅 - Blue Owl Capital, Chirisa Technology Parks (CTP), and PowerHouse Data Centers have announced the next phase of their landmark $5 billion joint venture to develop high-performance AI and HPC (high-performance computing) data center infrastructure. The group completed $750M funding to expand next-gen facilities, supporting AI cloud growth for AI-native cloud firms like CoreWeave.
The partnership, formalized in August 2024, is designed to allocate up to $5 billion for AI-focused data center developments. The most recent capital injection will support the construction of 120 megawatts (MW) of new data center capacity at CTP's expansive 350-acre Chesterfield, Virginia campus. This initial [...][... Check source for end of article ...]
📅 - INTROSERV Created a Remote Office Based on Proxmox for its Client - The Challenge Our client, a rapidly growing company, faced an urgent need to establish a remote office for their expanding team. They required a complete technological infrastructure that would maintain their operational standards while supporting remote work capabilities. The solution needed to be implemented quickly without compromising on security or reliability.
The project required addressing the following technical and operational goals:
Fast server delivery to meet urgent migration needs
Seamless integration of servers into existing environments
Secure and scalable virtualization using Proxmox VE
Reliable and verified backup solutions
Custom server configuration and disk [...]
📅 - Trump Orders Boost Nuclear Power for AI Data Centers - In a significant policy move aimed at bolstering U.S. artificial intelligence capabilities, President Donald Trump has signed a series of executive orders designed to double the nation's nuclear energy development over the next 25 years. These directives form a cornerstone of his strategy to secure high-density, resilient power sources to meet the surging energy demands of AI technologies and to compete globally, particularly with China.
The new orders specifically call for the rapid construction and deployment of advanced nuclear reactors, classifying them as essential military electric infrastructure. These next-generation facilities are expected to serve as stable, secure energy [...]
📅 - GridCARE Launches with $13.5M to Speed AI Data Center Power Access - GridCARE, a startup driving the AI revolution, came out of stealth. The business has secured a $13.5 million seed fundraising round that was heavily oversubscribed and sponsored by Temasek-backed deep technology venture capital firm Xora.
AI's rapid development has led to an unprecedented demand for electricity, which is predicted to more than quadruple by 2050. Much of the grid's capacity is still hidden as developers of AI infrastructure race to find new power sources for data centers. By using cutting-edge AI, GridCARE unlocks this unrealized potential, allowing developers to ensure dependable electricity without having to wait for new construction and at a fraction of the time and [...]
📅 - TELUS Commits $70B to Boost Network Infrastructure Across Canada - TELUS has announced a sweeping investment plan, pledging over $70 billion over the next five years to enhance its operations and expand network infrastructure across Canada. The initiative aims to accelerate digital inclusion, stimulate innovation across sectors, and position Canada more competitively in the global digital economy.
This significant financial commitment builds on TELUS' longstanding role as a national telecom infrastructure leader in Canada, having already invested more than $276 billion since 2000 to bolster productivity and economic growth. The company's latest plan is positioned as both a technological and socio-economic strategy, targeting improved connectivity in both [...]
📅 - Infosys Unveils 200+ Enterprise AI Agents Powered by Google Cloud - Infosys, a global provider of digital services and consulting, has unveiled a major expansion in its enterprise AI offerings with the launch of more than 200 AI agents. These agents, designed to operate at scale across complex business processes, are powered by the integration of Google Cloud's Vertex AI platform and Infosys' own Topaz AI capabilities.
This development represents a strategic push by Infosys to enhance digital transformation across industries such as healthcare, finance, manufacturing, retail, agriculture, and communications. The AI agents are engineered to autonomously manage and optimize multi-agent workflows, offering clients measurable improvements in efficiency, [...]
📅 - Private Cloud Now a Strategic Equal in Cloud Strategy, Study Finds - A shift in enterprise cloud strategy is underway, as private cloud platforms move from a supporting role to a central pillar in IT modernization. That's the central takeaway from the newly released ‘Private Cloud Outlook 2025' report, based on a global survey conducted by research firm Illuminas and commissioned by Broadcom. The findings suggest a broad reassessment of cloud priorities across industries, driven by mounting concerns over cost, security, and the practical deployment of AI workloads.
The survey, which gathered responses from 1,800 senior IT leaders across North America, Europe, and Asia Pacific, reveals that 69% of organizations are considering moving workloads from public [...]