Vertiv, Lumentum, Coherent and EchoStar are the newest entrants to the S&P 500.

If you’re worried about data centers and AI inflating your electricity bill, you’re not alone. A California watchdog released a report Tuesday urging policymakers to act fast on the state’s fast-growing data-center industry – before soaring electricity demand from artificial intelligence lands on the bills of ordinary households.

Two of the most important custom chip makers in AI just delivered back-to-back blowout quarters, and the market is taking notice. The thesis is simple: custom AI accelerators sold by Broadcom and Marvell are believed to be better suited for inference workloads,

The Independence City Council passed billions in tax breaks for Nebius, which will break ground on a 400-acre data center this year.

Sid Miller warned that server farms were swallowing farmland and draining rural water supplies. Republican voters weren’t persuaded. An agriculture commissioner race is probably not where you would expect the politics of AI to play out.

Tata Consultancy Services Ltd., which just cut an agreement with OpenAI to build data centers for artificial intelligence in India, is nearing additional deals with other tech giants, signaling a commitment to reshaping its business model to capitalize on the emerging technology.

Oracle is reportedly planning thousands of layoffs as it pours billions into AI data centers, raising investor concerns over costs and long-term cash flow.