AI stocks fall after the US midterms, Marvell and Lumentum agree to a $115 billion merger, and more - Silicon Brief #95

In this edition, covering 2 to 8 November:

• The Nasdaq 100 fell 6.3% and AMD shares fell 13% after Democratic election gains raised fears of tighter AI regulation and data center delays.
• Marvell and Lumentum agreed to combine in an all stock deal valued at about $115 billion.
• Anthropic's amended IPO filing lists about $895.4 billion in purchase and lease commitments and $17.0 billion in third quarter revenue.

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This list covers AI interconnect and networking startups.

AI interconnect and networking startups

US elections and AI stocks

AI stocks fell in overnight trading after Democrat Gina Hinojosa was projected to win the Texas governor race, as investors weighed her support for a data center moratorium. The Nasdaq 100 fell 6.3% on fears of tighter AI regulation, and mixed earnings from Qualcomm and Arm added to concerns over returns on AI investment. AMD shares fell 13% on 5 November despite record third quarter revenue, while NVIDIA fell 7%, Intel 8% and Broadcom 6%. Texas result · Nasdaq 100 · AMD shares

Taiwan's Taiex fell 3.2% to 41,574.72 on concerns about delayed US AI data center deployment, and foreign investors sold NT$102.46 billion in shares. Initial returns show voters approved about two dozen measures restricting or blocking data center construction across 10 states. Governor elect Hinojosa plans to extend the Texas data center moratorium until lawmakers pass new rules, including local votes on projects and limits on subsidies. Taiex · Ballot measures · Texas moratorium

Bernie Sanders and newly elected Democrats renewed calls for national and local data center moratoriums after the midterm results. Democrats in Congress are preparing bills requiring independent evaluations of advanced models, clarifying corporate liability for AI harms and addressing data center infrastructure demands. National Economic Council director Kevin Hassett says US data center construction will continue and growth can shift to states with more supportive policies. Moratorium calls · AI bills · Hassett

Meta President Dina Powell McCormick said the results could make building data centers harder, and Meta will seek local support by funding electricity and hiring locally. OpenAI CFO Sarah Friar said the company will keep investing in AI infrastructure after voters rejected data center proposals. In an NBC News exit poll, 56% of voters said AI data centers mattered to their congressional vote, and 76% opposed a new data center in their community. Meta · OpenAI · Exit poll

A USC Annenberg survey of 2,980 Americans found that 77% say the US government does too little to regulate data centers and 76% say the same about AI. A North Dakota Poll found that 57% of respondents support traditional data centers, while 45% oppose facilities focused on AI computing. USC survey · North Dakota

Anthropic

In an amendment to its IPO filing, Anthropic disclosed about $895.4 billion in purchase and lease commitments and $17.0 billion in revenue for the quarter ended 30 September. It reported a $567 million operating loss for that quarter after $974 million in operating income the quarter before, mainly because of $5 billion in short term compute commitments. Anthropic is reportedly presenting Claude's chip design abilities to investors and has approached electronic design automation firms for chip design data. IPO amendment · Operating loss · Chip design

Microsoft

Microsoft is gradually ending a 2023 AI computing lease with Oracle whose servers use older Nvidia chips, as part of a review of more than $80 billion in external cloud commitments. Microsoft will not exercise an option worth tens of billions of dollars to expand its Texas compute deal with Nscale, the FT reported; a person familiar told Reuters the existing contract is unaffected. Aker CEO Øyvind Eriksen called Microsoft's cancelled Nscale capacity agreement in Essex a minor contract and said Nscale is pursuing a US IPO. Oracle lease · Nscale Texas · Aker

Microsoft says organizations in the EU and EFTA can use Anthropic's Claude models in Copilot with data processed within the EU Data Boundary by the end of 2026. Claude in the EU

