AI is transforming industries, but the data centers powering it require more energy and water than ever.

At the break, join Christoph Beck, chairman and CEO of EcoLab, for insights on using water effectively

while safeguarding this critical resource for future generations.

Here's your morning TNB Tech Minute for Monday, January 26th. I'm Julie Chang for the Wall Street Journal.

NVIDIA is pouring an additional $2 billion into CoreWeave. The company said today that they

build new AI factories on NVIDIA's computing platform technology, operated by CoreWeave,

with a goal of 5 gigawatts of capacity by 2030.

Invidia already owned a 6.6% stake in CoreWeave, according to FACSET.

The chipmaker's new investment comes amid investor jitters about Corweave's model of buying

Nvidia chips using high-interest debt, then renting access to other AI companies. Concerns about

Corweave's financing model and a significant delay in one of its data center projects have caused

the stock to plunge since October. The Trump administration plans to take a stake in a rare earth

metal company as part of a proposed $1.6 billion funding deal. USA Rare Earth has a mining project in Texas

and plans to manufacture rare earth magnets needed for drones, wind turbines, and other technology

in Oklahoma. The deal is the administration's latest move to bolster the position of the U.S.

in critical industries. Several of those deals have involved the U.S. in critical industries. Several of those deals have

involved the U.S. government taking equity stakes in companies. And we exclusively report that

quantum computing company IonQ has struck a deal to buy chipmaker Skywater technology for roughly

$1.8 billion. The deal is the biggest one yet for IonQ, which has a

market value above $16 billion. IonQ aims to solve problems too difficult for traditional

computers across a range of industries, for example, assisting with drug discovery and national

defense. Skywater is a U.S.-based semiconductor foundry serving industries, including quantum computing, defense, and aerospace.

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