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RSSMidterm History vs. Frontier Tech: What Could Tuesday's Vote Do to AI Stocks?
Voters pick Congress today. We pulled the game film on every big midterm flip, from the railroad era to the FAANG era, and lined up what AI voices say.
AI Stocks Down 16% From High: When Does It Become a Bubble Pop?
Our AI Economy Index is down 16.3% from its 6 October high, nearly twice the NASDAQ's 8.8% slide. What do correction, bear market and bubble pop mean?
Closed 2 Nov
The AI Economy Index finished down 2.6 percent.
Closed 30 Oct
The AI Economy Index finished down 5.3 percent.
Closed 29 Oct
The AI Economy Index finished down 1.5 percent.
Closed 28 Oct
The AI Economy Index finished up 1.5 percent.
Closed 27 Oct
The AI Economy Index finished up 2.8 percent.
SpaceX tells the SEC it plans a $40 billion GPU lease with an Apollo-managed lessor
SpaceX told the SEC it committed to lease GPU pods from an Apollo-managed entity, with about $40 billion of principal payments, starting in 2027.
Meta prices new stock it says supports AI infrastructure, and NVIDIA says it will put in $3 billion
Meta priced $25.0 billion of new common stock and $12.5 billion of preferred, plans $60 billion more, and NVIDIA says it will put in $3 billion.
Intel agrees to acquire quantum software maker Classiq
Intel signed a deal to acquire Classiq and add quantum chips to its lineup. Calcalist reports $2.3 billion. Closing is expected in the first half of 2027.
Four firms confirm $63 billion to lease Broadcom AI chips to Anthropic
Four firms announced a $63 billion vehicle to lease Broadcom AI chips to Anthropic from 2027, with Broadcom providing residual value support.
AMD says it will put $1 billion into Meta's new stock offering
AMD says it will put $1 billion into Meta's new stock offering, the second chipmaker after NVIDIA to turn interest into a stated amount.
Closed 26 Oct
The AI Economy Index finished up 1.9 percent.
Closed 23 Oct
The AI Economy Index finished up 0.2 percent.
Closed 22 Oct
The AI Economy Index finished down 5.4 percent.
Closed 21 Oct
The AI Economy Index finished up 1.9 percent.
SpaceX's AI business brings in $7.6 billion in a quarter as its computing power reaches 1.7 GW
SpaceX says its AI segment had $7.6 billion of revenue in the third quarter, up 830% on the year, and nameplate compute reached 1.7 GW by September.
Amkor and NVIDIA add a $1.3 billion packaging deal in South Korea as NVIDIA books more supply chain capacity
Amkor says a $1.3 billion NVIDIA deal expands chip packaging in South Korea, taking their agreements to $3 billion as NVIDIA books more capacity.
Bubble Watch: AI Has an All Star Team and a Rec League
Citadel's AI turns six to eight weeks of PhD level research into hours. Most offices are still learning the playbook, and the gap is coaching, not talent.
Closed 20 Oct
The AI Economy Index finished down 0.2 percent.
Zhongji Innolight raises HK$53.4 billion in Hong Kong listing
Zhongji Innolight, a leading optical module maker, raised HK$53.4 billion (about US$6.8 billion) in a Hong Kong listing that began trading on 30 July 2026.
Zhipu AI first-half revenue rises 399.7% while loss continues
Zhipu AI reported first-half revenue up 399.7% to RMB953,892 thousand and a loss of RMB2,071,992 thousand, and said it released GLM-5.3 in August.
YOFC first-half profit rises about 889.0% as AI data center fibre demand grows
YOFC reported first-half profit of about RMB2,924.5 million, up about 889.0%, and cited intelligent computing center construction and AI data center fibre.
Yaskawa reports record orders but cuts its profit forecast after a software switch
Yaskawa, a Japanese robot and motor maker, reported record quarterly orders, driven by data-center and chip funding, but cut its yearly profit forecast.
XPeng reports flat Q2 deliveries and a wider loss, and expects physical AI to scale up
XPeng, a Chinese car and robot maker, reported flat Q2 deliveries and a wider loss, and said it expects physical AI commercialization to accelerate.
Xiaomi says Q2 revenue fell 6.1% and profit fell 20.3% as car deliveries rose
Xiaomi said second-quarter revenue fell 6.1% to RMB108.9 billion and profit fell 20.3%, while car deliveries rose 28.2%.
Winbond reports Q2 revenue up 184.7%, driven by AI demand
Winbond, a Taiwanese memory maker, reported second-quarter revenue up 184.7% and said strong AI-related demand drove its customized memory line.
WIN Semiconductors Q2 revenue rises 39% as data center optical parts ramp
WIN Semiconductors reported Q2 revenue of NT$5,257 million, up 39% year on year, and said data center optical receiver parts began mass production.
WhiteFiber says it signed more than $540 million of new cloud agreements as its NC-1 campus starts billing
WhiteFiber said on 12 August it signed over $540 million of cloud deals and began NC-1 billing. Revenue includes $12.3M tied to a customer termination.
WhiteFiber closes $310 million of convertible notes, mostly for data center expansion and GPU servers
WhiteFiber said on 21 August it closed $310 million of 5.00% convertible notes, with the remainder aimed at data center expansion and GPU servers.
WeRide says Q2 revenue rose 82.2% and its driverless fleet reached about 3,400 vehicles
WeRide, a Chinese driverless-vehicle company, said Q2 revenue rose 82.2% to RMB231.7 million and its fleet reached about 3,400 vehicles.
Wayve signs a production deal to put its AI driver in Mercedes cars
Wayve and Mercedes-Benz said on 22 September they signed a definitive production agreement to put Wayve's AI Driver in future Mercedes cars within two years.
Waymo borrows $5 billion for the first time
Waymo says it closed a $5 billion term loan on 8 October, its first debt financing, led by large finance firms, to expand robotaxi service.
Vistra says it has committed up to $1 billion to KKR's Helix fund for AI data centers and power
Vistra said in August it committed up to $1 billion to KKR's Helix AI infrastructure fund. $500 million is tied to power-supply milestones or its choice.
Vertiv agrees to acquire a data-center microgrid company for about $1.45 billion
Vertiv said on 2 September it will acquire power-controls firm UtilityInnovation Group for about $1.45 billion in cash, plus up to $1.15 billion in earnouts.
Vertiv reports 24% higher sales and raises its 2026 guidance
Vertiv reported second-quarter net sales of $3,274 million on 29 July, up 24%, raised its 2026 guidance, and said AI and compute demand keeps intensifying.
Veeco says AI is driving robust orders and reports $200 million of advanced-packaging orders
Veeco, which makes chip-making equipment, said AI is driving robust orders and reported $200 million of advanced-packaging orders.