Hyperscaler spending and financing

Amazon, Google, Microsoft and Oracle plan to raise more than $131 billion through loans, bonds and stock offerings for AI infrastructure, including a potential $80 billion Amazon loan facility. Oracle filed for a $10 billion common stock offering alongside a separate $10 billion senior notes offering. Alphabet, Amazon, Meta, Microsoft and Oracle spent a combined $4.4 billion on buybacks in the third quarter, the lowest since 2017, Kobeissi Letter figures show. $131 billion · Oracle offering · Buybacks

Oracle ended a proposed deal, estimated at $7 billion, for Tencent to lease about 100,000 AI chips in its Southeast Asian data centers, the Financial Times reports. Apple reported record September quarter revenue of $114.5 billion and said expanding Siri AI services will add cloud and revenue deferral costs. Alphabet bought nearly 3 million Qualcomm shares worth about $547.9 million as Qualcomm expands into AI data center chips. Oracle and Tencent · Apple · Alphabet and Qualcomm

Google data centers

Google will invest $17 billion in its first Wyoming data center in Laramie County, with a planned 702 MW fuel cell plant with carbon capture and air cooling to reduce water use. Google bought Crusoe's unfinished southeast Wyoming site for the project, which ends Crusoe's predevelopment work; terms were not disclosed. Google also plans to invest $15 billion in Malaysian data centers in 2027 and 2028, bringing 1GW of clean energy capacity to Malaysia's grid. Wyoming · Crusoe site · Malaysia

Michigan regulators approved DTE Energy's energy contracts with Google for a planned data center in Van Buren Township, and DTE agreed to sell DTE Vantage for about $3 billion. Google, Meta, Microsoft, Oracle, Amazon, Nvidia and Anthropic are negotiating data center guidelines with the NRDC, WWF and Sierra Club, with meetings running through February 2027. DTE Energy · Guidelines

OpenAI

OpenAI launched a Grid Protectors Program to cut demand at its future US campuses during grid strain, with up to 1,000 MW of flexible demand at its Georgia campus. OpenAI also published a National Community Compact covering community input, energy costs, water and noise reporting and local hiring at US compute campuses it owns. Effingham County commissioners delayed a vote on the 1,347 acre Project Camellia site plan and will discuss a possible data center moratorium. Grid Protectors · Community Compact · Project Camellia

Speaking in Abu Dhabi, CEO Sam Altman named electricity supply as the sector's main physical constraint, and OpenAI announced partnerships with G42 and Abu Dhabi National Oil Company. OpenAI lobbyist Chris Lehane is privately advising prospective 2028 presidential candidates that opposing data center construction could weaken the US position in AI. OpenAI is offering GPT-5.6 Cyber to approved customers in AWS GovCloud (US-East) through Daybreak Red and Amazon Bedrock. Abu Dhabi · 2028 candidates · GPT-5.6 Cyber

SpaceXAI

SpaceXAI plans two more sites in Southaven, Mississippi, for Colossus 2 that will hold about 420,000 Nvidia GB300 GPUs, with operations planned for November and December 2026. SpaceXAI, now styled SpaceXSI, applied to build a campus needing up to 6GW on 747 acres in Cochise County, Arizona, with a county decision scheduled for 9 December. xAI installed eight converted jet engines burning natural gas for Colossus 2 as grid connections face delays, and OpenAI and Crusoe use or order similar turbines in Texas. Mississippi · Arizona · Jet engines

Chip and hardware results

AMD reported record third quarter revenue of $13.4 billion, up 45%, with Data Center revenue nearly doubling to $8.5 billion, and expects about $17 billion in the fourth quarter. Qualcomm reported fiscal 2026 revenue of $43.1 billion and says fiscal 2027 will include the ramp up of its Data Center business. Arm's fiscal second quarter revenue rose 27% to $1.443 billion, and its data center royalties doubled. AMD · Qualcomm · Arm

