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Today’s Storystream

Core Capital Investments has launched Cartagon.ai, a €30M AI cloud platform offering scalable Nvidia-powered infrastructure across Europe. Designed for efficiency and sustainability, the Spain-based platform eliminates water consumption and aligns with UN environmental goals. Cartagon.ai aims to lower AI adoption barriers, providing businesses with high-performance computing without heavy hardware investments. The move strengthens Core Capital’s foothold in the AI-driven cloud market.

Oracle is injecting $5 billion into the UK’s cloud infrastructure over the next five years, reinforcing its role in AI-driven innovation. The investment will expand Oracle Cloud Infrastructure’s footprint, supporting businesses and government AI initiatives. With two existing cloud regions in London and Wales, Oracle aims to enhance productivity, security, and growth, aligning with the UK’s vision for AI leadership.

Chevron is making a bold move into the data center industry, planning multiple U.S. sites powered by natural gas. Targeting regions with surging demand, the company aims to deploy 1GW facilities by 2027-2028, bypassing traditional grids. With customer interest high, Chevron is leveraging its energy expertise to meet the rapid growth of AI and cloud computing infrastructure.

AI data center investments show no signs of slowing, with CoreWeave partnering with Bulk Infrastructure for a massive Nvidia-powered deployment in Norway. Meanwhile, SoftBank is transforming a former Sharp factory in Japan into an AI-focused facility, and xAI has doubled its Memphis GPU cluster. Despite growing skepticism about AI’s long-term profitability, infrastructure spending continues to outpace enterprise AI adoption.

Google has chosen Stillwater, Oklahoma, for a massive AI data center campus, marking a significant investment in the state’s tech infrastructure. The 400-acre site could see up to $3 billion in development, boosting local employment and economic growth. Under a tax incentive plan, Google will contribute nearly $900,000 to Stillwater’s schools and public services. This move cements Oklahoma’s rising status in the data center industry.

Oracle is in talks with Indonesia to establish a cloud services center in Batam, aiming to expand its presence in Southeast Asia. Nongsa Digital Park is a key contender due to its strategic location and robust infrastructure. With cloud giants racing to support AI growth, Oracle’s move aligns with its $6.5 billion expansion in Malaysia, reinforcing its foothold in the region’s digital economy.

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