Unitree Robotics lists on Shanghai's STAR Market, raising about 6.1 billion yuan
Unitree, a Chinese robot maker, began trading on Shanghai's STAR Market on 19 August after a share sale that raised about 6.1 billion yuan.
UBTECH says humanoid robot revenue rose 1,445% in the first half
UBTECH, a Chinese robot maker, said it sold 921 full-size humanoid robots in six months, lifting that revenue 1,445% to 590 million yuan.
Tower and Semtech expand a SiGe capacity agreement for AI data center connections
Tower Semiconductor and Semtech agreed to reserve more factory capacity for chips that connect AI data center equipment with light and copper.
Tokyo Electron raises its first-half forecast on AI chip spending
Tokyo Electron, a major chip-equipment maker, raised its first-half sales forecast to 1.62 trillion yen as AI-chip equipment spending rose.
TFC Optical first-half net profit rises 33.92% on AI computing demand
TFC Optical Communication reported first-half revenue up 15.15% and net profit up 33.92%, crediting AI and data center build-outs for optical device demand.
Tesla says Cybercab production has begun, as its capital spending more than doubles
Tesla says it began building the Cybercab in Texas and spent $5.8 billion on capital projects in the quarter, up 142%, leaving free cash flow negative.
Teradyne reports record revenue of $1.33 billion, with AI-driven demand over 60% of the total
Teradyne, a maker of chip-testing equipment, reported record revenue of $1.33 billion, up 104%, with AI-driven revenue above 60% of the total.
Tenstorrent's SEC filing shows it has sold $1.29 billion of equity
Tenstorrent reported to the SEC on 9 September that it has sold $1.29 billion in an equity offering to 134 backers since 26 August. No valuation was given.
Tencent capex rises 176% as it adds compute for AI models
Tencent reported Q2 capital expenditure of RMB52.8 billion, up 176%, and said it stepped up compute procurement for its AI models and applications.
Supermicro reports $39.1 billion in yearly sales and a $65 billion to $72 billion outlook
Supermicro reported $39.1 billion of fiscal 2026 sales on 11 August and guided fiscal 2027 sales to $65 billion to $72 billion. Its 31 August 10-K matches.
Sumitomo Electric infocommunications profit rises 19.1 billion yen on data center optics
Sumitomo Electric's infocommunications operating profit rose 19.1 billion yen to 27.2 billion yen, tied to data center optical connectors for generative AI.
STMicroelectronics raises its AI data center revenue outlook above $1 billion
STMicroelectronics raised its AI data center revenue outlook to above $1 billion for 2026 and well above $2 billion for 2027. Q2 revenue was $3.49 billion.
Starcloud raises $250 million for AI computers in space
Starcloud said on 21 August it raised $250 million at a $2.3 billion valuation to build more AI computing capacity in orbit.
Safe Superintelligence and NVIDIA partner, saying SSI's compute will grow by an order of magnitude
SSI and NVIDIA said on 27 July they signed a long-term partnership with money from NVIDIA. They say SSI's compute will grow by an order of magnitude.
SpaceX's first public results: fast growth and $15.8 billion of AI spending
SpaceX's first results since its IPO showed revenue up 92% to $7.8 billion, with AI capital spending of $15.8 billion in one quarter and a narrower loss.
SpaceX now owns Cursor after a $60 billion deal
SpaceX says its $60 billion purchase of Cursor, the AI coding tool, took effect on 14 August, making Cursor a wholly owned SpaceX subsidiary.
Soitec first-quarter revenue up 23% as Photonics-SOI sales double
Soitec reported Q1 FY2027 revenue of €113m, up 23%, and said Photonics-SOI sales for AI data center optical transceivers doubled year on year.
Snowflake's product revenue grew 37% and it raised full-year guidance, citing a step-up in AI revenue
Snowflake said on 2 September its product revenue rose 37% to $1.49 billion, it saw 'a meaningful step-up in AI revenue' and it raised its yearly outlook.
Skild AI says its robot-brain software has passed $100 million in yearly revenue pace
Skild AI, which sells a robot brain, said on 10 September it passed $100 million in annual recurring revenue and has more than 60 paying customers.
SK hynix reports record operating profit of 60.5 trillion won on AI memory demand
SK hynix, a leading maker of the memory chips AI servers need, reported record profit and said it began shipping its newest HBM4 memory.
Sivers Semiconductors adds laser capacity for AI datacenters as its loss widens
Sivers said AI datacenters' need for laser capacity drives a move to hybrid manufacturing. Q2 net sales were SEK 53.8 m, operating loss SEK 116.9 m.
Siemens raises its 2026 profit outlook after record orders and a jump in data-center orders
Siemens says third-quarter orders hit a record €27.9 billion and data-center orders grew sharply, so it raised its 2026 profit forecast.
Semtech reports record $341.9 million quarter and guides to $410.0 million
Semtech reported record Q2 net sales of $341.9 million, guided Q3 to $410.0 million plus or minus $5.0 million, and said data center revenue hit a record.
Seagate reports $12.2 billion of fiscal 2026 revenue and ties storage demand to AI
Seagate, a hard drive maker, reported $12.2 billion of fiscal 2026 revenue, up 34%, and said AI is driving lasting storage demand.
SCREEN Holdings raises its forecast, citing record inquiries and orders tied to AI spending
SCREEN Holdings, a chip-factory equipment maker in Japan, raised its yearly forecast, citing a record level of inquiry and order, despite a weak first quarter.
Schneider Electric posts record quarterly revenue and says data center demand rose triple-digit
Schneider Electric said on 30 July data center demand rose triple-digit in the second quarter, with record revenue of €11.5 billion and a raised 2026 target.
Rockwell Automation raises its 2026 outlook as chip and data-center customers spend more
Rockwell Automation, a maker of factory control systems, reported sales up 8% and raised its fiscal 2026 sales and profit outlook.
Qualcomm and Amazon agree to build AI data-center chips, with a warrant tied to up to $60 billion of purchases
Qualcomm will work with Amazon on custom AI data-center chips and gave Amazon a warrant that vests as Amazon purchases, up to $60 billion.
Prysmian agrees to acquire Atkore, citing electrification and AI-driven infrastructure
Prysmian said on 3 August it agreed to acquire Atkore at an enterprise value of about $3.8 billion to lead electrification and AI-driven infrastructure markets.
Prysmian raises full-year guidance, citing AI-driven infrastructure demand
Prysmian said on 30 July that second-quarter Adjusted EBITDA rose to €730 million and raised its full-year guidance, citing AI-driven infrastructure demand.
Prysmian signs up to €5.5 billion Molex deal for optical cables inside data centers
Prysmian said on 20 July it signed an up to €5.5 billion, ten-year deal with Molex for optical cables inside data centers and will expand US fiber capacity.