Supermicro reported first quarter fiscal 2027 net sales of $19.9 billion and expects $72 billion to $82 billion for the full year. Arista's third quarter revenue rose 58.5% to $3.66 billion, and it expects $3.9 billion to $4.0 billion in the fourth quarter. Applied Optoelectronics reported record third quarter revenue of $269.9 million and forecasts $385 million to $420 million for the fourth quarter. Supermicro · Arista · Applied Optoelectronics

Camtek reported record third quarter revenue of $161.3 million and expects more than $800 million in 2027. VIAVI's fiscal first quarter revenue rose 56.9% to $469.3 million, and it authorized a new $500 million share repurchase program. Innodisk's third quarter revenue rose 579.9% to NT$25.9 billion, with AI related businesses at more than 40% of group revenue. Camtek · VIAVI · Innodisk

SEMI says global silicon wafer shipments reached 3,756 million square inches in the third quarter, up 13.4% from a year earlier. Wafer shipments

Chip deals, Nvidia and China

Marvell and Lumentum agreed to combine in an all stock deal valued at about $115 billion, with Marvell shareholders owning about 67% of the combined company. Analog Devices completed its purchase of Alif Semiconductor, which makes AI microcontrollers and fusion processors. Supermicro will initially buy 10,000 SambaNova SN50 RDUs to build inference systems that combine SambaNova chips with Nvidia GPUs, SambaNova says. Marvell and Lumentum · Alif · SambaNova

Nvidia told overseas cloud partners to make at least 51% of their service sales from companies outside China, the Financial Times reports. A South Korean smuggler reportedly moves Samsung and SK hynix HBM to China by packaging it with low performance processors that pass export checks. Bloomberg reports that Baidu's chip unit Kunlunxin may delay its Hong Kong IPO to 2027; Baidu denies the market rumors. Nvidia and China · HBM smuggling · Kunlunxin

TSMC is considering making 3D DRAM at Nvidia's request, The Information reports, with no production timeline set. NVIDIA CUDA 13.5 makes Vera Rubin support generally available for enterprise production. NVIDIA says its Vera CPU delivers twice the agent tasks per megawatt of AMD's 256 core EPYC Venice. TSMC 3D DRAM · CUDA 13.5 · Vera CPU

Nvidia's board opened an independent investigation into chief executive Jensen Huang after reports that he was targeted by Chinese intelligence; a US intelligence memo claimed a Megaspeed executive was recruited to spy on him, reports say. Board investigation · Intelligence memo

Chinese firms cleared to buy Nvidia H200 chips include New Matrix and Maginfra, which had empty offices and links to Wise Road and Inspur. Rebellions will connect its R200 chips to Nvidia's NVLink Fusion platform for Korean sovereign AI systems that SK Telecom plans to deploy in 2028. H200 buyers · Rebellions and SK Telecom

SMEE says more than 90% of the key parts in its KrF and i line scanners are made in China and both are in volume production. SMEE

New chips and chip startups

Tesla says its SI6 inference chip will deliver 80 times the compute and nine times the memory of the current SI4, and its Dojo 3 training chip will use chiplets and stacked HBM. AMD's Instinct MI350P is its first new PCIe AI GPU in four years, with 144GB of HBM3E and up to 4.6 PFLOPS of MXFP4 performance. Zyphra released open source FP8 attention kernels for AMD MI355X GPUs that ran 1.16 to 1.76 times faster than AMD's AITER library. Tesla · MI350P · Zyphra

Supermicro, IBM and NVIDIA launched a shared KV cache system that showed up to 56 times lower time to first token for 130,000 token prompts in tests. Skymizer and MiTAC will show Moonshot AI's 2.8 trillion parameter Kimi K3 on one air cooled server with eight HTX301 cards at SC26. ARIA will deploy Lumai Iris optical inference servers in its Scaling Inference Lab, and Lumai says they could cut inference power use by up to 90%. KV cache · Skymizer · Lumai

