The White House has announced a new AI policy framework that calls for Congress to craft federal regulation that overrules state AI laws. The Trump administration has made multiple attempts to overrule more restrictive state-level AI regulation, but has failed so far, most notably in the passing of the “One Big Beautiful Bill.” The framework…
Data center development is slowing down, according to a new report from energy analytics firm Wood Mackenzie. In Q4 2025, developers only added 25 gigawatts of electricity capacity to their project pipeline, half of what was added the previous quarter. The slowdown is a sign that endless data center growth projections to power AI technology…
Oracle called the third quarter of fiscal 2026 its best in 15 years with revenue up 22% to $17.2 billion and cloud infrastructure up 84% to $4.9 billion. The market rejoiced, sending the stock up nearly 10% in after-hours trading on Tuesday. Despite the market’s ebullience, the enterprise software giant is blowing through cash at…
The $400 billion enterprise software and cloud infrastructure giant Oracle is in the hot seat with a fiscal third quarter earnings drop on Tuesday amid a spotlight on its heavy borrowing and negative free cash flow. To set the scene, at the top line analysts are expecting about 20% growth in quarterly revenues to roughly…
Today the White House announced that several major players in tech and AI have agreed to steps that will keep electricity costs from rising due to data centers. Under this Ratepayer Protection Pledge, companies are agreeing to practices that are intended to protect residents from seeing higher electricity costs as more and more businesses create…
Michael Waraksa for Deseret Magazine Jerome, Idaho, was named for a man who brought water to the land. Jerome Hill poured money into the North Side Canal Company, which, in turn, helped irrigate some 265 square miles of flat sagebrush steppe with water from the Snake River. The town lent his name to the county,…
Damage to three Amazon Web Services facilities in the Middle East from Iranian drone strikes highlights the rapid growth of data centers in the region, as well as the industry’s vulnerability to conflict. The company’s cloud computing division, Amazon Web Services, said late Monday that two data centers in the United Arab Emirates were “directly struck” and…
When Nicholas Bowman was in high school, he thought his next steps were already mapped: He’d get a college degree and land a stable, high-paying job—enjoying the kind of economic mobility higher education has long promised. But as application deadlines loomed, doubt crept in. What was so great about spending four years in classrooms, taking…
Once again, Nvidia CEO Jensen Huang had a simple response for investors who are worried that the AI spending race might be overblown. During the $4.8-trillion-valuation chip supplier’s earnings call on Wednesday, analysts pressed Huang on whether major cloud customers—whose capital expenditures are nearing $700 billion a year—could keep up the pace. According to Huang,…