Pony.ai says robotaxi revenue rose 691% to $12.1 million in the second quarter
Pony.ai, a self-driving company, said robotaxi revenue rose 691% to $12.1 million and its fleet reached 1,975 vehicles, aiming for 3,500.
Palantir raises its 2026 revenue forecast after second-quarter revenue grew 93%
Palantir says second-quarter revenue grew 93% to $1.935 billion, and it raised its 2026 revenue forecast to about $8.15 billion.
OpenAI plans to cut Cursor off from its models in November
OpenAI plans to stop supplying its models to Cursor, now owned by SpaceX, with a proposed shutoff on 12 November. The date is not final.
OpenAI agrees to secure about 8 gigawatts at an Ohio campus under a 20-year lease
OpenAI said on 17 August it agreed to secure about 8 gigawatts-IT at the PORTS-Pike campus in Ohio under a 20-year lease, with 800 MW due in 2028.
Onto Innovation reports a record quarter and a backlog above $1 billion
Onto Innovation, which makes chip inspection tools, reported record sales and a backlog above $1 billion, linking demand to AI and memory chips.
onsemi expects AI data center revenue to more than double in 2026
onsemi, a maker of power chips, said AI data center is its fastest-growing business and expects that revenue to more than double in 2026.
OMRON raises its 2026 forecast as AI-related factory spending lifts revenue 26%
Japanese factory-automation maker OMRON said quarterly revenue rose 26% and raised its full-year forecast, citing AI-related chip and battery demand.
NVIDIA agrees to acquire Hugging Face for $12.93 billion, with closing expected in 2027
NVIDIA said on 3 September it will acquire Hugging Face for $12.93 billion. Its 8-K shows $11.9B to stockholders and up to $1.0B of retention equity.
NVIDIA puts $3.5 billion into MediaTek bonds as the two chip designers expand their AI partnership
NVIDIA put $3.5 billion into zero coupon convertible bonds from MediaTek, and the two companies are expanding their AI computing partnership.
NVIDIA signs memorandums with six finance firms for AI compute financing platforms aimed at $500 billion
NVIDIA signed memorandums with six finance firms to set up platforms designed to mobilize over $500 billion of outside capital over time for AI infrastructure.
NVIDIA's 10-Q discloses guarantees capped at $105 billion for an OpenAI data center campus in Ohio
NVIDIA's 10-Q says it guaranteed up to $105 billion of leases for an OpenAI data center campus in Ohio, and up to $3.5 billion for other AI clouds.
nVent adds a 160,000 square-foot site for data center liquid cooling
nVent said on 31 July it leased a second Blaine, Minnesota site of 160,000 square feet to expand data center liquid cooling output from 2027.
Nokia AI and cloud sales more than double, with EUR 2.8 billion in orders
Nokia said second-quarter AI and cloud net sales more than doubled to EUR 446 million and that AI and cloud orders reached EUR 2.8 billion.
Nidec reports a 519 billion yen operating loss after restating results, and its auditor declined to give an opinion
Nidec, a Japanese motor maker, reported a ¥519 billion operating loss in restated annual figures, and its auditor declined to give an opinion.
NEXTDC reports a 202% jump in contracted capacity and guides much faster FY27 growth
NEXTDC said on 27 August that contracted utilisation rose 202% to 740.1MW and guided FY27 net revenue to A$615 million to A$640 million.
NEXTDC completes an A$1.1 billion convertible notes offering for its build pipeline
NEXTDC said on 18 September its A$1.1 billion offering of 1.75% convertible notes due 2031 settled on 17 September to fund its data center pipeline.
Nebius says run-rate revenue hit $3.0 billion and contracted power is heading to 5 GW
Nebius said on 12 August its annualized run-rate revenue reached $3.0 billion and it now expects 5 GW of contracted power by year-end.
Nebius closes a $5.75 billion convertible note sale to fund its AI cloud build-out
Nebius said on 24 August it closed a $5.75 billion convertible note sale, with proceeds meant for data centers, its AI cloud and GPUs.
Nanya reports an 85.7% gross margin and ties new capacity to AI
Nanya, a Taiwanese DRAM maker, reported third-quarter revenue of NT$133.6 billion and said it will add capacity around customers' AI projects.
MPS reports record revenue of $980.6 million as AI and server power sales jump
Monolithic Power Systems reported record revenue of $980.6 million, with Enterprise Data up 44.8% from the first quarter on AI and server power sales.
MongoDB's revenue grew 30% and it raised its outlook, but its slides say AI-native customers are a small share of Atlas
MongoDB said on 1 September its revenue rose 30% to $771.8 million and cited early AI momentum. Its slides say AI-native customers are a small share of Atlas.
MKS reports $1.25 billion of revenue and says AI-driven spending is rapidly growing its orders
MKS, which supplies chip-factory equipment and parts, reported $1.25 billion of revenue and said AI-driven spending is growing its orders fast.
Mistral raises 3 billion euros in a round led by Samsung to scale compute
Mistral said on 8 September it raised 3 billion euros at a post-money valuation above 21 billion euros, to scale compute and infrastructure.
MiniMax first-half revenue rises 283.1% to US$116.6 million while loss continues
MiniMax reported first-half revenue of US$116.6 million, up 283.1%, a loss of US$358.0 million, and a cash balance of US$1,322.8 million at 30 June.
Microsoft commits multibillion dollars to use Mistral's new European GPU capacity
Microsoft and Mistral said on 21 July that Microsoft will use part of Mistral's expanded European GPU capacity, a multibillion-dollar commitment.
Microsoft says Azure passed $100 billion for the year and its backlog rose 84% to $678 billion
Microsoft said on 29 July Azure revenue passed $100 billion for the year, Azure grew 43%, and commercial backlog rose 84% to $678 billion.
Microsoft's annual report shows $329.1 billion of datacenter-led leases yet to start
Microsoft's 29 July annual report shows $329.1 billion of leases, mainly for datacenters, not yet started, commencing between 2027 and 2033.
Micron unveils Micron Research Labs in Boise with a planned $10 billion commitment over a decade
Micron, a top maker of AI memory chips, plans to spend $10 billion over ten years on a new research institution in Boise, Idaho.
Marvell signs a custom-chip deal with Google and issues a warrant that vests as Google purchases custom products
Marvell will build custom AI chips for Google and gave Google a warrant for up to about 59 million shares that vests as Google purchases custom products.
Lumentum revenue passes $1 billion a quarter and guidance rises on AI demand
Lumentum reported quarterly revenue of $1.01 billion, up from $480.7 million, and guided to $1.225 billion to $1.275 billion on AI demand.
