data centers

A TikTok US power outage caused a ‘cascading systems failure’ leading to multiple bugs

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If your TikTok feed has felt a little off lately, it’s not just you. TikTok says is still working to fix its service in the US following a power outage at one of its data centers that’s caused “multiple bugs” in the app. TikTok users have reported problems logging in and uploading videos, as well … Read more

AI data center provider Lambda raises whopping $1.5B after multibillion-dollar Microsoft deal 

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AI data center provider Lambda announced Tuesday it raised $1.5 billion in a round led by TWG Global, a relatively new $40 billion investment firm formed by billionaires Thomas Tull, the former owner of Legendary Entertainment, and Guggenheim Partners founder and CEO Mark Walter. TWG holds a variety of the billionaires’ assets, including Walter’s stakes … Read more