New York lawmakers propose three-year data center moratorium
New York lawmakers have introduced a bill to impose at least a three-year moratorium on new data center permits, joining a growing list of states considering similar restrictions.
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Compute & Cloud
246 storiesAmazon leads big tech in 2026 capital expenditure projections
Amazon projects $200 billion in 2026 capital expenditures, leading a wave of massive AI infrastructure spending across Big Tech that has left investors increasingly skeptical.
SpaceX files for million-satellite data center network
SpaceX has filed plans for a million-satellite data center network, following a formal merger with xAI to target orbital AI infrastructure by 2028.
Vema Hydrogen targets data centers with geologic hydrogen
Vema Hydrogen has signed a deal to supply California data centers, aiming to produce low-cost geologic hydrogen that could eventually undercut traditional industrial production methods.
Snowflake signs $200 million deal with OpenAI
Snowflake has signed a $200 million multi-year deal with OpenAI, signaling a broader enterprise strategy to partner with multiple AI providers rather than relying on one.
India offers zero taxes through 2047 to lure global cloud providers
India is offering foreign cloud providers zero taxes through 2047 on services sold outside the country, aiming to accelerate its development as a global AI infrastructure hub.
SpaceX seeks FCC approval for 1 million satellite data centers
SpaceX has filed with the FCC to launch up to 1 million solar-powered satellites to serve as AI data centers, a proposal facing significant regulatory hurdles.
Marquis blames firewall provider SonicWall for data breach
Fintech firm Marquis believes its August 2025 ransomware attack was caused by a data breach at its firewall provider, SonicWall, and plans to seek compensation.
TikTok works to restore U.S. infrastructure after power outage
TikTok is working to restore U.S. infrastructure following a data center power outage, though the company notes that users may still experience technical issues.
Nvidia invests $2 billion in CoreWeave to scale AI infrastructure
Nvidia has invested $2 billion in CoreWeave, aiming to help the company add more than 5 gigawatts of AI computing capacity by 2030.
Microsoft 365 services hit by outage in North America
Microsoft is experiencing an ongoing outage in North America, disrupting access to enterprise services including email, file management, and security dashboards.
Blue Origin unveils TeraWave satellite internet network
Blue Origin has announced TeraWave, a satellite internet network targeting enterprise and government customers with speeds up to 6 Tbps, with initial deployment planned for late 2027.
Tesla revives Dojo3 project for space-based AI compute
Tesla aims to restart its Dojo3 chip project, pivoting the previously abandoned effort toward space-based AI compute to reduce reliance on external partners.
AI cloud startup Runpod scales to $120 million ARR
Runpod, an AI app hosting platform, has reached a $120 million annual revenue run rate after bootstrapping its early growth and raising a $20 million seed round.
EPA rules xAI’s natural gas turbines were illegally operated
The EPA ruled that xAI’s use of natural gas turbines at its Tennessee data center was illegal, rejecting the company’s argument that the equipment was exempt.
Trump administration pushes PJM to force tech power funding
The Trump administration is pressuring grid operator PJM to force tech companies to fund $15 billion in new power generation, even if they do not need the capacity.
Microsoft taps India’s Varaha for carbon removal credits
Microsoft signed a deal to purchase more than 100,000 tons of carbon removal credits from Indian startup Varaha through 2029 to support its carbon-negative goals.
OpenAI signs multi-year compute deal with Cerebras
OpenAI has signed a multi-year agreement with chipmaker Cerebras to secure 750 megawatts of compute in a deal reportedly worth over $10 billion.
Microsoft shifts data center strategy amid rising local opposition
Microsoft announced a "community-first" AI infrastructure strategy, pledging to cover its own electricity costs to mitigate public backlash against data center expansion in the US.
Meta plans massive energy expansion for AI compute
Meta has launched "Meta Compute," an initiative to drastically expand its energy footprint and build out AI infrastructure to support its long-term model development.