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The Data Center Rundown

Jun 3, 2026

 
Massive AI infrastructure financing

Alphabet's substantial fundraising efforts, including a significant investment from Berkshire Hathaway, underscore strong investor confidence in the AI infrastructure sector as the company seeks capital to scale compute capacity and meet escalating demand.

Read at Data Center Knowledge→

 

Should Alphabet's massive AI funding signal a new era of escalating capital demands for AI development?

Anthropic has secured a substantial $65 billion in funding, propelling its valuation to $965 billion and surpassing OpenAI, with significant investments from Micron, Samsung, and SK Hynix.

Read at Data Center Dynamics→

Core42 has secured $550 million in financing from HSBC to support its artificial intelligence build-out initiatives across Europe and the United States.

Read at Data Center Dynamics→

The AI infrastructure financing landscape is bifurcating into large-scale hyperscaler mega-builds and smaller, contract-backed independent platforms, fundamentally altering how capacity is funded and ownership structures are established.

Read at Global Data Center Hub→

Edged has secured approximately $2 billion in financing, including $1.3 billion in Senior Secured Notes and a construction loan, to support its data center expansion across the United States.

Read at Data Center Dynamics→

 

Google's parent company, Alphabet, is reportedly seeking $80 billion to fund its artificial intelligence expansion and has sold $10 billion in stock to Berkshire Hathaway.

Read at Data Center Dynamics→

 

SoftBank's significant investment in France aims to build 5 gigawatts of artificial intelligence infrastructure, leveraging EDF's conversion of former power plant sites into data center campuses where electricity availability is a key competitive advantage.

Read at Data Center Knowledge→

More coverage at Data Center Dynamics →

 
AI impact on utility grids

The proposed merger between NextEra and Dominion Energy reflects how the demand for artificial intelligence infrastructure is reshaping utility economics, large-load contracting, and the risk distribution among hyperscalers, utilities, regulators, and ratepayers.

Read at Data Center Frontier  →

The Department of Energy has launched Agora, a new simulation platform designed to analyze the unpredictable power demands of artificial intelligence campuses, aiding utilities and regulators in ensuring overall grid stability.

Read at Data Center Knowledge→

While utilities argue that hyperscale data centers can reduce electricity costs for all customers by spreading grid expenses, regulators are implementing safeguards to ensure this benefit materializes.

Read at Data Center Knowledge→

 

TeraWulf's Lake Mariner campus is repurposing a retired coal plant into an AI factory prototype, demonstrating an ambitious AI deployment that leverages old industrial power infrastructure, as observed during a Schneider Electric press event.

Read at Data Center Frontier  →

 
Chatter
The view from Reddit
“Am I overreacting? MSP using shared global admin, no pim, admin account = standard account”

A new employee expresses shock and concern upon discovering that their outsourced MSP uses a shared global admin account without Privileged Identity Management (PIM), and that their own global admin access is assigned to their standard user account, particularly alarming given the finance industry context.

Read at r/sysadmin→

 

Should MSPs using shared global admin accounts without PIM be trusted with sensitive data?

“Do companies actually want IT managers?”

An IT Manager questions whether companies genuinely value their role or merely seek to fill a position, recounting experiences where highlighting critical issues like flat networks and insecure data backups led to internal complaints rather than professional respect.

Read at r/sysadmin→

“Insane response from Microsoft support”

After a month of troubleshooting, Microsoft support informed a sysadmin that intermittent failures in replying to emails from M365 Group mailboxes are 'by design,' a claim the user finds absurd given the random nature of the issue and the lack of a clear roadmap item for improvements.

Read at r/sysadmin→

 

Should Microsoft support acknowledge 'by design' email failures impacting users?

 

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