2 little-known tech founders are both $14 billion richer this year as AI demand fuels a memory supercycle

Tech Insider : Business, Technology
Kingston Technology's David Sun (left) and John Tu
Kingston Technology's David Sun (left) and John Tu are among the biggest wealth gainers this year.

Al Schaben/Los Angeles Times via Getty Images

Tension over a proposed AI data center leads to an arrest in Oklahoma

Tech Insider : Business, Economy
Data center
Beale Infrastructure wants to build a data center in Claremore, Oklahoma.

Oselote/Getty Images

Nvidia pushes into Intel and AMD's turf with a 'multigenerational' Meta deal

Tech Insider : Business, Technology
Nvidia cofounder and CEO Jensen Huang onstage in a shiny black jacket with bright lights behind him.
Nvidia cofounder and CEO Jensen Huang

Patrick T. Fallon / AFP via Getty Images

Trump's trade advisor says Big Tech must 'internalize the cost' of AI data centers

Tech Insider : Business, Technology
Peter Navarro
Peter Navarro says tech companies building data centers "need to pay for all of the costs."

Win McNamee/Getty Images

'KGB' is how the AI spending boom will play out

Tech Insider : Business, Technology
Bernard Golden
Bernard Golden, CEO of Navica

Courtesy of Bernard Golden

Anthropic says it will pay 100% of the grid upgrade costs tied to its AI data centers

Tech Insider : Business, Technology
Data Centers in Virginia, U.S.
Anthropic says it will absorb electricity price increases linked to its AI data centers rather than pass them on to Americans.

Leah Millis/REUTERS

SpaceX is hiring to turn Elon Musk's plan for data centers in space a reality

Tech Insider : Business
SpaceX
SpaceX is planning to launch data centers in space.

Alan Dyer/Stocktrek Images/Getty Images

Amazon's blowout $200 billion AI spending plan stuns Wall Street

Tech Insider : Business
Amazon CEO Andy Jassy
Amazon CEO Andy Jassy

Fortune via Reuters Connect

Data centers are powering Blackstone's $1.3 trillion investment empire

Tech Insider : Business, Economy
Blackstone CEO Steve Schwarzman speaks and holds out his hand in a gesture during the Business Roundtable CEO Innovation Summit in Washington, DC on December 6, 2018.
Blackstone CEO Steve Schwarzman

Jim Watson/AFP/Getty Images

Redwood Materials lands Google as a new investor

Tech Insider : Business, Economy
JB Straubel, founder and CEO of Redwood Materials, speaks about battery recycling at CES
JB Straubel, founder and CEO of Redwood Materials, speaks about battery recycling at CES

Steve Marcus/REUTERS

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