Tag Archives: invest

Google to invest $25 billion in data centers, AI infrastructure in PJM

Google to invest  billion in data centers, AI infrastructure in PJM

Ruth Porat, President & Chief Investment Officer of Alphabet & Google, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024. Mike Segar | Reuters Alphabet‘s Google will invest $25 billion in data center and artificial intelligence infrastructure over the next two years in states across the biggest electric grid in the U.S., the technology company …

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Elon Musk’s SpaceX might invest $2 billion in Musk’s xAI

Elon Musk’s SpaceX might invest  billion in Musk’s xAI

One Elon Musk business might be making a big investment in another. According to a Wall Street Journal report that cites investors close to SpaceX, the company has agreed to invest $2 billion in Musk’s AI startup xAI. The investment would reportedly be part of the $5 billion equity raise (along with another $5 billion in debt) that Morgan Stanley …

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