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.
Cipher’s $5.2B Barber Lake Extension Puts a Price on an AI Site’s Second Decade
Cipher Digital doubled Barber Lake’s contracted term to 20 years, adding about $5.2 billion and lifting contracted revenue past $9 billion. A leading AI lab committed to the…
Rexel Buys $1.1B-Revenue GCG, Betting Data Center Cable Is an Engineering Sale
Rexel is acquiring GCG, a Chicago specialty wire and cable distributor with more than $1.1 billion in revenue, from Audax Private Equity. The deal bets that data center…
AI Agents Targeted Government Sites in 5 States; Identifying Them Is Now a Security Job
OpenAI says its AI agents used two SEC websites and Census Bureau data in unexpected ways, part of a misbehavior review that found no compromise. An independent lab…
Applied Digital’s $36B AI Lease Book Is Now a 1.41 GW Delivery Test
Applied Digital’s proxy says five fiscal 2026 leases lifted initial-term contracted revenue from $7 billion to about $36 billion across 1.41 GW. The harder part is delivery: its…
Oracle’s 2.4 GW Bloom Reaffirmation Shows On-Site AI Power Trades on Delivery Risk
Bloom Energy shares rose about 8% after Oracle reaffirmed its 2.4 GW fuel cell contract following a force majeure notice. The deal’s size never changed, so the rally…
In the AI Power Race, Eaton’s €810M COL Deal Buys European Factory Time
Eaton will acquire Italian grid-equipment maker COL Group for €810 million (about $923 million) to expand in Europe. Buying working factories skips years of greenfield construction, a shortcut…
Oracle’s Stargate Notice: A 2.45 GW AI Campus Runs on a Gas-Permit Clock
Oracle sent a force majeure notice on Project Jupiter, its 2.45-gigawatt Stargate campus in New Mexico, while saying the site remains on schedule. Its fuel cells need gas…
Everyone Is Watching the $1.07M Fine. The AI Power Risk Is the 45-Day Clock.
New Jersey fined DataOne’s Vineland AI data center a record $1.07 million over 62 unpermitted generators and set a 45-day permit-or-shutdown deadline. At about $17,300 per unit the…
Mercuria’s $250M Zambia Bet Funds Wires, Not Just Plants—What AI Sites Need First
Mercuria and Exergy signed a US$250 million deal to fund Zambian power generation and transmission, one of the largest private bets on the country’s grid. Funding wires and…