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The scary secret behind the boom in data centers
  + stars: | 2024-06-04 | by ( Adam Rogers | ) www.businessinsider.com   time to read: +10 min
Last year all the data centers in the world had room for 10.1 zettabytes of information — roughly 456 billion Wikipedias. And with the rise of artificial intelligence, which requires vast quantities of data and power, the global capacity of data centers is expected to double by 2027. Data centers are more than just vast digital warehouses. The more data centers those companies have, the more of those services they can offer, and the more storage and number-crunching capacity they can provide. Over time, economists warn, AI startups will inevitably lose out to the tech giants that control the data centers.
Persons: they're, Cecilia Rikap, Matthew Wansley, Jonas Jacobi, Jacobi, It's, Rikap, Bengt, Åke, There's, Lina Khan, Today's, Adam Rogers Organizations: Google, Microsoft, Amazon Web Services, Big Tech, Corporate, Regulators, Yeshiva University, Amazon, Venture, Aalborg University, Tech, Google Cloud, Federal Trade Commission, Business Locations: OpenAI, Hotel California, Denmark, Europe, lockstep
Thomson Reuters Buys Majority Stake in Pagero
  + stars: | 2024-01-15 | by ( P.R. Venkat | ) www.wsj.com   time to read: 1 min
The Thomson Reuters logo is pictured on a building in the Manhattan borough of New York City. Photo: carlo allegri/ReutersThomson Reuters said it has bought a majority stake in the Pagero Group , taking it closer toward full control of the latter. Apart from the key shareholders, including Summa Equity, Pagero’s chief executive Bengt Nilsson, several members of the management team and employees, have sold their stock to the company, Thomson Reuters said Monday.
Persons: carlo allegri, Reuters Thomson, Bengt Nilsson, Thomson Organizations: Thomson Reuters, Reuters, Reuters Thomson Reuters, Pagero, Summa Equity Locations: Manhattan, New York City
Doha, Qatar CNN —The World Cup is well underway in Qatar, but issues surrounding LGBTQ+ rights for the Gulf state, world soccer governing body FIFA, teams and fans just won’t go away. Once outside Stadium 974, Kunkel put the rainbow-colored armband and wristband back on and walked through security. Kunkel then told CNN he was stopped four more times before being allowed to take his seat inside the stadium wearing the rainbow-colored items. Bengt Kunkel wearing the rainbow-colored armband inside Stadium 974 on Saturday, November 26. “It’s so annoying they do this,” Kunkel told CNN.
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