Category: center
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Microsoft relaxes data center grip on OpenAI amid $500 billion joint venture
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Written by Stephen Nellis and Crystal Ho (Reuters) – Microsoft (MSFT) said on Tuesday it had changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle (ORCL) and Japan’s SoftBank Group to build up to $500 billion of new artificial intelligence…
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Keystone Fund plans data center in Be’er Tuvia power plant
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The partnership operating the IPM power plant, led by the Keystone Fund, recently filed a master plan with the local Planning and Building Commission to build a new data center at Be’er Tuvia. This step, which still requires approval from planning authorities, appears to be routine, but the exception is…
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Week Ahead in FX (Nov. 11 – 15): U.S. Inflation And Global Jobs Data To Take Center Stage
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Get ready for another action-packed trading week, Forex friends! Important data this week includes US inflation reports, the labor market from the UK and Australia, and China data that could shake market sentiment. But before all that, make sure you are aware of the global market movements and key currency…
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As data center industry booms, an English village becomes a battleground
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Breadcrumb links PMN BMN Business Article writer: Associated Press Kelvin Chan Published on November 02, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content ABBOTS LANGLEY, England (AP) — Originally built to store peasant…
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Oracle shelves plans to build data center in Israel
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The American technology giant Oracle (NYSE: ORCL) was one of the first companies to rent a powerful underground data center in Israel to provide its clients – banks, health funds and defense forces, with artificial intelligence processing, data management and information storage services. Even before Microsoft, Amazon and Google built…
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Oracle shelves plans to build data center in Israel
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The American technology giant Oracle (NYSE: ORCL) was one of the first companies to rent a powerful underground data center in Israel to provide its clients – banks, health funds and defense forces, with artificial intelligence processing, data management and information storage services. Even before Microsoft, Amazon and Google built…
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Tornado Cash At Center Of $287 Million Laundered In Q3: High-Profile Anomalies Exposed
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The ongoing legal saga surrounding Tornado Cash, a cryptocurrency mixing service, has intensified, with its founders facing serious allegations of facilitating large-scale money laundering. The US Department of Justice has charged Roman Storm and Roman Semenov with running a facility that allegedly helped launder more than $1 billion in illicit…
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Tornado Cash At Center Of $287 Million Laundered In Q3: High-Profile Anomalies Exposed
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The ongoing legal saga surrounding Tornado Cash, a cryptocurrency mixing service, has intensified, with its founders facing serious allegations of facilitating large-scale money laundering. The US Department of Justice has charged Roman Storm and Roman Semenov with running a facility that allegedly helped launder more than $1 billion in illicit…
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Wall Street’s 2 Newest Stock-Split Stocks Are Taking Center Stage This Week
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Despite artificial intelligence Stock splits have been the talk of Wall Street for most of the past two years, and the euphoria surrounding companies executing stock splits has been an equally important catalyst for the stock market in 2024. A stock split is a tool available to publicly traded companies…
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Futures firm as Powell set to take center stage at Jackson Hole
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(Reuters) – U.S. stock index futures were slightly higher on Friday as investors awaited comments from Federal Reserve Chairman Jerome Powell at the Jackson Hole Economic Symposium for clues on interest rate cuts in the world’s largest economy. While minutes from the Fed’s July meeting this week showed that a…
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Macro Factors To Take Center Stage
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A new report from Coinbase Research claims that macroeconomic pressures are weighing on the cryptocurrency market. Analysts expect the market to remain vulnerable in the coming weeks as there are very few catalysts to move the price higher. This is making many investors nervous, as conditions change globally. Coinbase: Major…
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Sderot to have own innovation center
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The center, adjacent to the Sderot train station, is planned to include a technology incubator. An innovation center will be built next to the railway station in Sderot in southern Israel. Construction of the first part of the center will begin soon – four years after the foundation stone was…
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Exclusive-Blackstone in bid to acquire shopping center owner Retail Opportunity, sources say By Reuters
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By Anirban Sen (Reuters) – Private equity firm Blackstone is in early talks to acquire Retail Opportunity Investments Corp, a U.S. shopping mall owner with a market value of about $2 billion, people familiar with the matter said. Blackstone’s interest comes after ROIC shares have lost more than 10% of…
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Wall St bounces back after sell-off as Biden exit takes center stage By Reuters
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By Ankika Biswas, Shubham Batra and Lisa Pauline Mattakal (Reuters) – U.S. and Australian stocks recovered some of the previous week’s losses on Monday, as investors reconsidered Republican candidate Donald Trump’s chances of winning a second presidential term after U.S. President Joe Biden dropped out of the race. Biden announced…
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Talen asks US regulators to reject challenge to Amazon data center deal By Reuters
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Written by Leila Kearney NEW YORK (Reuters) – Talen Energy Inc. has asked U.S. regulators to dismiss a challenge to its recent data center deal with Amazon.com Inc. that is being challenged by a group of electric utility companies that say the deal could raise consumers’ electricity bills, according to…
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Trump puts murdered women and girls center stage in anti-immigration drive By Reuters
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By Ted Hesson and Alexandra Ulmer WASHINGTON (Reuters) – Minutes before he took the stage for the first presidential debate on Thursday, Donald Trump received a phone call from the mother of 12-year-old Joselyn Nungaray, who was killed in Houston this month, allegedly by two Venezuelan men who had illegally…
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Constellation, Vistra, PSEG may grab nuclear data center supply deals, S&P says
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Allkindza/E+ via Getty Images Rising energy prices have created opportunities for nuclear operators to serve nearby data centers, S&P Global Ratings said in an analysis published Tuesday on UtilityDive.com, referring to Constellation Energy.Nasdaq: CEG), Scenery (New York Stock Exchange: FST) and public service Group of institutions (link) as companies Ready…
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Russia’s Tatarstan eyes building $100m Bitcoin mining center
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Fintech company Innopolis Tech, controlled by Russia’s former communications minister, is set to build Russia’s largest bitcoin mining center worth about $100 million. The Republic of Tatarstan is preparing to build the largest Bitcoin mining infrastructure in Russia with an investment value of about $100 million, according to… Local news…
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Russia’s Tatarstan eyes building $100m Bitcoin mining center
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Fintech company Innopolis Tech, controlled by Russia’s former communications minister, is set to build Russia’s largest bitcoin mining center worth about $100 million. The Republic of Tatarstan is preparing to build the largest Bitcoin mining infrastructure in Russia with an investment value of about $100 million, according to… Local news…
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Trump Takes Center Stage: US Crypto Advocacy Gets A Powerful Voice
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Republican presidential candidate and former US President Donald Trump Announce His support for cryptocurrency, and defense of its future in the United States, as the presidential elections approach. With this announcement, Trump’s views on digital assets have clearly changed as he now acknowledges their ability to stimulate economic growth and…