Tenspresso, a three month old chip startup founded by former Google TPU engineers, is discussing a round of at least $50 million at a $500 million valuation, Bloomberg reports. The European Commission launched a €525 million platform, including €440 million in grants, for chip design startups and small firms. Zhuhai based Amicro, whose chips are used by Xiaomi, iRobot and Ecovacs, is offering shares in Hong Kong, with trading expected from 12 November. Tenspresso · EU chip design · Amicro

South Korea will allocate 21.3 trillion won to AI and semiconductors next year, President Lee Jae-myung says, about double this year's spending. South Korea's Science Ministry and AMD held their first steering committee meeting on a July memorandum covering AI computing infrastructure and talent training. Intel joined the Semiconductor Pathways Fund, which plans to raise $20 million to support 6,700 semiconductor students by 2028. Korea budget · Korea and AMD · Intel fund

Raytheon will design and demonstrate photonic circuit technology that processes signals with light for DARPA's PICASSO program, with Synopsys design tools. Tohoku University and Aisin built a 16 nanometer AI chip with 32 megabytes of embedded STT MRAM that starts up in 65.7 milliseconds. Diamond Foundry says it has made the first 200 mm single crystal diamond, which it says could ease thermal limits in high power AI processors. Raytheon · Tohoku and Aisin · Diamond Foundry

HexaTech released 100 mm single crystal aluminum nitride substrates for commercial production. GaNrich Semiconductor expanded its gallium nitride power devices to 1,200V for AI data centers, energy storage and electric vehicles. Nordic Semiconductor's nRF71 Series combines Wi-Fi, Bluetooth LE, Thread and an NPU and uses up to 20 times less standby power than the nRF70 Series. HexaTech · GaNrich · Nordic

VeriSilicon launched its GCNanoOptimaV GPU IP for wearables and says multiple customers have adopted it. Ceva says more than 10 customers license its Bluetooth HDT IP, which supports nearly four times the previous maximum Bluetooth throughput. South Korea's edgeAI selected Efficient Computer's Electron E1 processor for physical AI and critical infrastructure products. VeriSilicon · Ceva · edgeAI

Innatera made Pulsar neuromorphic evaluation hardware available through DigiKey in the EU and opened a developer portal. Beelink's ME Pro modular NAS, launched on Kickstarter, delivers up to 86 TOPS in its AI 470 configuration for local AI models. QORAI CORP says its Q4 Nexus platform, based on four state logic, is in software prototype and FPGA testing. Innatera · Beelink · QORAI

Groq, now rebuilding as an inference cloud after Nvidia hired its founder, is seeking an $8 billion valuation in a Series B, more than double its August valuation. Groq

Neoclouds and compute deals

IREN's AI Cloud revenue rose 182% to $200 million in the quarter ended 30 September, and its revenue backlog rose 22% to $20.3 billion. Hut 8 commercialized the second phase of its Beacon Point campus, lifting expected base term contract value to $19.6 billion, and has 1,330 MW under construction. VAST Data says 14 customers committed more than $10 billion to systems using its software in the first nine months of its fiscal year. IREN · Hut 8 · VAST Data

Fermi says its 222MW lease with AMD based neocloud TensorWave did not close by the 31 October deadline, and neither party has exercised termination rights. Fermi co-founder and largest shareholder Toby Neugebauer is now calling for the company to be put up for sale. Smartbird, previously known as Allbirds, is worth less today than before it pivoted to AI cloud services, DCD reports. Fermi lease · Fermi sale call · Smartbird

Fireworks will lease 5MW of liquid cooled Nvidia HGX B300 capacity at Era4's data center in Chesterfield, Derbyshire. Flatkey launched a cloud service that builds dedicated NVIDIA B300 inference clusters for single customers on one, three or five year terms. Fermaca, Mexico's first NVIDIA Cloud Partner, plans to reach 60 MW of facility power by the end of 2027 for its AI factory platform. Fireworks · Flatkey · Fermaca

