Artificial intelligence, professionally covered
AI demand is reshaping global data-center construction and energy markets. This hub tracks hyperscaler buildouts, multi-gigawatt power deals, grid constraints and the capital flowing into AI compute.
More than three dozen residents asked for two years. What happened in the room is the story — a county government losing control of its own draft in a single evening.
1h ago
Two days after the pre-announcement reporting put Nvidia's equity at $3bn, the actual announcement halved it — and attached a credit facility 70 times larger that only converts to cash if the tenant stops paying.
7h ago
A 47% rise in five years explains why the AI story has become a financing story. Korea's contractors are pivoting into it anyway.
2d ago
The equity cheque is the small number in the room. The same negotiation covers about $100bn of credit support — a guarantee already marked down once.
2d ago
Energy Transfer moved the in-service date for a 17-mile gas lateral from this Saturday to February 2027 — a six-month slip on the fuel supply for Project Jupiter.
2d ago
ERCOT is pulling 250 to 300 projects to the front of its interconnection queue to check whether the demand behind them is real.
2d ago
Police called the threat against Marshall's council members credible on Thursday. On Friday they declined to charge anyone. The job pays $300 a year.
2d ago
Best quarter in the company's history on adjusted numbers — revenue up 43%, AI revenue up 60% — with the reported line pointing the other way.
4d ago
Chey Tae-won put US fab construction at roughly double the Korean cost, and said SK hynix aims to grow output about fivefold in ten years.
4d ago
The M890 is rated for inference on models up to 10 trillion parameters and already serves Kimi K3 and Qwen3.8-Max. Alibaba has not said what silicon is inside.
5d ago
Orders up roughly 4.5x for the year, $4bn of it in the fourth quarter alone. Investors focused on what a hardware-heavy mix does to gross margin.
5d ago
Annualised run-rate hit $3bn at the end of June, up 598%. The company reaffirmed capex guidance roughly seven times its expected 2026 revenue.
5d ago
Executives put rental margins above 30% and said depreciation would be recovered "almost immediately". The capacity is going into Tencent's own models instead.
5d ago
TensorWave takes the first building at Project Matador with rights to expand past 650MW. The binding part is 222MW; the rest is an option.
6d ago
Riot leased 191MW at Rockdale to "one of the world's leading frontier AI labs" through 2048. Riot's release does not say which one.
6d ago
Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR will build compute-financing platforms targeting more than $500bn. They are memorandums of understanding.
6d ago
A 956 billion won order for reciprocating generators — the company's largest ever. Someone is buying a power plant rather than waiting in an interconnection queue.
Aug 10, 2026
Firmus closed a fully subscribed round with Nvidia, Coatue, Blackstone and Jane Street to build AI factories across Australia and Asia-Pacific.
Aug 9, 2026
A 7.65 GW gas plant in West Texas, cleared to emit 33 million tons of CO2 a year. The permit was issued in January; Amazon's name surfaced last week.
Aug 9, 2026
A $3.2bn gas plant in Texas, paid for almost entirely through capacity payments rather than electricity sold. Delivery is late 2029 and the customer is unnamed.
Aug 9, 2026
The component in question moves data between racks inside a data centre. The restriction is not finalised, names no Chinese company, and officials only hope to publish it this year.
Aug 6, 2026
Construction at Visakhapatnam is well under way, with the hillside terraced. So are the court cases: a High Court hearing is set for later this month over water and the neighbouring reserve.
Aug 6, 2026
The first earnings report since June's IPO shows a launch company whose financial centre of gravity is inference. Revenue beat, the loss narrowed, and the capital expenditure line took eight percent off the stock.
Aug 6, 2026
Valar Atomics raised the largest disclosed round of the window, six weeks after its reactor became the first to power an Nvidia accelerator directly. The company disclosed the money and the investors — and no valuation at all.
Aug 4, 2026
Governor Abbott's letter tells the state utility commission and ERCOT that no data-centre project moves forward until a comprehensive audit is done. ERCOT has paused its "batch zero" review. Nobody can say how much of the queue is real.
Aug 4, 2026
A 2.5-trillion-won facility in Haenam, led by Samsung SDS, with 40 megawatts approved. That is roughly a fiftieth of the gigawatt campuses the phrase "national AI centre" invites you to picture.
Aug 3, 2026
The demand crossed party lines on Saturday and reached the Senate President Pro Tem for the first time. The trigger was groundwater rather than electricity — and not a single number was attached to it.
Aug 2, 2026
Mississippi regulators and SpaceX signed an agreed order covering the unpermitted turbines running Colossus. They come out over the next year, and a permanent 1.2-gigawatt plant replaces them.
Aug 1, 2026
A filing shows the last tranche has cleared. The headline number is not new money, the stake figure does not come from the filing, and the $100 billion AWS figure is a ceiling.
Aug 1, 2026
Amazon says the AWS AI business and the chips business have each passed $25 billion annualised — a figure with no segment line to check it against.
Jul 31, 2026
