OpenAI has partnered with Foxconn to co-design and prepare U.S. manufacturing for next-generation AI data center hardware, strengthening domestic supply chains and accelerating deployment of advanced compute systems.
Google executives told employees the company must double its compute capacity every six months to keep pace with surging demand for AI services, underscoring the rising cost and competition in cloud infrastructure.
SoftBank plans to invest up to $3 billion to convert an Ohio EV plant into a facility producing modular data center equipment for OpenAI’s expanding U.S. infrastructure.
Elon Musk announced a 500-megawatt xAI data center in Saudi Arabia, built with HUMAIN AI and powered by Nvidia chips, expanding the company’s global compute footprint.
A massive Cloudflare outage shut down major AI platforms worldwide, disrupting ChatGPT, AWS AI services, and other critical AI infrastructure.
AI-driven demand for HBM chips is tightening memory supply, raising prices and pressuring consumer electronics and automotive sectors heading into 2026.
Oracle’s bonds are under pressure after reports indicated the company may take on an additional $38 billion in debt to expand its AI and cloud infrastructure, raising concerns among investors.
Spain’s ACS and BlackRock’s Global Infrastructure Partners have created a €2 billion joint venture to develop a 1.7GW data center portfolio as demand for AI and cloud infrastructure accelerates.
AMD CEO Lisa Su dismissed fears of an AI spending bubble, saying Big Tech’s aggressive investments in computing infrastructure are essential to accelerating innovation and long-term growth.
GlobalFoundries beat Wall Street expectations for Q3 and issued upbeat guidance for Q4, citing strong demand from automakers and data center clients amid rising AI and EV chip needs.
Microsoft-backed startup Veir is adapting superconducting cables for data centers, offering systems that deliver megawatts of power in minimal space while reducing heat and energy loss.
AI startup Wonderful secured $100 million in Series A funding led by Index Ventures to expand its multilingual, enterprise-grade AI agent platform across new global markets.