TNB Tech Minute: Nvidia Partner Can’t Build Data Centers Fast Enough for New Chips
02:23 Share

The Capital Ideas Podcast now has a new monthly edition hosted by Capital Group CEO Mike Gitlin. Investment professionals reveal their best mentors, how they find their next great idea, and a few funny stories. Subscribe wherever you get your podcasts. American Funds Distributors, Inc. Here's your T&B Tech Minute for Friday, December 6th. I'm Danny Lewis for The Wall Street Journal.

In June, NVIDIA made a deal to deploy its latest generation artificial intelligence chips in data centers owned by Qatari telecom group Oridu. Now, Oridu's CEO says it's on the hunt to acquire new data centers because it can't build new ones fast enough to meet the demand for AI processing power.

The deal gives NVIDIA access to markets stretching from North Africa to South Asia, but the region currently has limited data centers designed for the high electricity usage and advanced cooling systems the latest AI chips require. A federal appeals court ruled today that TikTok can be banned over national security concerns.

The ruling upheld a federal law requiring the social media app to shed its Chinese ownership to continue operating in the U.S. A TikTok spokesman said the ban is based on flawed and inaccurate information. The company is expected to appeal to the Supreme Court. TikTok owner ByteDance has said it can't and won't sell its U.S. operations. The Chinese government has opposed a forced sale.

And the International Brotherhood of Teamsters says it is giving Amazon a deadline to agree to bargaining dates to negotiate union contracts for its delivery drivers and warehouse workers. The labor union accused Amazon of breaking the law and said the online retail giant has until December 15th to commit to come to the table and bargain with its workers. Amazon wasn't immediately available for comment. For a deeper dive into what's happening in tech, check out Monday's Tech News Briefing podcast.