Data Centers

Experts at the Calcalist and Discount Energy Conference identified the state of the power grid as the primary obstacle to Israel's infrastructure development. They are calling for a national project to modernize the grid.

Doral Energy CEO Yoni Hantzis expressed skepticism about reaching the 30% renewable energy target by 2030. He emphasized the importance of building "energy islands" to provide reliable power for data centers.

Energy sector experts warn of market stability risks following the Electricity Authority's decision to pause new data center connections due to overwhelming demand.

While office workers fear for their future, Jensen Huang offers reassurance, explaining that the technological arms race will create hundreds of thousands of jobs for manual laborers who will build the infrastructure of tomorrow.

The prominent businessman is expanding his portfolio by joining as an anchor investor in a company developing small modular nuclear reactors in the US to power AI data centers, alongside other key figures from the Israeli economy.

Delek Group, controlled by Yitzhak Tshuva, joins the AI race: the company Mehadrin has submitted requests to build giant data centers in Netanya and Ashkelon with investments of billions of dollars, amid the exceptional load on the power grid.

US President Donald Trump has criticized groups opposing the construction of data centers for AI. Within the Republican Party, there is growing concern that voter resistance could impact the upcoming November midterm elections.

Hagag Europe is entering the server farm development sector. The land acquisition deal in Romania is valued at up to 67.5 million euros.

Nvidia's second-quarter report shows the company remains on an acceleration path. The most significant constraint on its growth is not customer demand, but supply chain limitations.

A document from the Noga company, recently published on the government website, reveals 100 requests to connect server farms across the country, involving real estate and retail giants. In the background: the surge in the use of artificial intelligence and cloud services, which creates unprecedented demand for electricity and puts the power grid to a dramatic test.

Doral summarized the second quarter of 2026 with accelerated growth in its US operations and an expanded project backlog. Consequently, the company has revised its 2027 revenue forecast upwards to 1.95 billion shekels.

A TrendAI study identified 6,300 control and automation systems connected to the internet near data centers in the USA. The more alarming finding: in facilities built since 2021, the exposure rate is more than twice as high compared to older data centers.

A slowdown in data center growth, the impact of a strong shekel, and Meta's departure from the Azrieli Sarona tower weighed on Azrieli Group's second-quarter results.

Mega Or has hired former Noga CEO Sami Turgeman as a consultant, while the Electricity Authority has halted the distribution of licenses for data centers and is re-examining the criteria. At the center of the uncertainty: the company's request for a 1-gigawatt connection at the Alliance complex in Hadera.

The Electricity Authority's move to halt new data center grid connections due to massive energy demand has sparked a public clash with the National Economic Council in the Prime Minister's Office.

As AI company valuations soar, concerns over environmental impact and lack of job creation have prompted US states to impose new taxes and construction bans on data centers.

Data centers for artificial intelligence have become a central issue in the US midterm election campaigns. About 70% of Americans oppose the construction of such facilities near their homes, citing concerns over rising electricity and water costs. The issue has sparked tension even within the Republican Party, forcing the Governor of Texas to impose new regulations.

High demand for data centers has given a strong boost to the manufacturing sector in the USA. Traditional industrial companies like Caterpillar and Ford are actively expanding their operations in this field.

Facing a surge in computing demand due to the AI revolution, tech giants are aggressively investing in nuclear energy. This shift aims to secure stable, high-density power for data centers that renewables cannot currently provide.

Following a surge in connection requests totaling about 27,000 megawatts—several times Israel's peak summer consumption—the Electricity Authority has halted approvals for new server farms. Experts warn that electricity availability has become a strategic bottleneck for AI development. Proposed solutions include transitioning to liquid cooling, infrastructure optimization, and deploying hardened...

Nvidia CEO Jensen Huang announced, alongside executives from six of the world's largest asset management firms, a massive financing mechanism for data centers. But behind the promises of AI infrastructure lies a complex credit structure that reaches pension funds — ours, here, in Israel | All the details

The general meeting approved the appointment of the former CEO of Microsoft Israel to the energy company's board of directors, against the backdrop of growing electricity demand for data centers and AI infrastructure.

Five of the world's largest technology companies – Microsoft, Meta, Oracle, Amazon, and Alphabet – have collectively committed to approximately $1.16 trillion in future lease payments. Most of the amount is intended for the construction of data centers for the development and services of artificial intelligence. These are facilities that have not yet opened, but the companies have already locked...

CoreWeave shares jumped 8% in after-hours trading Tuesday after the AI infrastructure provider reported revenue that beat Wall Street analyst forecasts. Quarterly revenue reached $2.58 billion, a 112% increase year-over-year, highlighting strong demand for generative AI hardware.

The company, managed by Dana Azrieli, has signed an agreement to provide data center services in London with a capacity of 13.6 megawatts.

Mark Zuckerberg has presented a new plan for the future of artificial intelligence. In a 6,500-word article, the CEO of Meta argued that the safest way to manage AI risks is to distribute the technology to as many people as possible, rather than leaving it under the control of corporations and governments.

The chip giant is leveraging the surge in its stock to raise capital and fund growth opportunities in the AI era. Shares are down in pre-market trading.

Mega Or's signed contracts for its data center assets are generating an annual net operating income (NOI) of 740 million shekels, marking an 89% increase over the company's total 2025 asset NOI.

The largest technology companies in the United States are expected to spend more than $700 billion by the end of 2026 on computing infrastructure and artificial intelligence, nearly double the amount spent the previous year. Leading firms, including Amazon, Microsoft, Google, Meta, and Oracle, are known as "hyperscalers."

Tech giants and AI companies are in a fierce race for skilled manual labor, such as electricians and carpenters. These professionals are essential for building the massive data center infrastructure that AI models cannot yet replace.

Revenue met expectations, but earnings of $6.18 per share fell well short of forecasts. Shares are down approximately 5% in after-hours trading.

Prime Energy has signed a binding framework agreement with Delek Israel to build energy storage facilities and data centers at 60 gas stations across the country. How much does the company plan to invest, what profits are expected, and is this just the beginning?

Mega Or has purchased a 15.6-dunam plot from Schnapp's subsidiary, Keslev, for 95 million shekels. The acquisition will expand the company's planned large-scale data center campus in Hadera.

The tech giant is in advanced talks to provide a massive financial guarantee for OpenAI, helping it build a major data center in the US and reduce its reliance on competing cloud providers.

Sebastian Rocci learned about data centers from YouTube, then flew to Silicon Valley to visit one. Now he promises the poor Imperial County in Southern California an economic renaissance: about 1,700 construction jobs, more than 100 permanent jobs in engineering and cybersecurity, and almost $30 million in annual tax revenue. Residents, however, are much less impressed.