Infrastructure, analyzed daily.
AI infrastructure, cybersecurity, power and cooling — the announcements that matter, with the analysis and the unanswered questions the press releases leave out.
A $40B Loan for Nvidia Chips Would Make SpaceX’s AI Buildout a Credit Story
SpaceX is in talks to borrow $40 billion, in financing led by Apollo, to buy Nvidia chips. At that size, how fast SpaceX can add AI computing power…
etisalat’s 20-to-500 Tbps Plan Shows UAE AI Campuses Need Routes Out, Not Just Racks
etisalat plans to lift its international connectivity from 20 Tbps to more than 500 Tbps by 2030, a 25-fold increase announced October 6 in Abu Dhabi. The company…
TeraWulf’s 1 GW Muskie Deal Puts Its 2029 AI Phase on Kentucky Power’s Clock
TeraWulf doubled contracted power at its Muskie Data Campus in Kentucky to 1 GW and pulled its second 500 MW phase forward to 2029. That date now hinges…
A $77.2M Half-Year Loss Makes DayOne’s IPO a Bet on AI Capacity Ahead of Profit
DayOne Data Centers has filed for a Nasdaq IPO under the ticker DODC after a $77.2M first-half 2026 net loss alongside rising revenue. With no earnings to value…
Applied Digital’s 1 GW Finland Deal Buys an AI Power Option, Not Yet a Campus
Applied Digital secured up to 1 GW of potential power capacity in Finland, its first project outside the US, with initial power expected in 2028. What it has…
Everyone Sees Google’s 3.6 GW Deal. AI’s Grid Gain Is the 890 MW of New Nuclear
Google signed a 3.6 GW power deal with Constellation Energy that includes 890 MW of new nuclear capacity for the PJM grid. That new slice, about a quarter…
AOI’s $588M Third Stock Sale of 2026 Shows Its AI Optics Ramp Runs on Equity
Applied Optoelectronics (AAOI) completed its $600 million at-the-market stock offering, netting $588 million from 5.69 million shares at $105.36. It is AOI’s third such sale this year, with…
Keyfactor’s $1B+ Investment at $200M ARR Treats AI Machine Identity as Infrastructure
Keyfactor named former CyberArk CEO Matt Cohen to its board as it closed a $1B+ growth investment led by Summit Partners, past $200M in ARR. A check that…
At 230 MW, atNorth’s Salo Plan Treats Grid Flexibility and Heat as Part of AI Siting
atNorth plans FIN05, a €2 billion data center in Salo, Finland, with 75 MW of secured power for phase one and a path to 230 MW via a…