| To: Elroy Jetson who wrote (12697) | 5/8/2024 9:47:12 AM | | From: elmatador | | | | See what investors are up against: "...it can take up to two-and-a-half years in Dallas to obtain permits for the power necessary to run a new data center.
In Atlanta that's up to six years.
And in Silicon Valley, it can take up to seven years.
But it's even worse in Europe, the TD Cowen analysts warned. Lead times are now up to eight years in top markets like Frankfurt, London, Amsterdam, Paris and Dublin."
Data centers to run out of power in two years says DigitalBridge CEO
'We're kind of running out of power in the next 18 to 24 months,' warned Marc Ganzi of DigitalBridge. How data center operators might address this power shortage remains unclear
lightreading.com
Requires 323 TW? Can it deliver
It is time for the major players in A.I. to start evaluating other geographies. And that is what I am doing as we speak.
More renewables in the matrix. Faster for permits to transmit electricity.
Most important, can quickly harness resources and manpower from Europe, China, India, and Africa to implement projects.
High-capacity submarine cables connect the data centers to Europe and the GCC countries. |
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| From: elmatador | 5/8/2024 12:22:33 PM | | | | | | Huawei launches an AI-enabled laptop. Draws fire from Republican lawmakers
US cancels export licenses of suppliers to China’s Huawei
Move comes after launch of AI-enabled laptop drew fire from Republican lawmakers.
Huawei has been on a US trade restriction list since 2019 [Wolfgang Rattay/Reuters]
Published On 8 May 2024
8 May 2024
The United States has revoked some licenses that allow companies to ship goods, such as chips, to sanctioned Chinese telecommunications equipment maker Huawei Technologies.
Some companies were notified on Tuesday that their licenses were revoked effective immediately, according to one person familiar with the matter.
The move comes after the release last month of Huawei’s first AI-enabled laptop, the MateBook X Pro powered by Intel’s new Core Ultra 9 processor.
The laptop launch drew fire from Republican lawmakers, who said it suggested that the US Department of Commerce had given the green light to Intel to sell the chip to Huawei.
“We have revoked certain licenses for exports to Huawei,” the Commerce Department said in a statement, declining to specify which ones it had withdrawn.
The move, first reported by Reuters, comes after concerted pressure by Republican China hawks in Congress who have been urging the Biden administration to take tougher action to thwart Huawei.
“This action will bolster US national security, protect American ingenuity, and diminish Communist China’s ability to advance its technology,” Republican Congresswoman Elise Stefanik said in a statement.
Depending on which licenses were revoked, the move could also hurt Huawei which still relies on Intel chips to power its laptops, and could hurt US suppliers that do business with the company |
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| To: Elroy Jetson who wrote (12697) | 5/10/2024 6:30:50 AM | | From: elmatador | | | | First of its kind in Africa: San Francisco signs partnership agreement with Oracle to launch research and innovation center in Morocco that creates more than 1,000 jobs
On Thursday, May 9, 2024, in San Francisco, USA, it signed a partnership agreement with Oracle Group, a global leader in information technology, to launch a research and innovation center that will create 1,000 jobs of high added value to Moroccan engineers and researchers, which will contribute to the development of cloud solutions and artificial intelligence technology for Oracle customers around the world.
This partnership agreement, signed with the CEO of the Oracle Group, Mrs. Safra Katz, in the presence of the Minister Delegate in charge of Investment, Convergence and Public Policy Evaluation, Mr. Mohsen Jazouli, and the Director General of the Moroccan Agency for Investment and Export Development (AMDIE), Mr. Ali Siddiqi, comes in line with the high royal vision of His Majesty King Mohammed VI, may God protect him, who called on His Majesty to encourage Moroccan youth in the field of innovation and strengthen our country's position as a destination for productive investment.
I signed, on 9 May 2024, in San Francisco-USA, a partnership agreement with Oracle to launch an R&D center in Morocco, first of its kind in Africa.
This agreement is meant to employ more than 1000 skilled IT Moroccans who will develop cloud computing and AI solutions, among others, to accelerate the development of Oracle's cutting-edge technologies that help solve customer challenges worldwide.
