#AI data centres

AMD Signed for 530 Megawatts and Took Warrants in the Landlord

A fifteen-year colocation deal worth more than $14 billion in potential revenue — plus 30 million shares of Core Scientific at $23.47, vesting by the megawatt.

1h ago

Two rows of server racks in a dark data hall, patched with orange and yellow cabling and lit by green status LEDs

Finance AI

Meta Found Another Way to Build a Gigawatt Without Paying for It

BlackRock's funds take 80% of a $14 billion campus in El Paso. Meta contributes land, manages construction, is the only tenant, and guarantees residual value of up to about $13 billion.

2h ago

A cleared construction site in scrub desert outside El Paso, with new timber power poles running across it and earthworks in the distance