Lenovo's server business nearly doubles to a record $8.5 billion in a quarter
Lenovo said on 13 August its AI server pipeline reached $54 billion, its own measure, and AI-related revenue grew 60% to $9.3 billion, 35% of the group.
Lattice reports record revenue of $201.1 million as AI server demand lifts new products
Lattice Semiconductor reported record revenue of $201.1 million, up 62%, with new-product growth led by AI-related server demand.
Lambda closes a $926 million loan secured on GPU servers for a committed customer
Lambda said on 27 August it closed a $926 million term loan to purchase GPUs for a committed customer, graded Baa2 by Moody's.
Lambda closes a $1 billion fixed-rate loan to fund GPU clusters for two top-tier credit customers
Lambda said on 1 October it closed a $1 billion fixed-rate delayed-draw loan, to be drawn only as its GPU clusters enter service.
Lam Research reports record revenue of $6.72 billion and guides to $8.1 billion on AI-driven demand
Lam Research, which makes machines used to build chips, reported record revenue and guided sharply higher, citing AI-driven demand.
Kodiak AI says its customer Atlas now runs 35 Kodiak driverless trucks and reports $3.5 million of revenue
Kodiak AI says its customer Atlas now runs 35 of its trucks with no person in the cab, and it targets a driverless long-haul launch by year-end.
KLA reports $3.66 billion of quarterly revenue and guides to $4.0 billion on AI infrastructure demand
KLA, which makes tools that inspect chips during manufacturing, reported higher revenue and guided up, saying AI infrastructure is driving demand.
Kioxia reports record revenue of 1.77 trillion yen on AI data center NAND demand
Kioxia, a Japanese NAND memory maker, reported record quarterly revenue of 1.77 trillion yen, crediting AI data center demand.
JCET reports record first-half revenue, profit up 79.4%, on AI infrastructure demand
JCET, a chip packaging company in China, reported record first-half revenue and profit up 79.4%, crediting AI infrastructure demand.
IREN says it has delivered Horizon 1, the first of four 50MW AI blocks, to Microsoft
IREN said on 13 August that Horizon 1, the first of four 50MW liquid-cooled AI blocks for Microsoft in Texas, has been delivered and accepted.
IREN reports AI Cloud revenue up about eightfold and $2.8 billion of GPU financing, but a $702.6 million net loss
IREN said on 27 August its AI Cloud revenue rose about eightfold, but it reported a $702.6 million net loss against $86.9 million of net income a year earlier.
IREN signs $2.8 billion of new AI Cloud contracts and lifts its run-rate target above $4 billion
IREN said on 20 July it signed $2.8 billion of new multi-year AI Cloud contracts and raised its 2026 run-rate revenue target to more than $4 billion.
Intel says AI is driving unprecedented compute demand as revenue rises 25%
Intel's CEO says AI is driving unprecedented demand for compute. Revenue rose 25% to $16.1 billion and Data Center and AI revenue rose 59%.
IBM and Together AI sign a $240 million deal for an inference cluster due in early 2027
IBM said on 11 August it has a $240 million multi-year deal to build an NVIDIA B300 inference cluster for Together AI, due in Q1 2027.
HPE posts record revenue and says it received a multi-billion-dollar AI inferencing deal
HPE reported record revenue of $12.2 billion on 2 September and said it won a multi-billion-dollar server award from an unnamed hyperscaler for inferencing.
Horizon Robotics first-half revenue rises 32.9% to RMB2,055.0 million
Horizon Robotics reported first-half revenue of RMB2,055.0 million, up 32.9%, an operating loss of RMB1,671.5 million, and cash of RMB14.9 billion.
Hesai ships 628,275 lidar units and guides Q3 revenue up 38% to 45%
Hesai, a Chinese lidar maker, shipped 628,275 units in Q2, guided Q3 revenue up 38% to 45% and raised its growth-business target.
Hamamatsu raises full-year forecasts on AI data center spending
Hamamatsu raised its full-year forecasts to JPY239,000 million net sales and JPY22,000 million operating profit, citing AI data center spending.
Groq announces a $350 million round at a $3.5 billion valuation
Groq announced on 17 August a $350 million Series A led by Disruptive at a $3.5 billion valuation. The release says it is subject to closing conditions.
Google commits EUR 13 billion to Finland for data center spending and a nuclear power deal
Google said on 9 September it will put EUR 13 billion in Finland over two years, including data center spending, a nuclear power deal and a battery.
GlobalFoundries reports $1.786 billion of quarterly revenue and ties growth to AI optical networking
GlobalFoundries said its data center communications business, about 16% of revenue, grew over 60% from a year earlier on optical networking demand.
GDS raises its 2026 revenue and capex guidance as committed data center area grows
GDS reported second-quarter revenue of RMB3.09 billion on 13 August and raised its 2026 revenue guidance to RMB12.7 billion to RMB13.0 billion.
Foxconn posts record quarterly revenue and expects AI rack shipments to more than double
Foxconn reported record second-quarter revenue of NT$2.53 trillion on 12 August and expects AI rack shipments to more than double this year.
FormFactor and Teradyne team up on chip testing and Teradyne agrees to put $300 million
FormFactor and Teradyne will work together on testing chips for AI and memory, and Teradyne agreed to put $300 million into FormFactor.
OpenAI to take dedicated AI compute from two Firmus sites in Malaysia
Firmus and OpenAI said on 8 September that OpenAI will contract dedicated AI compute from two Firmus sites in Malaysia, lifting Firmus above 900 MW contracted.
Figure lines up billions in computing power for its robots' AI
Nscale and robot maker Figure signed a multi-year deal that starts with a $3.5 billion compute commitment, with chips targeted from the second half of 2027.
Equinix raises its 2026 and long-term outlook after a $2.6 billion quarter
Equinix reported second-quarter revenue of $2.625 billion on 29 July, said monthly recurring revenue grew 11%, and raised its 2026 revenue guidance.
Equinix and CPP complete their US$4 billion atNorth acquisition
Equinix and CPP said on 2 September they completed the US$4 billion atNorth data center deal, with Equinix holding about 34% for US$895 million.
Eoptolink first-half revenue doubles to RMB20.91 billion on AI computing demand
Eoptolink, a Chinese optical module maker, reported first-half revenue of RMB20.91 billion, up 100.34%, and credits AI computing spending.
ElevenLabs says a $300 million tender values it at $22 billion as agent use triples
ElevenLabs said on 30 September a $300 million employee tender values it at $22 billion, and its agents handle over 15 million chats a week.
Ecolab's chip and data center unit grows 29% as it ties growth to AI infrastructure
Ecolab's Global High-Tech grew 29% organically on 28 July. Its 2 July release calls AI infrastructure and computing 'the fastest-growing market in the world'.
