Section
Finance
TeraWulf’s AI lease revenue grows as financing risks draw scrutiny
Data center operator TeraWulf reported sharply higher computing lease revenue Friday as executives outlined financing for a $19 billion contract…
Data Centers
Core Scientific revenue nearly triples as AI hosting expands; shares fall in market rout
Core Scientific reported sharply higher revenue and profit Thursday as more data center capacity began generating revenue, while outlining customer…
Data Centers
TeraWulf adds Google credit support, Fluor construction deal for $19 billion Anthropic leases
TeraWulf has secured Google credit support for anticipated financing of its Hawesville, Kentucky, data center campus and signed a construction…
Data Centers
Indiana Utility Set to Borrow Billions as it Keeps Up With Data Center Expansion
Utility holding company NiSource is seeking bond financing as it plans billions in spending to supply data centers in northern…
Data Centers
On the board: Cipher reports first computing lease revenue
Data center company Cipher Digital reported its first high-performance computing lease revenue Monday following rent commencement at Black Pearl and…
Data Centers
Alliant raises spending plan to $15.9 billion as data-center demand grows
Alliant Energy increased its four-year capital spending forecast 19 percent to $15.9 billion as data-center projects in Iowa and Wisconsin…
Data Centers
TerraVolt options 1,077 acres for gas-powered Idaho data center campus
TerraVolt Holdings has secured options to buy about 1,077 acres in Idaho for a proposed data center campus designed to…
Data Centers
Carrier’s data center orders surge 300 percent as cooling demand grows
Carrier’s data center orders rose 300 percent in the third quarter as demand for cooling equipment helped lift sales and…
Data Centers
SLB’s Data Center Revenue Jumps 76 Percent as It Expands Beyond Oilfields
SLB’s data center business generated $230 million in third-quarter revenue, up 76 percent from a year earlier, as the oilfield…
Finance
Venture Global Lines Up 16 Gas Power Islands for Up to 10 GW of Off-Grid Data Center Capacity
Big power is still driving big deals. Venture Global Inc. has signed frame agreements with GE Vernova and Baker Hughes…