This partnership agreement, signed with Oracle CEO, Ms. Safra Catz, along with Minister Delegate to the Head of Government in charge of Investment, Convergence and Evaluation of Public Policies, Mr. Mohcine Jazouli, and the General Director of the Moroccan Agency for Investment and Export Development (AMDIE), Mr. Ali Seddiki, falls within the enlightened vision of His Majesty King Mohammed VI, may God assist Him, who called on encouraging our Moroccan youth to be innovative and to strengthen our country's position as a hub for productive investment. |
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| To: Elroy Jetson who wrote (12697) | 5/10/2024 6:32:39 AM | | From: elmatador | | | | US AI startup plans massive 386MW data center in Morocco
According to Iozera, its strategic partnership with the Moroccan government is “designed to democratize access to advanced AI computing resources, enhancing the availability of GPU-based processing for researchers, startups, and businesses in the US, Morocco, and globally.”
It says construction on the project will get underway in Q4 2024, and hopes it will be operational by Q2 2026.
datacenterdynamics.com
Soon you will hear the sound of the floodgates opening... |
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| From: elmatador | 5/10/2024 10:05:51 AM | | | | | | Can Africa compete with the US as location of choice for data centers? It is competing with US federal and state governments!
‘It’s a Money Loser’: Tax Breaks for Data Centers Are Under Fire
Lawmakers in US states that gave up hundreds of millions in revenue are having doubts about whether the incentives pay off.
By Saijel Kishan
May 9, 2024 at 12:00 PM GMT+3
Updated on
May 10, 2024 at 5:09 AM GMT+3
For years, US states have dangled tax breaks to help lure data centers, eager for the investment and jobs—and also the cachet of reeling in big-name tech companies, such as Apple, Facebook and Google. Now, in the midst of an artificial-intelligence-fueled building boom, those incentives are coming under greater scrutiny from politicians of both parties.
At issue is that these nerve centers of the digital age typically employ just a few dozen workers. To run one, all that’s needed is a skeleton crew that includes technicians, security personnel and building-control specialists, whereas a factory of similar size would have hundreds if not thousands of workers.
bloomberg.com
In the state of Georgia, bill that would pause tax breaks for data centers in has been vetoed by the state governor. The bill would have also created a Special Commission on Data Center Energy Planning.
The commission would review the existing grid and energy supply, and make recommendations around expanding grid capacity and transmission infrastructure and siting data centers.
Atlanta is a major data center hub; companies including Microsoft, CoreSite, QTS, DataBank, Flexential Switch, DC Blox, Edged Energy, Stack, T5, Vantage, EdgeConneX, and others have campuses in operation or development in and around the area.
Guess who is paying to elect the Georgia governor?
His opponents see his wealth as a weakness. Abrams is running an ad campaign calling him "Kickback Kemp," accusing him of enriching himself while in office and of passing an income tax cut, which proportionately benefits the state’s highest earners. |
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| From: Elroy Jetson | 5/10/2024 11:43:35 AM | | | | | | Britain would love to continue blaming the EU for their self-inflicted problems, but they'll have to do something different.
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British nurse, Audrey Barnwell age 50, ditched her NHS job at Thornton Health Surrey and moved to Canada where she earns 50 per cent more and cares for a fraction of the patients.
Canada now pays Audrey to return to the UK to highlight the benefits that can be had from moving to North America, for either short working holidays, or as a long-term career move.
.
Where's that £350 million per week savings Boris Johnson claimed they'd be able to spend on Britain's NHS? It never existed, only greatly increased costs. Now the Tories think their way forward is to bring Boris Johnson back.
Stupid people always pay a very heavy price for their decisions. |
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| To: Elroy Jetson who wrote (12704) | 5/10/2024 12:35:22 PM | | From: elmatador | | | | Andreessen Horowitz partner says Google is an ‘amazing example’ of employing people in ‘BS jobs’:
‘Half the white-collar staff probably does no real work’
Eleanor Pringle
Tue, May 7, 2024, 2:24 PM GMT+34 min read
Google might be among corporate America's favorite success stories, but some people aren't convinced Big Tech is operating as efficiently as it could be. Indeed, according to one Silicon Valley insider, half the white-collar workers at the tech behemoth aren't even doing "real work."