Eaton agrees to acquire Italian power-equipment maker COL Group for €810 million
Eaton said on 25 September it will acquire Italy's COL Group for an enterprise value of €810 million, adding European data center and utility power capacity.
Digital Realty enters Türkiye with a joint venture and a 22 MW Ankara campus
Digital Realty and Rönesans Infrastructure announced a Türkiye joint venture on 14 September, starting with an Ankara data center of more than 22 MW.
Dell says AI server orders hit $60.9 billion in a quarter and its backlog is $95 billion
Dell reported on 1 September record AI server orders of $60.9 billion and a $95 billion backlog, and raised its AI server revenue outlook to $74 billion.
CXMT reports first-half revenue of 150.31 billion yuan, up 873.64%, on DRAM shortage and AI demand
CXMT, China's leading DRAM maker, reported first-half revenue of 150.31 billion yuan, up 873.64%, and cited tight supply and AI demand.
Crusoe and Thinking Machines Lab announce a $65 million annual inference agreement
Crusoe and Thinking Machines Lab said on 23 September they have a $65 million annual agreement to run the lab's open-model inference on Crusoe Cloud.
Crusoe announces a $3.9 billion Series F at a $30.9 billion valuation
Crusoe said on 17 September it has done the initial closing of a $3.9 billion Series F at a $30.9 billion valuation, citing over $140 billion in contracts.
CrowdStrike reports record new subscription business and raises its full-year growth outlook
CrowdStrike says it added a record $333 million of new annual recurring revenue and raised its full-year growth outlook for new business to 34%.
Credo first-quarter revenue rises 114.7% to $479.0 million
Credo reported first-quarter revenue of $479.0 million, up 114.7%, and said it will keep supplying data-center connectivity as AI infrastructure scales.
Corning optical sales rise 32% to $2.07 billion as Gen AI products grow faster
Corning reported optical sales up 32% to $2.07 billion, with Gen AI product sales growing significantly faster. Core sales were $4.74 billion.
CoreWeave reports a $104 billion backlog and says new contracts are priced higher
CoreWeave said revenue rose 112% to $2.6 billion with a $104 billion backlog, but swung to a $49 million operating loss from $19 million of income.
CoreWeave closes a $2.6 billion customer-backed loan for AI infrastructure
CoreWeave said on 10 August it closed a $2.6 billion term loan backed by customer contracts, with a five-year maturity, to expand its AI cloud.
Coherent reports record revenue of $2.05 billion as AI datacenters move to optics
Coherent reported record quarterly revenue of $2.05 billion, up 34%, tied to AI datacenters moving to optics, and guided to $2.2 billion to $2.4 billion.
Cohere and Aleph Alpha sign a definitive deal to combine, closing expected this year
Cohere and Aleph Alpha said on 16 September they signed a definitive agreement to combine, creating a company of more than 1,000 employees.
Cognition raises $2 billion as coding agents become big business
Cognition, maker of the Devin coding agent, raised over $2 billion at a $48 billion valuation on 8 September and says its run-rate revenue is near $900 million.
Cognex reports record revenue of $291 million and guides 2026 revenue to $1.13 to $1.15 billion
Cognex, a maker of machine vision for factories, reported record revenue of $291 million and guided to $1.13 to $1.15 billion for 2026.
Cisco says hyperscaler AI orders reached $9.3 billion in fiscal 2026 and expects $7.5 billion of revenue in fiscal 2027
Cisco, the networking company, said orders for AI infrastructure from the largest cloud companies reached $9.3 billion in its fiscal year.
Cerebras reports $180 million of revenue and $25.4 billion of contracted future revenue
Cerebras, an AI chip maker, reported its first results as a public company, with $25.4 billion of contracted future revenue.
Celestica completes its equity offering and raises about $3.45 billion to fund growth
Celestica said on 7 August it completed its equity offering, raising about $3.45 billion in gross proceeds to fund growth and capital spending.
California approves Waymo to expand driverless service
The CPUC's consumer protection division approved Waymo on 14 August to expand driverless service in California. The Los Angeles Times counts 18 counties.
Cadence reports revenue of $1.58 billion and raises its 2026 outlook on AI demand
Cadence, whose software is used to design chips, reported higher revenue and a record backlog, and raised its 2026 outlook citing AI demand.
Blue Origin plans more Florida pads and a campus expansion
Blue Origin said it plans a $330 million expansion at its 1.37-million-square-foot Rocket Park manufacturing campus to build New Glenn upper stages.
Blue Origin plans a big Texas factory for its satellite network
Blue Origin announced on 8 October a 1.3-million-square-foot Texas campus. Texas says it is a $554.78 million funding adding over 2,000 jobs.
Bloom Energy's revenue rose 166% and it says all major US hyperscalers have approved its power for AI factories
Bloom Energy said on 28 July that revenue rose 166% to $1.065 billion, raised 2026 guidance and cited approval by all the major US hyperscalers.
Besi's orders more than double, particularly for AI computing, with AI about 60% of first-half equipment orders
Besi, a chip-assembly equipment maker, said Q2 orders more than doubled, particularly for AI computing, and AI is about 60% of first-half orders.
Baidu GPU Cloud revenue rises 283% as total revenue falls 4%
Baidu says GPU Cloud revenue rose 283% on AI computing demand. Total revenue fell 4%. Free cash flow was negative RMB 7,954M, from negative 4,677M a year ago.
AXT signs a six-year capacity deal with Lumentum, backed by two $43.5 million deposits
AXT signed a six-year deal to reserve indium phosphide wafer capacity for Lumentum, backed by two deposits of $43.5 million each.
Aurora launches second-generation driverless trucks, plans 200 by year-end
Aurora, a US self-driving truck company, launched second-generation driverless trucks and plans to run 200 by the end of 2026.
Astera Labs reports record revenue of $392.4 million and guides to $540 million to $560 million
Astera Labs, which makes connectivity chips for AI data-center racks, reported record revenue and guided to a much larger third quarter.
ASM International reports a record quarter tied to AI and lifts its 2027 outlook
ASM International, which makes chip-factory equipment, reported record revenue of about 1 billion euros and raised its 2027 view on AI demand.
ASE reports Q2 revenue up 26.7% and advanced packaging for AI ahead of its target
ASE, which assembles and tests chips, said its advanced packaging for AI is ahead of its $3.5 billion target and it aims to double it in 2027.
Arm reports record revenue of $1.29 billion and says demand for its own AGI CPU exceeds $2 billion
Arm, the chip designer behind most phone chips, says demand for its first own-brand data-center chip now tops $2 billion.
Arista reports a first $3 billion quarter and raises its 2026 outlook to $12.6 billion
Arista, a maker of AI data-center networking, reported its first $3 billion quarter and raised its 2026 sales outlook to $12.6 billion.
