Virginia data center boom pushes Dominion deeper into costly power market

Virginia data center boom pushes Dominion deeper into costly power market  Reuters

Saudi Arabia’s data center capacity is forecast to reach 1 gigawatt by 2030, making it the fastest-growing Gulf market.

For those seeking a pick-and-shovel approach to the AI wave, here’s a guide to utilities, grid hardware, cooling firms, and refinery stocks.

Nvidia has joined forces with six prominent financial institutions to enhance AI infrastructure funding. The collaboration will see these firms create platforms aimed at financing companies that purchase Nvidia hardware. The goal is to harness over $500 billion in external capital, positioning AI chips as a fresh asset

A London technology expert believes clear guidelines are needed to reap the benefits of data centres and mitigate the negatives.

Data center developers can use nondisclosure agreements and shell companies to shield the details of their deals from the public. Even state officials also say they need more transparency from the industry.

August 09, 2026 4:37 PM ET Some Virginia anti-data center activists and candidates are seemingly linked to a Marxist-Leninist party tied to the Chinese Communist Party, according to public records, social media and news reports.Local Virginia political figures have appeared in connection with the Party for Socialism an