Elon Musk’s SpaceX secures 100% property tax exemption for planned $55 billion Terafab semiconductor factory in Texas — county approves 35-year deal worth hundreds of millions despite resident backlash

SpaceX has secured a 35-year, 100% property tax abatement for its proposed $55 billion TeraFAB semiconductor facility in Texas. Elon Musk argues the exemption is essential to compete with global chipmakers, while residents…

Microsoft CEO says new AI data centers use as little water annually as a restaurant — closed-loop cooling system aims to slash consumption from millions of gallons as AI infrastructure faces mounting environmental scrutiny

Microsoft CEO claims the company’s new AI data centers use only as much water as a single restaurant annually, thanks to a closed-loop cooling system designed to dramatically reduce consumption.

Bernie Sanders pushes for 50% public ownership of American AI companies — proposes AI sovereign wealth fund that would hold direct ownership stakes in largest AI firms

The U.S. Senator is arguing that since AI companies use public data to generate a lot of revenue, the public should benefit from it as well. He also said that the people should have a say in the direction of AI by giving t…

Amazon unveils ‘Resilient Network Graphs’ data center network that cuts hardware by 69% and boosts throughput by 33% — now the default for most AWS workloads

AWS has revealed RNG, a new random-graph-based data center network that delivers 33% higher throughput, cuts network power consumption by 40%, uses 69% fewer devices, and is already the default architecture for most AWS wo…

Meta data center allegedly muddies Georgia town’s drinking water, investigation underway — EPA promises immediate investigation after congresswoman brings dirty jars of water to hearing

Morgan County residents are complaining about dirty water coming out of their faucets ever since Meta began constructing a data center near the area.

Samsung reportedly set to distribute up to $26.6 billion to staff in AI-driven semiconductor bonuses after last-minute union deal — average payouts could approach $400,000 per chip employee

Samsung Electronics is reportedly preparing to distribute up to 40 trillion won ($26.6 billion) in semiconductor employee bonuses after reaching a last-minute labor agreement. The proposed deal ties payouts to AI-driven ch…

Samsung narrowly avoids 18-day chip strike after last-minute wage deal with 48,000-worker union — tentative deal, subject to workers’ vote, suspends billions of dollars worth of potential losses

Samsung Electronics has temporarily avoided a major 18-day strike at its South Korean semiconductor operations after reaching a tentative wage agreement with its 48,000-member union.

Samsung and SK Hynix employees are reportedly abandoning overseas training programs to nab up to $400,000 performance bonuses — online dating grades rise as female members ‘seeking out SK hynix employees’

Samsung and SK Hynix employees are reportedly considering terminating overseas training programs to be eligible for performance bonuses as AI-driven semiconductor profits fuel record bonus projections worth hundreds of mil…

US FTC reportedly launches antitrust probe into Arm following its launch of its own AGI CPU — regulators investigate if chip designer is restricting architecture access to rivals

The U.S. FTC is looking into Arm Holdings to see if it’s abusing its market position as a dominant chip designer to gives its new chip manufacturing business an advantage over competitors who build semiconductors based on …