A new Brookings report says binding community benefit agreements are increasingly necessary as local opposition mounts over AI data centers.

Tech firms are floating the idea of building data centers in space and tapping into the sun's energy to meet out-of-this-world power demands in a fierce artificial intelligence race.

AI’s energy problem may also be its solution, as cities are increasingly exploring opportunities to repurpose excess heat from data centers.

As AI increases demand for data centers, many will get built in dense metropolitan areas close to where people live and work.

For Q4, Nokia reported that its Network Infrastructure business delivered seven percent net sales growth in the fourth quarter, which included 17 percent growth in optical networks. Overall, Nokia posted revenue of €2.4bn ($2.86bn) for the quarter, up 19 percent YoY.

They form the backbone of social media platforms, e-commerce sites and other technologies. They pay big tax bills but suck up energy and water.

The acquired portfolio of highly interconnected data centers in Buffalo, Nashville and Tampa is the result of a joint venture with Novacap

Investment firm Novacap and H5 Data Centers have launched a new data center venture and acquired three carrier hotels in the US from 365. The companies this week announced the formation of HyscaleIX Data Centers, a joint venture focused on “acquiring and operating mission-critical carrier hotels” throughout North America.