Entrepreneur News Network

THE REAL COST OF BUILDING AN AI DATA CENTER

Data Center

In 2020, building a data center cost roughly $7.7 million per megawatt of capacity. By 2026, that global benchmark has climbed to $11.3 million per megawatt — a 47% increase in six years, driven mostly by construction labor, electrical equipment, and land scarcity near power-rich sites. That was already a steep curve. Then artificial intelligence … Read more

PointFive Raises $60 Million Series B to Help Enterprises Control Rising AI and Cloud Costs

PointFive founders

PointFive, a fast-growing technology startup focused on AI and cloud cost management, has secured US$60 million in Series B funding in a round led by Accel. The investment comes as enterprises worldwide face rapidly increasing costs associated with artificial intelligence infrastructure, cloud computing, and large-scale digital operations. The funding round also attracted participation from Salesforce … Read more