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Nscale, a London-based AI data center company, has secured $2 billion in funding from investors including Nvidia, boosting its valuation to $14.6 billion. Adding to its momentum, former Meta COO Sheryl Sandberg will join Nscale's board as an adviser. Led by former coal miner Josh Payne, Nscale is rapidly expanding its infrastructure to meet the surging demand for AI computing power from clients like Microsoft and OpenAI.
Target Hospitality, a company known for operating an ICE detention facility, is rapidly expanding into the burgeoning market of "man camps" to house workers building massive AI data centers. The firm has secured over $132 million in contracts to construct and manage temporary villages, including one for a 1.6-gigawatt data center in Texas, signaling a significant pivot to capitalize on the AI infrastructure boom. This move highlights a new lucrative opportunity for companies with expertise in large-scale, remote housing solutions.
The Trump administration has repealed Biden-era Mercury and Air Toxics Standards (MATS), reverting power plant pollution controls to 2012 levels. This rollback coincides with soaring electricity demand from AI data centers, domestic manufacturing, and electric vehicles. Critics argue the move sacrifices health protections for industry savings, while aging coal plants are kept online to meet the growing energy needs.
OpenAI is making a major move into India, partnering with Tata for an initial 100MW AI data center capacity with a long-term goal of 1GW. The AI giant also plans to open new offices in Mumbai and Bengaluru later this year, signaling a deep commitment to India's tech landscape and talent pool. This expansion is set to significantly boost AI development and adoption in the region.