Applied Optoelectronics reports record $191.9 million quarter and guides higher
Applied Optoelectronics reported record Q2 revenue of $191.9 million, against $103.0 million a year earlier, and guided Q3 to $255 million to $290 million.
Applied Materials reports record revenue of $9.12 billion and raises its 2026 chip-equipment outlook on AI demand
Applied Materials, a top maker of chip-factory equipment, reported record revenue, guided higher and said AI is driving unprecedented demand.
Applied Digital's quarterly revenue rises 322% to $341.9 million and it adds new power deals
Applied Digital reported quarterly revenue of $341.9 million on 7 October, up 322%, and disclosed a 1,200 MW gas power agreement and a Finland power option.
Applied Digital's fiscal 2026 revenue rises 167% to $611.3 million, with a net loss of $249.2 million
Applied Digital reported fiscal 2026 revenue of $611.3 million on 27 July, up 167%, with a net loss of $249.2 million and two senior note offerings listed.
Analog Devices agrees to acquire Alif Semiconductor for $1.35 billion in cash
Analog Devices agreed to acquire Alif Semiconductor, a maker of AI-native edge processors, for $1.35 billion in cash, plus up to $200 million.
Amphenol reports record sales of $8.8 billion as AI products drive datacom growth
Amphenol reported record sales of $8.8 billion, up 55%, with IT datacom growth driven by AI products, and record orders of $10.7 billion.
American Tower raises its 2026 outlook on record leasing at its CoreSite data centers
American Tower reported second-quarter revenue of $2,749 million on 28 July, cited record CoreSite leasing and raised its outlook for the second time this year.
AMD reports record revenue of $11.5 billion, with data-center sales more than doubling
AMD, a major maker of AI and server chips, reported record revenue of $11.5 billion, with sales to data centers more than doubling.
AMD and Anthropic plan up to 2 gigawatts of AMD GPUs, with AMD setting aside up to $5 billion for a share of Anthropic
AMD and Anthropic said on 22 July they will deploy up to 2 gigawatts of AMD MI450 GPUs from 2027, and AMD committed up to $5 billion for a share of Anthropic.
Amazon says AWS grew 37% and its AI business passed a $25 billion run rate
Amazon said on 30 July AWS sales grew 37% to $42.2 billion, while trailing free cash flow swung from an $18.2 billion inflow to a $7.6 billion outflow.
Alphabet says Google Cloud grew 82% on AI demand and it raised $49.6 billion in equity
Alphabet said on 22 July Google Cloud revenue rose 82% to $24.8 billion on AI demand, and it raised $49.6 billion of equity in June.
Alibaba reports RMB48,437 million AI cloud revenue and RMB67,678 million capex
Alibaba reported June-quarter AI Cloud and Compute Services revenue of RMB48,437 million and capital expenditures of RMB67,678 million, up 75%.
Agility Robotics' SEC filing shows small sales, large losses and a going-concern warning
Agility Robotics' SEC filing shows $1.8 million in 2025 sales, a $140 million operating loss and a going-concern warning that excludes its merger.
AgiBot delivers its 20,000th robot and puts 300 to work in a theme park
AgiBot said on 24 September it marked its 20,000th robot built and launched a deployment of more than 300 robots at Chimelong Spaceship Park in China.
AEP says it has 69 GW of contracted load growth through 2030, with hyperscalers and data centers among the customers
AEP said on 30 July it signed another 6 GW of load agreements, for 69 GW through 2030, including hyperscalers and data centers.
Advantest raises its forecast to 1,714 billion yen of sales, citing AI chip testing demand
Advantest, which makes machines that test chips, raised its full-year sales forecast and said AI chip testing demand is stronger than it expected in April.
Closed 19 Oct
The AI Economy Index finished up 1.1 percent.
Microsoft ends its deal at Nscale's planned Essex AI data center as grid power slips to the early to mid-2030s, reports say
UK media report Microsoft has ended its deal at Nscale's Loughton site after the grid said it could not supply enough power until the early to mid-2030s.
Google and Entergy Arkansas add a second phase in West Memphis
Entergy Arkansas says Google will cover new solar, batteries and grid upgrades for phase two of its West Memphis campus. State approval is still pending.
Closed 16 Oct
The AI Economy Index finished down 3.2 percent.
NiSource says Microsoft signed a 20-year power deal that adds about 1,100 MW for its Indiana campus
NiSource says Microsoft signed a 20-year deal from 2028 that adds about 1,100 MW of new power for its Indiana campus, with Microsoft paying for it.
Anthropic signs a long-term lease at a planned Nova Scotia data center campus
Anthropic says it is the tenant at EverWind's planned Nova Scotia campus. The first 95 MW phase is due in late 2027, and nothing is built yet.
Closed 15 Oct
The AI Economy Index finished down 0.9 percent.
Banks sweeten the ~$5bn Volta AI loan to get it sold
Bloomberg says JPMorgan and Goldman sold the loan at 95 cents on the dollar, with yields past 11%, to reportedly fund Anthropic compute in Norway.
TSMC raises its 2026 sales outlook and says demand stays strong
TSMC now expects 2026 sales to grow about 44%, and the company says demand stays strong while it keeps its $60 billion to $64 billion factory budget.
Mason County, Kentucky says Meta is behind a planned data center campus near Maysville
The county release says $10 billion to start, but officials said about $15 billion. Phase one is 396 MW, and state incentives are still pending.
Character.AI files for Chapter 11 and puts itself up for sale
Character.AI says high costs plus possible lawsuit and regulatory liabilities left it short of cash. Disney is the opening bidder for a license to its tech.
Closed 14 Oct
The AI Economy Index finished down 3.8 percent.
FERC rejects the core of PJM's plan for plugging in new data centers
FERC's 9 Oct order threw out PJM's plan to let data centers plug in early, keeping only a 50 MW large-load definition and a registry. PJM may refile.
Camtek says AI chip packaging orders point to over $800 million in 2027 sales
Camtek, which checks chips for defects, says AI packaging orders give it an early 2027 sales outlook of over $800 million, up more than 35%.
ASML says AI demand will outrun its planned chip-tool supply in 2027 and 2028
ASML says AI-driven demand means its planned tool supply won't fully meet customers' needs in 2027 or 2028, and some already want slots for 2030.
AEP plans a $4 billion fuel cell plant in Wyoming to power Google for 20 years
AEP says it will spend about $4 billion on a 702 MW Bloom fuel cell plant near Cheyenne, Wyoming, with Google taking the power for 20 years.
Closed 13 Oct
The AI Economy Index finished down 0.4 percent.
