Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Technology › Big Tech’s Data Center Blitz Is Burning Through Cash and...
Technology

Big Tech’s Data Center Blitz Is Burning Through Cash and Scaring Wall Street

Big Tech’s Data Center Blitz Is Burning Through Cash and Scaring Wall Street
NYT Business Thursday 29 October 2026, 20:38 UTC By Karen Weise 1 min read
Key Points

Amazon is spending heavily on new data centers to operate with this one in Ashburn, Va.

Amazon is spending heavily on new data centers to operate with this one in Ashburn, Va.
Big Tech’s (ORG) Data Center Blitz Is Burning Through Cash and Scaring (ORG) Amazon (ORG) Ashburn (LOCATION) Va. (LOCATION)
Originally published by NYT Business Read original →

Related Stories

Google value plunges by $500bn as AI fears rattle Wall Street

Google spooked investors so badly that its stock hit a six-month low, after it revealed its AI search summaries were affecting ad revenue.

BBC Business 2m ago

Google value plunges by $500bn as AI fears rattle Wall Street

Google spooked investors so badly that its stock hit a six-month low, after it revealed its AI search summaries were affecting ad revenue.

BBC Technology 2m ago

Tradeweb CEO: This Is a Seminal Moment in the Market

Oct 29th, 2026 Tradeweb CEO: This Is a Seminal Moment in the Market Tradeweb shares were slightly lower after the company reported third-quarter results, with revenue in line with expectations and earnings beating them. CEO Billy Hult said on the earnings call that growth was broad-based, citing preliminary strong double-digit growth across rates, credit and equities. He speaks with Romaine Bostick & Kristine Aquino on "The Close."

Bloomberg Technology 10m ago

Binance Founder CZ Says Crypto Exchange ‘May Have Been Hacked’

Cybersecurity Binance Founder CZ Says Crypto Exchange ‘May Have Been Hacked’ Changpeng Zhao, the co-founder of Binance, said that the world’s largest crypto exchange may have been hacked but that user funds were safe. “We are aware of reports of a potential security issue and we are actively investigating,” said a Binance spokesperson. “At this stage, we have not confirmed any impact to user funds.

Bloomberg Technology 14m ago