Schwarz Digits and Bull signed a preliminary agreement to offer AI computing services under European jurisdiction through STACKIT. Omantel signed memorandums with WPS and Huawei that include deploying Huawei Ascend NPUs in Omantel's national cloud. HUMAIN is integrating CNTXT to add cloud transformation, data, cybersecurity and managed technology services. Schwarz Digits and Bull · Omantel · HUMAIN

Setara Financial launched a daily GPU price index covering seven models, in US dollars per GPU hour. Rafay Systems added token routing and daily or monthly spending limits to its Token Factory. Z Squared plans up to about 150 MW of AI ready capacity at its Union County campus in El Dorado, Arkansas. GPU index · Rafay · Z Squared

Data center projects and financing

Drax, Brookfield and Radiant will build an AI data center at Drax Power Station that could reach about 1GW, with total investment Brookfield estimates could exceed £20 billion. Tract plans a 500MW campus in County Durham, its first in Europe, and will submit a planning application in December 2026. ServerDomes started construction on a planned $10 billion, 350MW domed campus near El Paso, Texas, powered mainly by onsite gas generation. Drax · Tract · ServerDomes

Samsung SDS is building a 60MW AI data center in Gumi, with operations planned for March 2029. NTT Data opened its 12MW JKT2A data center at its Jakarta Campus, with rack densities of up to 40kW. SMX01, a 21 megawatt carrier neutral data center in Jakarta, reached Ready for Service status. Samsung SDS · NTT JKT2A · SMX01

Equinix opened SG6, its sixth Singapore data center, with 8 MW of initial capacity and 20 MW planned at full build out. Vietnam's Tay Ninh Province is considering a US$700 million, 200 MW AI data center proposed by a SAIGONTEL led consortium. The owner of Playmobil plans a 100MW data center campus at its former toy factory in Dietenhofen, Bavaria, subject to municipal approval. Equinix SG6 · Tay Ninh · Playmobil site

Latrobe Council staff approved Firmus's plan for a 26 megawatt AI research facility at the former Wesley Vale pulp mill in Tasmania. RHAELM will pay Workhorse $10 million to build a TerraPod modular data center reference unit in Union City, Indiana. EPG topped out a US$120 million modular data center factory in Johor, Malaysia, due for completion in the first quarter of 2027. Firmus · Workhorse · EPG

Goodman Group and Digital Realty offered AU$715 million for 9.9% of NextDC and say they will not seek control. ING is auctioning about $500 million in data center loans, including a $25 million stake in the Stargate project in New Mexico. Pure DC secured a $780 million facility that can grow to about $1.9 billion for sites in Europe and the Middle East. NextDC · ING · Pure DC

LandGate counts 819 US data center projects announced through October 2026, above the 764 announced in all of 2025. A Bitkom study forecasts German data center investment will rise 57% to €23.5 billion in 2026. IQ-EQ and the Sustainable Real Estate Forum say grid connections in major European hubs can take seven to ten years. LandGate · Germany · Grid delays

Hanwha Ocean and ABB signed a non binding memorandum to develop power and control systems for floating data centers, with work running through May 2027. Floating data centers

Power and grids

NTT Global Data Centers will deploy 900 MW of Bloom Energy fuel cells as primary onsite power, with initial shipments in 2027. California Resources and Bloom Energy will evaluate at least 1GW of fuel cell projects in California under a non binding agreement. Renewable Innovations joined a US DOE project testing fuel cells that power and cool AI racks, including an 800VDC demonstration at Sky Data Centers. NTT and Bloom · California Resources · DOE project

Dominion Energy reports 54.9GW of data center capacity in its contracting pipeline, including 12GW under signed electric service agreements. Oncor says its Texas interconnection queue included about 293 GW of data center load at the end of September. PJM expects 182,426 MW of capacity to meet a forecast winter peak of about 147,500 MW and says data center demand is reducing reserve margins. Dominion · Oncor · PJM

