Nvidia will invest $3 billion in Meta. The chipmaker announced the investment on Tuesday, October 27, as Meta increases its spending on artificial intelligence (AI) infrastructure. Nvidia and Meta expand their AI partnership as Nvidia plans a $3 billion investment in Meta. (REUTERS) Meta plans to raise $95 billion to fund AI investments. The social … Read more
Shares of major neocloud companies fell on Monday after Elon Musk warned that more than 200 companies in the artificial intelligence (AI) infrastructure sector could collapse. The warning added to investor concerns about rising debt and the high cost of building AI data centres. Neocloud stocks fall as Elon Musk warns of AI company failures … Read more
Residents oppose plans to turn the former hotel and wedding venue into 42 studio apartments for 65 people. (Photo: SWNS) Residents in Maidstone, Kent, have voiced strong opposition to plans to convert a former hotel and wedding venue into a 42-unit co-living development, saying they fear the proposal could put additional pressure on parking, local … Read more
A routine infrastructure project in Oceanside, California, has uncovered a glimpse of a world that existed tens of millions of years before humans. The City of Oceanside first announced the discovery on September 22, while reporting from the Los Angeles Times, NBC 7 San Diego and the San Diego Union-Tribune provided additional details about the … Read more
Zelenskyy vows refinery strikes as infrastructure warfare escalates Ukraine has vowed to step up attacks on Russian oil refineries in response to what president Volodymyr Zelenskyy described as a new Russian strategy of targeting infrastructure across Ukrainian cities, including energy, transport and logistics networks.Zelenskyy told Reuters that Ukrainian intelligence had obtained documents indicating that Russian … Read more
An Iowa corn and soybean farmer found that using less than two acres of his cropland for renewable energy equipment created the most reliable financial return across his entire property. According to a feature published by Progressive Farmer in April 2021, the farmer agreed to host two industrial wind turbines, along with access roads and … Read more
A $2.52 billion federal loan has been approved to build the Interstate 10 Mobile River Bridge and Bayway project, clearing the way for the largest infrastructure project in Alabama’s history. US Transportation Secretary Sean P. Duffy announced the approval of the low-interest loan, which provides key funding for the $4.15 billion project aimed at fixing … Read more
San Francisco’s long-delayed Candlestick Point redevelopment is finally moving forward, with a $130 million first phase funding roads, utilities and infrastructure. (Photo: Daniel Lurie/ZUMAPRESS.com) After years of stalled plans, changing economic conditions and an abandoned shopping mall proposal, construction has officially begun at San Francisco’s Candlestick Point.Mayor Daniel Lurie announced Wednesday that the first phase … Read more
A Syrian site held infrastructure “consistent with a nuclear reactor”, the UN nuclear watchdog said in a confidential report seen by AFP on Tuesday, adding that the country under ousted former leader Bashar al-Assad “failed to report nuclear material, facilities and activities”. Syria site infrastructure ‘consistent with nuclear reactor’: IAEA Inspectors of the International Atomic … Read more
New York City The City of New York Mayor Michael R. Bloomberg Wetlands Strategy In the 1990s, New York chose wetlands over conventional storm sewers on Staten Island; the Bluebelt strategy saved taxpayers $80 million in infrastructure costs. Instead of laying miles of underground concrete pipes, the city preserved and restored natural streams, ponds, and … Read more