Apollo AI is helping data center giant cut power costs

10-year deal to power FRA03 facility

Company gets permission to connect to the grid

Fourth securitization since 2021

Site will eventually house small modular nuclear reactors

The IBM and NTT project could save operators money on their energy bills

The tech giant is purchasing 700MW of renewable energy across Europe

It will purchase more than half the energy generated at the new facility

The company says it generates enough electricity to power 6,000 houses

AI and cryptocurrency workloads are driving up demand

The provider is working with academics to develop machine learning algorithms that could boost efficiency and cut costs

The tech giant is making progress towards net zero, but could it do more?

Growing demand for AI servers will see energy requirements rocket