Monday, October 12, 2026
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Microsoft has revised its OpenAI partnership, ending exclusive access while retaining royalty-free IP rights through 2032 and securing more than $250 billion in future cloud commitments.
Google Cloud revenue topped $20 billion in Q1 2026, though growth was constrained by capacity issues despite surging demand for AI solutions.
Zap Energy is adding nuclear fission to its business model, aiming to address the energy demands of AI data centers that are expected to nearly triple by 2030.
Amazon has integrated OpenAI’s latest models into AWS Bedrock, following a deal that ended Microsoft’s exclusive rights to the AI company’s products.
BloombergNEF reports that the cost to build natural gas power plants has surged 66% in two years, forcing tech companies to rethink their data center energy strategies.
Meta has signed a capacity reservation agreement with Overview Energy that could see satellites beam infrared light to solar farms to power data centers at night.
Maine Governor Janet Mills vetoed a bill that would have established the U.S.'s first statewide moratorium on new data centers until November 2027.
Meta has signed a deal to use millions of AWS Graviton chips, marking a significant win for Amazon’s homegrown processor strategy against cloud competitors.
Vercel says it uncovered evidence of malicious activity predating its April breach, suggesting the incident may be larger in scope and duration than initially reported.
Thinking Machines Lab signed a multibillion-dollar agreement to expand its use of Google Cloud’s AI infrastructure, marking its first major cloud services partnership.
Google Cloud has earmarked a new $750 million budget to help its partners sell AI agents to enterprises, aiming to deepen its integration with the startup ecosystem.
Fermi CEO Toby Neugebauer and CFO Miles Everson have departed the AI nuclear power firm, causing shares to drop 22% amid a broader strategic pivot.
Vercel confirmed a security breach originating from Context AI, which may affect hundreds of users across many organizations.
The U.S. Energy Information Agency plans to mandate energy usage disclosures for data centers nationwide following pressure from lawmakers to address the industry's growing power consumption.
Allbirds has sold its footwear business for $39 million and is pivoting to become NewBird AI, a GPU-as-a-Service provider, subject to stockholder approval.
Parasail raised $32 million to expand its global cloud infrastructure, aiming to lower inference costs for startups by orchestrating processing across 40 data centers in 15 countries.
Fluidstack is reportedly in talks to raise $1 billion at an $18 billion valuation, potentially doubling its worth just months after its previous funding round.
Hackers have reportedly stolen data from at least a dozen companies following a breach at Anodot, with the ShinyHunters group threatening to release the information.
Kepler Communications and Sophia Space are partnering to test orbital software on Kepler’s existing compute cluster, a key step toward proving the viability of space-based data processing.
Google and Intel have expanded their multiyear partnership to co-develop custom infrastructure processing units and utilize Intel’s Xeon processors for AI and cloud workloads.