The idea that Big Tech overhires talent to have them on hand for future projects—and ensure they stay out of the hands of rivals— isn't a new one.
Last year individuals told Fortune they had been "talent penned": hired by technology companies on six-figure salaries "to do nothing" except complete a 10-minute task every now and again. The sources Fortune spoke to said some hires use their weekdays to learn how to scuba dive, while managers told off the candidates for asking too many questions.
And it seems some companies are also retaining their bloated headcount with people who don't actually help drive the company forward. In fact in some cases, their presence actually holds back innovation.
That's according to David Ulevitch, general partner at venture capital firm Andreessen Horowitz, who said a "bunch of people" in large corporations are working "BS jobs."
ELMAT: Capital hogging creates this
Google is an "amazing example" of such a company, he told Emily Sundberg's “ Feed Me” Substack newsletter.
"Anyone who works in a 10,000+ person or larger white-collar job company knows that a bunch of the people can probably be let go tomorrow and the company wouldn’t really feel the difference, maybe it’d even improve with less people inserting themselves into things," began the partner at the VC giant also known as a16z, which has backed the likes of Airbnb, Facebook, Instagram, and Roblox.
Another issue with "BS jobs" is that it detracts from shareholder returns, he explained: "Those people aren't just being useless (and being coddled to think useless jobs actually matter—they don’t), but they are also taking money away from the rest of the workforce's retirement programs.
"Google is an amazing example of this. I don’t think it’s crazy to believe that half the white-collar staff at Google probably does no real work," he continued. "The company has spent billions and billions of dollars per year on projects that go nowhere for over a decade, and all that money could have been returned to shareholders who have retirement accounts. So real people actually lose out when BS jobs exist."
Google did not immediately respond to Fortune’s request for comment. |
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| To: elmatador who wrote (12705) | 5/10/2024 12:45:01 PM | | From: Elroy Jetson | | | | Capital hogging, and now people hogging as well !
Even worse, they're profit hogging.
It looks like Donald Trump's signature income tax cut for corporations from 35% down to 21% is working out well. |
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| To: Elroy Jetson who wrote (12706) | 5/11/2024 1:39:34 AM | | From: elmatador | | | | What caused the huge concentration of data centers into a few geographies? Subsidies.
In the USA, which is home to the world’s biggest number of data centres, Linesight says that the pipeline for new data centre projects currently stands at US$160 billion, with approximately a fifth of that pipeline located in the state of Virginia.
EU to spend €1.2bn funding European cloud and Edge efforts
Hopes to break the US hyperscaler cloud monopoly
The European Commission will provide €1.2 billion ($1.29bn) in state funding for cloud computing and Edge development.
The IPCEI Next Generation Cloud Infrastructure and Services (IPCEI CIS) was jointly notified by seven Member States: France, Germany, Hungary, Italy, the Netherlands, Poland, and Spain.
Member states will provide the funds, which is expected to lead to an additional €1.4bn ($1.5bn) in private investments.
Where are most data centres being built?
“The US data centre market in particular is booming as operators rush to accommodate the rise of AI, with total capacity, rack density and energy consumption all set to increase substantially,” says Patrick Ryan’s executive vice president for the Americas.
In Europe, too, Linesight says that, despite a subdued macroeconomic outlook, which is likely to lead to a contraction in overall construction outlook in 2024, demand for data centres, as well as hi-tech industrial buildings, manufacturing and infrastructure is expected to remain high with London the city with the most projects under execution, followed by Germany, France and Ireland.
Powered by subsidies, they will consume the last MW available. I have been warning, that the geography of the data centres has to change.
https://www.linkedin.com/pulse/datacenter-geography-major-change-osvaldo-coelho/?trackingId=KLU14NLWS%2B26ABBEQEql1A%3D%3D |
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