Fermi says AMD is backing a 222 MW Texas AI data center lease for a cloud that runs only its chips
Fermi says AMD signed a credit support agreement behind a 222 MW AI data center lease in Texas whose tenant runs only AMD chips. AMD's share wasn't disclosed.
AirTrunk puts off its Singapore REIT IPO until early next year, reports say
Reuters, citing people familiar, and the WSJ say the Blackstone-backed data center company paused a listing of about $1.5bn. The company has not confirmed it.
Closed 12 Oct
The AI Economy Index finished down 1.7 percent.
Microsoft plans multi-gigawatt deployments of its own Maia AI chips from 2027
Microsoft says its in-house Maia chips will become the main system running AI answers for its products, scaling to multiple gigawatts starting in 2027.
Closed 9 Oct
The AI Economy Index finished up 1.0 percent.
SoftBank is seeking up to about $100bn from Gulf investors for a new AI fund, the FT reports
The FT, citing people familiar, says early talks include the UAE. The fund would acquire companies and improve them with AI. SoftBank declined to comment.
OpenAI's run rate is roughly $50bn, not the $70bn reported last month
The FT, Bloomberg and CNBC put OpenAI's annualized revenue near $50bn. CNBC's source says the earlier ~$70bn counted partner sales gross, as Anthropic does.
GlobalFoundries agrees to make silicon interposers for TSMC's CoWoS line in New York
GF says the multi-year $2 billion deal will make Malta the first U.S. source of silicon interposers for advanced packaging, with volume output from 1H 2028.
Firmus withdraws its Australia ASX IPO and turns to private markets
The Nvidia-backed AI data center company says it pulled its ASX listing application, citing market conditions, and will pursue private funding instead.
Finland tells Google to pause site work at two data centers until environmental reviews are done
Finland's licensing agency told Google's subsidiary to stop site preparation at Muhos and Kajaani by 23 October. Google says it fell short of its own standards.
Closed 8 Oct
The AI Economy Index finished down 2.3 percent.
Samsung guides to a record of about $80bn in operating profit in one quarter
Samsung's preliminary guidance puts third-quarter operating profit at 107.4 trillion won, up from 12.17 trillion a year earlier, on sales of 195 trillion won.
Firmus plans to postpone its Australia IPO and weigh a private funding round
Bloomberg reports the Nvidia-backed data center company plans to delay its ASX listing and is talking to existing and new backers about private capital instead.
Closed 7 Oct
The AI Economy Index finished down 1.1 percent.
SpaceX is in talks to borrow about $40bn to pay for NVIDIA chips
The FT and Bloomberg, citing people familiar, say Apollo is expected to lead a mix of bank loans and investment-grade debt. Bloomberg says the talks are early.
Firmus cuts its IPO price after weak demand, as its 1.6GW Southgate plan ends at 42MW
The Nvidia-backed data center builder for Meta and OpenAI lowered its share price from A$11 to A$9 during the bookbuild, per the Australian Financial Review.
CoreWeave enters India, planning 240 MW as sole tenant at AdaniConneX's Navi Mumbai campus
CoreWeave plans 240 MW across three buildings at AdaniConneX's Navi Mumbai campus, with NVIDIA Vera Rubin and first capacity expected in mid-2028.
Broadcom is arranging more than $50bn of financing for OpenAI's custom AI chips
The WSJ, citing people familiar, says Apollo and Blackstone are among lenders in talks. The talks are early and the size could still change.
Closed 6 Oct
The AI Economy Index finished up 1.1 percent.
JPMorgan markets a ~$5bn Volta AI loan at about 11% for Anthropic compute in Norway
Bloomberg says the package marks a new high in all-in yield for AI loans, funding Bitdeer Tydal capacity with Anthropic as the reported six-year customer.
Marvell raises its fiscal 2028 revenue target to about $20 billion and sets a $70 billion to $90 billion range for fiscal 2031
Marvell lifted its fiscal 2028 revenue outlook from $18 billion to about $20 billion and set a first fiscal 2031 range, led by custom AI chips and networking.
Google signs up for 890 MW of new nuclear power squeezed from reactors that already exist
A 20-year deal funds more output at 11 Constellation reactors in Illinois, Pennsylvania and New Jersey, with Constellation investing over $4.3 billion.
Black Hills signs on to power Google's planned Wyoming data center, with 564 MW of new gas generation
Black Hills will spend $1.8 billion on 564 MW of new gas generation and manage about 2.1 GW of Wyoming resources to serve Google's planned Cheyenne site.
Closed 5 Oct
The AI Economy Index finished up 0.7 percent.
Schneider Electric bets $23.7 billion that industrial AI needs design data
Schneider Electric, a supplier to data centers and grids, agreed to acquire PTC for $205 a share in cash, its biggest deal to date. Closing is due by Q3 2027.
Washington puts $4.2 billion behind nuclear power Meta already has under contract
The Energy Department made a $4.2 billion conditional loan commitment to Vistra to add about 433 MW at three nuclear plants, output Meta contracted in January.
ChatGPT reaches 1.2 billion people a week
OpenAI says ChatGPT's weekly reach rose from 1 billion in July to 1.2 billion by late September. It counts users, not what they pay or what agents do.
The largest US grid's emergency power plan for data centers is frozen until February
FERC accepted PJM's one-time procurement of about 6.8 GW of new supply but suspended it for five months. The shortfall it was meant to fill is largely driven by data center demand.
Synopsys announces a multi-year silicon IP agreement with Amazon
On 30 September 2026 Synopsys announced a strategic multi-year agreement with Amazon for application-optimized silicon IP. The release highlights more than $1 billion. Amazon is the lead customer. This is design capability and tooling, not megawatts online.
Oracle offers to take Point Beach nuclear costs off Wisconsin ratepayers
On 2 October 2026 Oracle said it would subscribe to a portion of Point Beach nuclear generation, expected to save utility customers about $300 million in fuel costs, subject to Wisconsin PSC approval and tied to Project Lighthouse.
NextEra joins a 6.47 GW Texas gas campus sized for a 5 GW data-center plan
On 30 September 2026 Commerce and Korea selected Related and NextEra Energy Resources, with Lewis Energy, for Project Star in Encinal: more than $22 billion of energy infrastructure and 6.47 GW of gas generation for an adjacent 5 GW Related Digital campus.
Nebius locks 50 MW of critical IT at an AIB southeastern U.S. site
On 30 September 2026 AIB said it signed a binding agreement with Nebius for 50 MW of critical IT capacity on an initial 12-year term, backed by a 65 MW utility electric service agreement.
Michigan approves the power contracts for a Google data center
On 1 October 2026 the Michigan Public Service Commission approved DTE Electric’s special contracts to serve a Google data center in Van Buren Township. Google pays for up to 1,600 MW of new renewables and 480 MW of storage. DTE expects service in December 2027.
