Markets

New York enacts one-year data center ban on projects larger than 50 megawatts — first US state to implement moratorium; will also pursue repealing tax exemption

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“As data center development threatens ⁠to hike up utility bills, deplete our natural resources, and create uncertainty for New Yorkers, it’s my responsibility to take ​action and lead,” Hochul said in a statement. She al…

Elon Musk’s Starlink releases smaller and lighter V5 residential kit — offers speeds of up to 375 Mbps and almost half the power consumption of V4

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Jowi Morales is a tech enthusiast with years of experience working in the industry. He\u2019s been writing with several tech publications since 2021, where he\u2019s been interested in tech hardware and consumer electron…

Nvidia slashes list of authorized customers in Asia in a bid to reduce AI chip smuggling, report claims — company sent field inspectors, called customers to che

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Sources told the publication that the company made this move after Washington pressured it into tightening its legal compliance, which comes months after the arrest of Supermicro co-founder Yih-Shyan “Wally” Liaw , along…

Elon Musk spent estimated $1 billion on an energy company to power xAI, filings reveal — APR Energy owns a fleet of trailer-mounted gas and diesel turbines capa

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Flyfisherman AI data centers consume staggering amounts of power—projected to account for up to 12% of total US electricity by 2028 and rivaling the energy usage of entire nations like Ireland or Japan. Put the consumpti…