tech

4/10/25

Goldman Sachs: Data center demand is peaking in 2025

2025 will be the year of peak data center demand, according to a new report from Goldman Sachs analysts.

While occupancy rates are high, Goldman’s prior estimate of data center demand peaking in 2026 has been moved up.

The past few weeks have seen major signs of cooling demand, with Microsoft canceling several data center projects in the US.

Big tech companies like Meta and Amazon are still moving ahead with plans to spend about $315 billion on data centers and AI infrastructure this year.

Another note from Wedbush this week estimated that 10% to 15% of major AI data center projects could be paused or canceled due to the current chaos in global trade.

The analysts wrote:

“On the demand side, we have updated our datacenter demand growth forecasts by category on the back of our global technology team’s recent cuts to AI training server volume estimates. These estimate changes and adjustments to their view are tied to a more gradual pace of AI training demand, as well as the adoption of AI inference and the datacenter workload demand accompanying it.”

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Tesla’s EV market share declined to 38% in August

In August, Tesla’s share of the US EV market fell to 38%, according to new data from Cox Automotive reported by Reuters. Tesla’s market share fell below 50% for the first time last year, as competitors’ EVs began hitting the market. Now, as Tesla’s own sales slip more drastically than they had last year, it’s giving up even more ground. Tesla’s market share fell from 48.7% in June to 42% in July to 38% in August, according to Reuters. That slide has come even as buyers rushing to take advantage of the federal tax credit that ends this month provide a near-term boon for sales at Tesla and other EV makers.

4h

OpenAI now expects to burn around $115 billion through 2029 — a full $80 billion higher than the company had previously estimated, The Information reports.

Just how much is that? It’s roughly equivalent to:

Fortunately for OpenAI, which is raising money at a $500 billion valuation, its revenue is also growing faster than expected. The ChatGPT maker now expects to make $13 billion in revenue this year and $200 billion in 2030.

An annotated photo of who attended the tech dinner at the White House.

An interactive who's-who of the tech execs at Trump's White House dinner

The White House invited a gaggle of top founders and tech executives for an intimate dinner at the White House.

Jon Keegan9/5/25

Apple of my Eye

Apple’s latest phone is betting on looks, while Google looks inward

Apple gets a hardware upgrade. Google gets a software overhaul.

buried treasure

The world’s biggest illegal sports streaming platform just got shut down

Where piracy is concerned, authorities are playing an almost never-ending game of “whack-a-mole.”

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