American Electric Power created AEP Infrastructure to build and operate energy infrastructure for large load customers. STAK Energy signed a 15 year gas deal with ExxonMobil for a planned power plant at its Project Aaka campus on Alaska's North Slope. Beyon's 1.5MW solar expansion brings to three the Beyon data centers powered by renewable energy. AEP · STAK Energy · Beyon

Vertiv and Infineon agreed a three year deal that secures Vertiv's access to silicon and silicon carbide power semiconductors. SOLUM and Infineon signed a memorandum to develop high voltage DC power solutions for AI data centers. Finnish startup Vensum Power raised a €9 million Series A to manufacture software controlled power converters. Vertiv and Infineon · SOLUM · Vensum

Green Voltis raised a €13.5 million Series A from Lochpine Capital for AI based battery storage trading. Eco Wave Power signed a three year memorandum with WISeQey, SEALSQ and SEALCOIN on secure energy transactions, which is not a physical electricity supply agreement. The Novo Nordisk Foundation will provide up to DKK 100 million for AI4GRIDS, a DTU led research project on Nordic power grids. Green Voltis · Eco Wave Power · AI4GRIDS

Overstory launched a platform that connects its AI models for outage, wildfire and vegetation risk with utility systems. Applied Computing introduced Orbital 2.0, a plant specific world model for energy facilities, at ADIPEC 2026. University of Michigan researchers found AI models use up to 180 times more energy for some non English languages. Overstory · Orbital 2.0 · Language energy use

Anthropic took over OnePWR Solutions orders for 1.7 GW of Caterpillar gas fired generators for $3.4 billion in late September, the Financial Times reports. Anthropic generators

Cooling and equipment suppliers

Modine's Data Centers sales rose 95% as second quarter net sales rose 35% to $994.4 million. Regal Rexnord's data center sales rose 307% in the third quarter, on total sales of $1.588 billion. Solstice Advanced Materials reported third quarter sales of $1.046 billion and raised its 2026 outlook. Modine · Regal Rexnord · Solstice

Chemours launched Faizeon two phase cooling fluids and says Faizeon 200 kept a GPU up to 19 degrees Celsius cooler than a water based system. Omen AI bought Aquatic Labs for $16 million in cash and stock to improve real time cooling fluid monitoring. Chemours · Omen AI

Local opposition and rules

More than 100 Geef Tegengas activists entered a 78MW Pure Data Centres facility in Amsterdam that Microsoft will use, and police arrested one person. Norwich Apex defended its £1.2bn, 150MW data center plan near Norwich against objections, with a council decision expected early next year. The Greens, One Nation and South Australian Liberals oppose Quantum DC's proposed hyperscale data center at Tungkillo, east of Adelaide. Amsterdam · Norwich · Adelaide

Environs Kimberley asked the Australian government to reject Gingerah Energy's proposed 1,000 MW AI data center near Broome. The UK now lets data centers generate power onsite while awaiting grid links, and BBC research found four planned hyperscale data centers considering gas. Portugal is drafting rules requiring data centers to use renewable power and waterless cooling or water systems that do not affect local supplies. Broome · UK onsite power · Portugal

A decree signed by Russian President Vladimir Putin requires privately owned data centers in Russia to reserve 10% of their capacity for government use. ProPublica reports that Interior Secretary Doug Burgum, who supports data centers on federal land, holds between $18.1 million and $64.4 million in AI related investments. Ireland is seeking members for a new HPC and AI public infrastructure advisory group. Russia · ProPublica · Ireland

Residents of Batam in Indonesia and Johor in Malaysia are protesting data center development amid water shortages; Batam officials blame drought and an electrical fault. Batam and Johor

