Firmus, an AI data centre operator backed by Nvidia, Blackstone and Jane Street, has abandoned plans for a stock market debut that would have valued it above $30bn, citing market volatility and investor interest. The company said it will instead seek funding through private markets while weighing other public and private options. The withdrawal follows UniSuper and other institutional investors declining to join the IPO over valuation concerns.
bbc.co.uk
· 2026-10-09
A report from the Texas-based Collapse Survival Institute, authored by retired Air Force Colonel Drew Miller, claims people living near AI data centers could become targets if a 'misaligned' artificial intelligence were to escape human control. The report cites former Anthropic researcher Jacob Coxon, who has said there is more than a 10% chance AI could cause human extinction, and calls on Congress to halt new data center construction and require 'kill switch' infrastructure.
futurism.com
· 2026-10-07
Arthur Hayes, co-founder of Maelstrom, said at the Gamma Prime Investing Conference in Singapore that trillions of dollars being poured into AI data centers will result in massive overcapacity. He argues this will lead to a crash followed by a government bailout, similar to past financial crises, which he believes will ultimately push bitcoin and other cryptocurrencies higher.
cnbc.com
· 2026-10-07
On CNBC's Mad Money, Jim Cramer said established tech giants like Meta and Microsoft remain among the best ways to invest in AI, citing their management and multiple revenue avenues. He noted his CNBC Investing Club holds both stocks, pointing to Meta's Muse monetization plans and Microsoft's Copilot and Azure growth as reasons for confidence, with Microsoft shares recovering from a 52-week low of $350 to around $529. Cramer also mentioned AMD and Intel as semiconductor plays worth watching.
cnbc.com
· 2026-10-06
A selection of ten companies are developing advanced solutions such as mobile flood barriers, solid-state batteries, and nuclear reactors to combat climate change. These firms exemplify key shifts in climate technology, including energy-intensive AI infrastructure. The list aims to highlight the most impactful players tackling urgent environmental issues.
technologyreview.com
· 2026-10-06
Several technological advancements are shaping the future of computing, including AI-driven chip design tools, next-generation workstations optimized for advanced GPUs, and improved methods for data transfer in AI applications. These innovations extend beyond raw processing speed, focusing on data transmission, power efficiency, and system reliability in data centers.
fastcompany.com
· 2026-10-06
The US Senate voted 57-43 on September 30, falling three votes short of the 60 needed to advance the Ratepayer Protection Act, killing the bill after it had already passed the House. The legislation, introduced by Senator Jon Husted, would have directed state regulators to consider requiring data centers and other large power consumers to cover the infrastructure costs tied to their energy use.
tomshardware.com
· 2026-10-05
According to the New York Times, Meta has been classifying its massive data center construction projects as experimental 'pilot models' under a decades-old R&D tax credit, allowing it to claim billions in federal tax savings. The company reportedly saved $2 billion in 2024 and nearly $4 billion in its 2025 fiscal year, making it the largest known beneficiary of the credit among public companies, per securities filings cited by the Times.
futurism.com
· 2026-10-03
Google is testing a prototype data center positioned in space to explore running AI workloads beyond Earth's surface. The initiative examines whether solar power and the vacuum of space can support computing infrastructure typically housed in terrestrial facilities.
science.slashdot.org
· 2026-10-03
The New York Times reported that Meta has been securing tax credits and incentives from local governments to help finance construction of its AI-focused data centers. The report characterizes this practice as controversial, noting that taxpayers are effectively subsidizing part of the infrastructure build-out for a highly profitable company.
gizmodo.com
· 2026-09-30
A gathering billed as a 'pro-data center party,' organized by journalist Jonas Du and nonprofit Young Voices, was held at a Washington, DC bar over the weekend. Protesters interrupted the event multiple times, shouting objections before being escorted out by security amid boos and chants from attendees. Protesters later said they oppose data centers because of rising energy bills tied to the facilities.
futurism.com
· 2026-09-30
Two trailers bearing Nvidia and PlusAI logos were stolen from the autonomous trucking startup's facility, according to Wired. The trailers, which were parked outside and secured only with hand locks, actually contained 20,000 pounds of sand each used for road-testing simulations rather than any AI hardware. The theft was discovered after an acquaintance of a PlusAI executive spotted the trailers near their workplace.
tomshardware.com
· 2026-09-27
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