CoreWeave, which rents out access to Nvidia AI chips, has been on a tear since it went public at the end of March.

Asset management firm Blackstone will announce on Tuesday a $25 billion investment in data centers and energy infrastructure in Pennsylvania, Chief Operating Officer Jon Gray said at a panel at the Energy and Innovation Summit in Pittsburgh.

As the Pennsylvania Energy and Innovation Summit kicks off, Google is making a $25 billion data-center commitment to the broader region.

Amogy's technology generates power from ammonia without pollution, making it a prime candidate for decarbonizing maritime shipping.

Data center operators in China, which use Nvidia’s H20 chips to crunch data for various AI services, have been struggling to find a local alternative that is as good as the U.S. company’s chips.

As private companies like SpaceX and Blue Origin develop reusable rockets and push aspirations for lunar and Martian colonization, real estate investors are dialing in. Some liken it to the early days of the railroads, when entire towns grew up around new lines. One of the biggest plays is lunar and deep space data centers.

Data centers require a tremendous amount of power, and developers need access to it faster than ever. This company is bringing the breakers they need to market.

(Reuters) -Blackstone plans to invest $25 billion in developing data centers and power plants in Pennsylvania, President and Chief Operating Officer Jon Gray said at a panel at the Energy and Innovation Summit in Pittsburgh on Tuesday.

CNBC's Diana Olick reports on news regarding real estate and power generation in outer space.