Thousands marched in Dublin and Helsinki as the Stop Dirty Data Centres coalition called for a construction moratorium, Bloomberg reports. CoreWeave chief executive Michael Intrator wrote to Texas governor-elect Gina Hinojosa, who campaigned on a data center moratorium, offering to work together. About 30 House of Lords members have financial ties to AI and data center firms, the Sunday National found. Protests · CoreWeave · House of Lords

Cloud and AI software

AWS made Web Answer generally available on Amazon Bedrock AgentCore at $10 per 1,000 tool calls. AWS launched Semarak AI Malaysia, including a GovHub pilot for 500 government developers in 2026 and a goal of 4,000 by 2028. Kyndryl and AWS announced a modernization offering that combines Kyndryl's agentic services with AWS Transform. Web Answer · AWS Malaysia · Kyndryl

Google Cloud previewed AI.AGG, a BigQuery function that uses Gemini models to summarize data across millions of rows. Google Cloud added streaming support to API Gateway in public preview, with connections open for up to one hour. Google introduced GKE Workspaces, a self hosted AI development platform on Google Kubernetes Engine. AI.AGG · API Gateway · GKE Workspaces

Google Cloud added isolated vulnerability testing, exploit simulation and human approval checks to CodeMender. CrowdStrike integrated its protection with Amazon Bedrock AgentCore Guardrails and Amazon ECS Managed Instances. Mandiant says LLMJacking attackers who stole cloud credentials and API keys ran up charges of up to $1 million at some organizations. CodeMender · CrowdStrike · LLMJacking

Tencent Cloud Enterprise launched a private cloud suite for agentic AI that starts from three servers. Alibaba provides cloud and AI for the Dakar 2026 Youth Olympic Games, and the infrastructure will then become a national cloud platform in Senegal. Hugging Face launched a searchable database showing which models support AWS Trainium. Tencent Cloud · Alibaba in Senegal · Trainium database

Expedient bought phoenixNAP's US managed VMware cloud and backup business; terms were not disclosed. Expedient also added a multitenant model to its Cloud Powered by Nutanix service across its 14 US data centers. Platformr added a Tag Manager agent and a Remote MCP Server to its Optics AI Suite for AWS. phoenixNAP deal · Expedient and Nutanix · Platformr

Dropbox is buying Tigris Data for $350 million to support its DBX Agent Cloud. E2B says its annual recurring revenue passed $100 million, up from $8 million a year earlier. Applied Compute raised $350 million at a $3.25 billion valuation in a round led by Elad Gil. Dropbox · E2B · Applied Compute

A China Centre for Information Industry Development report says daily AI token calls in China exceeded 175 trillion. The University of Utah runs the Redtail AI supercomputer, built with HPE, and controls its access, security and research governance. China tokens · Redtail

Megazone Cloud joined OpenAI's partner network as a Select tier partner for Korean businesses. Gartner named Tencent Cloud's EdgeOne a Leader in its first Magic Quadrant for edge distribution platforms. Megazone Cloud · Tencent Cloud

Gartner placed Huawei among the Leaders in its 2026 Magic Quadrant for infrastructure platform consumption services. Huawei

Also

JLL acquired data center consultancy VIPA Digital. Millennium will distribute R&M data center connectivity products in the United States from 5 November. Rep Com International will represent Charles Industries, an Amphenol company, across the United States. JLL · Millennium · Rep Com

Modal Labs signed a 157,000 square foot lease at 32 Sixth Avenue in New York. Discovered Materials is offering $1 million in prizes for AI solutions to five open materials science problems. Modal Labs · Discovered Materials

The Lowy Institute finds the US leads China in AI computing power, frontier models and use, while China leads in critical minerals and open model downloads. Reserve Bank of Australia Assistant Governor Sarah Hunter said AI's near term effect is more demand and inflation pressure, with little evidence yet of higher productivity. Stavian Group set out its AI infrastructure plans for Vietnam at the Fortune SEA500 Summit. Lowy Institute · RBA · Stavian Group