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Cloud AI Update - Atlas Compute Powers AI Growth With New Florida Data Center
Reviewed by Simply Wall St
Atlas Compute has announced the development of a 240-megawatt AI-ready data center campus in Central Florida, with plans to expand up to 1 gigawatt of high-performance computing capacity. This initiative aims to bolster AI, cloud, and machine learning applications by utilizing state-of-the-art liquid-cooled facilities optimized for NVIDIA GPU-powered workloads. Designed in partnership with Penguin Solutions, the campus will feature advanced thermal management and compute-optimized environments, aligning with sustainability goals by integrating closed-loop, water-free cooling systems. The project underscores a commitment to supporting global AI innovation demand while promoting environmental stewardship, regional economic growth, and adherence to high ethical standards.
In other trading, Datadog (NasdaqGS:DDOG) was trading firmly up 23.1% and ending the day at $190.82, near its 52-week high. On Thursday, Datadog reported a significant rise in quarterly sales to $885.65 million but experienced a decrease in net income to $33.89 million. At the same time, NTT DATA Group (OTCPK:NTDT.Y) softened, down 15.9% to close at $22.50. Two days ago, NTT DATA and ServiceNow announced an expanded partnership to accelerate AI transformation for enterprises.
Best Cloud AI Stocks
- Alphabet (NasdaqGS:GOOGL) closed at $284.75 up 0.2%, hovering around its 52-week high. On Tuesday, Google and Epic Games reached a settlement over Play Store disputes, pending judicial approval.
- Apple (NasdaqGS:AAPL) finished trading at $269.77 down 0.1%, near its 52-week high.
- Microsoft (NasdaqGS:MSFT) ended the day at $497.10 down 2%. Five days ago, the company announced a partnership with Anyscale to launch an AI-native compute service on Azure for advanced AI workloads.
Make It Happen
- Explore the 155 names, such as LTIMindtree, Accenture and Temenos, from our Cloud AI Stocks screener here.
- Looking For Alternative Opportunities? Rare earth metals are the new gold rush. Find out which 36 stocks are leading the charge.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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About NasdaqGS:GOOGL
Alphabet
Offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.
Outstanding track record with excellent balance sheet.
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