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The Data Center Rundown

Jun 3, 2026

 
Massive AI infrastructure financing

Alphabet's substantial fundraising of $80 billion, underscored by a $10 billion investment from Berkshire Hathaway, highlights significant investor confidence in AI infrastructure and the escalating capital requirements for scaling compute capacity.

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 massive hyperscaler build-outs and independent platforms backed by contracts, fundamentally altering how capacity is funded and owned.

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 plans to invest $85 billion in AI infrastructure in France, a move that positions power availability as a critical competitive factor, with EDF repurposing former power plant sites for data center development.

Read at Data Center Knowledge→

More coverage at Data Center Dynamics →

 
AI impact on utility grids

The proposed merger between NextEra and Dominion Energy highlights how the escalating demand for AI infrastructure is reshaping utility economics, large-scale energy contracting, and the risk allocation among hyperscalers, utilities, regulators, and consumers.

Read at Data Center Frontier  →

The Department of Energy has launched Agora, a new simulation platform designed to analyze the unpredictable power demands of AI data centers, assisting utilities and regulators in maintaining grid stability.

Read at Data Center Knowledge→

While utility companies suggest that the growth of hyperscale data centers could lead to lower electricity bills by spreading grid costs, regulators are implementing safeguards to ensure these benefits materialize.

Read at Data Center Knowledge→

 

TeraWulf's Lake Mariner campus is repurposing former coal plant infrastructure for ambitious AI deployments, demonstrating a shift towards using industrial power systems for AI workloads, as observed during a tour at Schneider Electric's global 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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