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Tech News
Google announced a 13 billion euro ($15.1 billion) investment to build out AI infrastructure in Finland, making it the company's largest single investment ever made in Europe. The move underscores Finland's growing appeal to hyperscalers seeking abundant land and power resources that are increasingly scarce elsewhere on the continent.
Brian Nosek, executive director of the Center for Open Science, announced that as of 16 November the Open Science Framework will no longer accept new uploads of code, data or supplementary materials, though existing public files will remain online. Private files must be deleted or made public by users, or they will automatically become public after the deadline. Preregistration services and the platform's 14 preprint servers will continue operating unaffected.
Corning shares jumped 8% after announcing a multibillion-dollar partnership with Verizon to build fiber-optic cables for AI data centers, extending its 2025 gain to 90%. Qualcomm also rose after disclosing it issued Amazon warrants worth up to $4 billion in stock as part of a deal where AWS will buy up to $60 billion in Qualcomm server chips, with revenue starting in the December quarter. The news lifted other AI infrastructure stocks including Intel, AMD, HPE and Coherent.
Storage prices are climbing fast as AI data centers consume the supply of NAND flash and hard drive components once reserved for consumer products. A 2TB SSD that cost $120-$200 last year can now run close to $400, while even small 256GB drives have jumped several times over their previous $25 price point. Portable drives used for everyday backups have also nearly doubled in cost within months.
Qualcomm's stock rose 4% on Tuesday following news that it will supply customized silicon for Amazon Web Services' AI infrastructure, with a focus on inference workloads. As part of the deal, Qualcomm granted Amazon warrants to purchase 25 million shares at $161.26 each, valuing the arrangement at roughly $4 billion.
Thailand's government has asked operators of 49 data centers under construction to voluntarily halt work while officials draft comprehensive legislation covering the industry, according to NESDC secretary-general Danucha Pichayanan. The country currently lacks specific laws for data centers, resulting in loopholes such as facilities being zoned as warehouses next to hospitals, and officials plan to spend about a month drafting rules after gathering data from agencies through September 11.
Former Opendoor CEO Eric Wu has emerged from a year-long break to found a new company, now out of stealth since May, that builds AI-powered voice assistants for construction and field workers. The tool acts as a hands-free coach guiding laborers through tasks, aiming to address a labor shortfall the industry group Associated Builders and Contractors pegs at roughly 349,000 missing workers this year.
A June fire at the unfinished Lake Mariner data center in Somerset, New York, left local firefighters battling smoke from unidentified chemicals with no working alarms, no suppression system, and three dry hydrants. TeraWulf, which owns and operates the site under a complex arrangement involving Fluidstack, Google, and Anthropic, said the required safety documents were destroyed in the blaze. Months later, the fire chief said promised fixes like functioning hydrants still had not been completed.
A viral video shows a large data center in Denver's Elyria-Swansea neighborhood running sprinklers heavily on its grounds while residents face stage-one drought restrictions limiting lawn watering to two days a week. The facility is believed to be an 18-megawatt, 170,000-square-foot site owned by cloud provider CoreSite, though the tenants using the space haven't been confirmed.
A Bitcoin mining data center in El Reno, Oklahoma, owned by Athlon Blockchain LLC, has been condemned after leaking roughly 3 million gallons of water, prompting closures of schools, businesses, and city and county offices. The facility had reportedly continued construction and operations despite a 2023 city Stop Work Order tied to fire and safety code violations and expired permits.
X reported identifying roughly 200 accounts tied to China that it says were amplifying anti-data center rhetoric on the platform, sparking coverage framing local opposition as foreign manipulation. President Trump quickly echoed the claim on Truth Social, suggesting China benefits from the backlash against US data center construction, even as public polling shows growing domestic opposition to these projects regardless of any outside influence.
A group called Build American AI, backed by venture capitalists Marc Andreessen and Ben Horowitz and OpenAI president Greg Brockman, is launching a multimillion-dollar advertising push in states like Ohio, Wisconsin and Kansas to counter growing public opposition to AI data centers. Brockman's $100 million super PAC, Leading the Future, is reportedly financing the campaign, which frames pushback against data centers as a threat to jobs and American competitiveness.