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Data center construction grows 64.5% as other building sectors shrink, analysis shows

An economic essay by writer Derek Thompson, citing Harvard economist Jason Furman's data, shows data center construction spending surged 64.5 percent over the past year while nearly every other construction category declined. New energy infrastructure grew 4.1 percent to support AI-driven electricity demand, while manufacturing construction fell nearly 24 percent, education fell 12.6 percent, and healthcare and retail construction each dropped about 10.1 percent.

Third Yandex Cloud Data Center Reportedly Hit

A report indicates that a third data center belonging to Yandex Cloud has been struck, though specific details about the nature of the incident were not disclosed in the available source material.

Nscale's $20B West Virginia data center threatens rare blight-resistant chestnut grove

A grove of about 200 blight-resistant American chestnut trees in West Virginia is at risk of being cleared for Nscale's planned 'Monarch Compute Campus,' a data center project developed with Nvidia and Caterpillar. The facility is slated to eventually cover more than 2,250 acres and deliver 8 gigawatts of computing capacity for AI firms including Anthropic, backed by over $20 billion in investment.

Nvidia reportedly ends GeForce RTX 5090 production, redirects GB202 chips to AI cards

According to leaked factory notices cited by hardware leakers @hongxing2020 and @Zed__Wang, Nvidia has stopped producing GB202 chips for consumer RTX 5090 graphics cards, including Chinese 'D' variants. The notice claims the RTX 5080 24GB will become the new top consumer GeForce model, with the RTX 5080 16GB being discontinued. Nvidia has not confirmed the claim and typically does not comment on rumors.

Drone strike disables modules at Yandex's largest data center in Kaluga, Russia

A Ukrainian drone attack hit Yandex's Kaluga data center, Russia's largest, with Russian state media outlet TASS confirming several modules were completely taken out of service. The facility, covering 1.4 million square feet with over 3,800 server racks and 63 megawatts of power capacity, had only opened in late 2023 and hosted Yandex's internal services and cloud operations.

Drone strike disables modules at Yandex's Kaluga data center

Russian state media TASS reported on October 9 that a drone attack hit Yandex's data center in Kaluga's Grabtsevo industrial park, completely disabling several of its modules. The facility, Yandex's largest in Russia, spans about 130,000 square meters with a planned 63-megawatt capacity and over 3,800 server racks. This comes just two days after satellite imagery showed damage from a separate drone strike on another Yandex data center in Sasovo, Ryazan region.

Ransomware attack hits IDC Frontier's IDCF Cloud, 495 clients affected

IDC Frontier, a SoftBank Group subsidiary, reported that its IDCF Cloud service suffered a ransomware attack beginning October 7 at 3:40 AM local time, disrupting its East Japan Region 1 data center cluster. The company said 495 businesses and local government bodies using the cloud platform were affected, and it has disabled management console access across all regions while checking security.

Majority of Americans Oppose Rapid AI Development, Call for Regulation

A recent survey shows that 64% of Americans believe AI is advancing too quickly, with broad bipartisan concern about its pace. Most respondents support government efforts to keep AI under human control and safeguard jobs, while also emphasizing environmental and economic priorities. President Trump’s resistance to slowing AI progress has drawn criticism from the public, reflecting widespread apprehension about the technology’s trajectory.

Gober and Rourk vie for Texas’ 10th district amid tech and AI ties

Chris Gober, a Republican candidate with connections to Musk’s PAC and AI lobbying, is contesting Texas’ newly redrawn 10th district against Democrat Caitlin Rourk. Gober’s background includes legal work related to redistricting, data centers, and defense tech, with the district hosting plans for a major semiconductor manufacturing facility by SpaceX and Tesla. The race highlights the influence of Silicon Valley interests and AI regulation debates in upcoming elections.

Yandex halts operations at key Russian data center after drone strike

Yandex suspended services at its Sasovo data center in Ryazan following a drone attack that caused a fire, leading to partial service disruptions. The company confirmed no casualties and noted emergency responders are managing the situation. The attack is part of broader Ukrainian efforts targeting Russian infrastructure amid ongoing tensions.

Center for Humane Technology downsizes staff, shifts to founder-led initiatives

The Center for Humane Technology is laying off approximately half of its non-founder employees, ending its policy research and litigation activities. The organization will now concentrate on projects led by its founders, including public education and private outreach, following internal debates and recent legal victories against social media companies. The shift aims to streamline efforts amid rising AI risks.

Cramer highlights AI stocks' resilience amid rising interest rates and bond market volatility

Jim Cramer explained that increasing borrowing costs are creating a divide in the stock market, with traditional sectors facing constraints while AI-related companies remain largely unaffected. The recent Treasury bond auction, which saw strong demand and a brief yield spike, underscored the importance of borrowing costs for equities. AI firms like data centers, semiconductors, and cybersecurity companies continue to access financing easily, contributing to their market outperformance.