Dell joins a Japan plan for a 400 MW AI site next to a power plant
On 1 October 2026 JERA, Dell and RHAELM signed an MoU for a repeatable AI-infrastructure model in Japan. The first project, at JERA’s Chiba power station, is described as up to 400 MW and more than $15 billion, with operations targeted around 2028.
Broadcom will lend Anthropic up to $42 billion to lease its chips
Anthropic's confidential prospectus, seen by Reuters, shows the chip supplier also financing about a third of a $125.2 billion lease, repayable in shares. Anthropic flags the conflict of interest itself.
Broadcom's banks start raising $60 billion to fund AI chips for Anthropic
Bloomberg, citing people familiar, says banks are raising $42 billion of senior loans. Per IFR, they are reportedly syndicating at SOFR margins.
Amazon wants to move $8 billion of Nvidia chips off its books
The Financial Times reports Amazon is in talks to put Grace Blackwell chips into an investor-funded vehicle and lease them back. No deal is done, and Amazon has not commented.
SoftBank closes DigitalBridge for about 3.1 billion dollars
On 30 September SoftBank finished buying DigitalBridge, the digital-infrastructure asset manager, for about 3.1 billion dollars of common stock. DigitalBridge stays a separately managed SoftBank subsidiary.
Micron's 54 billion dollar quarter: most of 2027's AI memory is already spoken for
Micron's revenue rose from 11.3 billion dollars to 54.2 billion in a year, at an 87 percent gross margin. It guides to 61.5 billion next quarter and says supply stays tight through 2028.
HPE's first AMD Helios order: 1.2 billion dollars from Vultr
On 30 September HPE said Vultr ordered 1.2 billion dollars of AMD Helios AI racks for U.S. cloud data centers. It is HPE's first Helios win.
NRC issues first U.S. construction permit for a BWRX-300 at TVA Clinch River
On 29 September 2026 the NRC permitted TVA to construct a GE Vernova Hitachi BWRX-300 small modular reactor near Oak Ridge. TVA said no construction date is announced yet.
The FTC opens a safety probe of OpenAI and Anthropic, a day before SoftBank finishes paying in 30 billion dollars
A federal regulator has formally started asking questions of the two leading labs, with demands for documents and testimony expected within weeks. The next day SoftBank completed its OpenAI follow-on, taking its total to 64.6 billion dollars.
Digital Realty: Blackfuel picks Barcelona BCN1 for AI inference on ServiceFabric
On 30 September 2026 Digital Realty said Blackfuel will deploy a multi-megawatt AI inference platform at BCN1 on liquid-cooled Dell AI Factory hardware with AMD GPUs, connected through ServiceFabric.
CoreWeave says Vera Rubin NVL72 is in production, Cognition first
On 30 September CoreWeave announced NVIDIA Vera Rubin NVL72 availability on its cloud, with Cognition running production workloads first.
Broadcom's substrate JV opens in Singapore, production targeted for December
AST, the Broadcom-TOPPAN joint venture, opened Singapore's first high-end FC-BGA substrate plant on 29 September. TOPPAN says operations start in December 2026.
Applied Materials and Kioxia partner at EPIC on next-generation AI memory
On 29 September 2026 Applied said Kioxia will join its Silicon Valley EPIC Center as an innovation partner for memory-cell structures, multi-chip stacking and packaging aimed at higher AI memory density.
Applied Materials and Besi expand AI packaging work at the EPIC Center
On 1 October 2026 Applied and Besi said Besi is joining Applied's Silicon Valley EPIC Center as an Innovation Partner, extending a 2020 hybrid-bonding collaboration into broader interconnects for AI.
Applied Digital says Polaris Forge 1 is now 250 MW operational
On 2 October 2026 Applied Digital reported Ready for Service on another 75 MW at Polaris Forge 1 in North Dakota, taking fully operational critical IT load to 250 MW. Full buildout remains contracted at 400 MW.
Anthropic's IPO prospectus shows 518 billion dollars of future compute obligations against 4.6 billion dollars of 2025 revenue
Reuters has reviewed the draft. Revenue grew 12-fold last year. The commitments behind the AI build-out are larger still, and a quarter of revenue came from two customers.
Anthropic's 518 billion dollar compute bill is mostly locked in. OpenAI's revenue run rate nears 70 billion dollars
Reuters has the partner-by-partner split from Anthropic's draft prospectus: about 80% cannot be cancelled or must be paid regardless of use. The same day, OpenAI's run rate was reported up more than 70% since July.
AMD agrees to acquire World Labs for about 8.2 billion dollars
AMD signed a definitive agreement on 26 September to acquire Fei-Fei Li's spatial-intelligence lab for about 8.2 billion dollars in stock. Close is targeted by the end of 2026, pending approvals.
SoftBank borrowed $11.1 billion to make its last OpenAI payment. The money was there. It cost a point more than in April.
The largest high-yield corporate bond sale on record drew more than $30 billion of orders, per Bloomberg. The coupons, up to 9.75 percent, are the other half of the story, and most of the rise is interest rates, not SoftBank.
The developer of OpenAI's Ohio campus has the leases. The IPO and the debt to build it are proving harder.
SoftBank's SB Energy has delayed its IPO launch, and early talks on a $4.9 billion debt sale reportedly pointed to yields near 10 percent. Nothing has been cancelled. The question is whether the money arrives on the terms the plan assumed.
The two leading AI labs are both behind the IPO timetable. One said so on the record.
OpenAI's CEO says not 2026. Anthropic has reportedly moved from October to November. Neither is a cancellation, but the catalyst the market was counting on is later than it looked.
The 10-year Treasury crossed 5%. Here is the line from there to a data center.
This map wrote 5% down as its warning level before the number arrived. It arrived on Wednesday. What it does and does not mean.
Oracle sent a force majeure notice on a Stargate site. It is a fight about timing, not about whether the money is owed.
A gas pipeline in New Mexico is six months late, and the tenant of a 2.45-gigawatt campus wants the right to delay rent. Oracle says the schedule holds.
Meta's Muse hit 2.8 million downloads in 12 days. Here is why the map didn't change color.
The numbers are real, the market reaction was enormous, and the evidence still isn't the kind that moves anything on this map. That gap is the whole point of the rules.
Oracle says customers have committed $664 billion. Its cash flow went the other way.
Contracted backlog up $209 billion year on year, cloud infrastructure revenue up 121%, capital spending of $28.5 billion and free cash flow of minus $5.4 billion. Both halves are the story, which is why the map calls it mixed.
NVIDIA sold $96 billion of chips in three months. Follow the money backwards.
Revenue doubled, data-center revenue rose 117%, and next quarter is guided to $108 billion. The interesting question is not how big the number is. It is which companies had to exist for it to happen.