Nvidia is reportedly investing up to $3 billion in Lancium, a Texas power-infrastructure developer tied to the Stargate data-center project, with an initial $2 billion for a 20% stake and up to $1 bil…
The AI bubble will not burst because AI fails but because deployable supply and capital commitments grow faster than monetizable demand, according to Breaking Analysis. Global semiconductor revenue is…
Oracle Corp.'s credit rating was cut to BBB- by S&P Global Ratings on July 9, 2026, and its stock has fallen more than 60% from its September 2025 high, as investors question whether the company's mas…
OpenAI has shut down its agentic browser ChatGPT Atlas less than a year after launch, citing strong competition from Google Chrome and a decision to bundle the product into ChatGPT. The company also d…
Texas Gov. Greg Abbott in June 2026 recommended eliminating the state's sales tax exemption for data centers, a policy that had attracted billions in AI infrastructure investment, citing a projected $…
OpenAI plans to spend over $30 billion on a 3.2-gigawatt data center near Savannah, Georgia, codenamed Project Camellia, with $20 billion committed to qualify for local incentives. The company is open…
The Wisconsin Public Service Commission has declined to reopen its April 2026 order requiring data center operators with credit ratings below A-/A3 to post collateral, saddling Oracle with an estimate…
OpenAI is accelerating its Stargate AI infrastructure initiative, targeting $500 billion in investment over four years, with a $16 billion campus groundbreaking in Saline Township, Michigan in June 20…
OpenAI has appointed Uday Ruddarraju as its chief technology officer for compute, the company announced. Ruddarraju, who joined OpenAI last July as head of compute and infrastructure after leaving xAI…
Oracle faces multibillion-dollar cost overruns at its AI megacampuses, with capital expenditures surging from $21.2 billion in fiscal 2025 to a projected $90-95 billion in fiscal 2027, while banks inc…
OpenAI CFO Sarah Friar published a scorecard for measuring AI return on investment, arguing that AI must be measured by the work it accomplishes rather than traditional software metrics like adoption.…
SoftBank Group deployed OpenAI's AI-driven patching service, Patching as a Service (PaaS), through their joint venture SB OAI Japan, targeting 3,000 critical infrastructure firms. SoftBank reported 30…
Oracle's massive $300 billion cloud compute contract with OpenAI has driven its credit rating to the brink of junk status, with S&P Global downgrading it to BBB/A-2 and warning that OpenAI's financial…
Elon Musk and Sam Altman escalated their public feud on July 11 with accusations over space data centers and Grok 4.5 adoption, revealing a strategic split between orbital compute and terrestrial AI i…
Nvidia and a consortium of tech companies are in advanced talks to acquire a minority stake in Lancium, the power infrastructure developer behind the Stargate AI data center campus in Texas, in a deal…
Microsoft's greenhouse gas emissions surged 25% in fiscal 2025, driven by the expansion of data center infrastructure to support AI workloads. The company's Scope 2 emissions rose as it stopped purcha…
AI data centers in Texas are exploiting regulatory loopholes to install massive fossil fuel power plants, emitting pollution equivalent to millions of cars by 2030. The state has become the epicenter …
A Floodlight investigation found that Texas regulators have allowed AI data centers like OpenAI's Stargate to bypass major air permits by obtaining minor permits, enabling construction of natural-gas …
Grid interconnection delays, not electricity shortages, are slowing AI data center construction, with projects like Stargate in Abilene, Texas, facing multi-year waits for utility studies and transmis…
The AI buildout is being slowed by grid interconnection bottlenecks, not a lack of electricity. Projects like OpenAI and Softbank's Stargate in Texas require up to 1.2 gigawatts, but median interconne…