Big Tech - Page 18

Three big data-centre plans from 8 October 2026: Sesterce's planned "over €10 billion" AI campus at a former paper mill in Jämsä, Finland; a 7 trillion won, 360 MW memorandum of understanding (MOU) in Sejong, South Korea (reported); and ReNew's MOU with the government of Maharashtra for a proposed ₹70,000 crore, 750 MW green data-centre park (reported). All three are plans, not finished deals. Here is what each says and what it leaves open.

Manus raises more than $500m after Beijing blocked Meta's takeover. Tab emerges at a $300m valuation. Nvidia reportedly discusses another $1bn for Figure. ElevenLabs says it has passed a $600m run rate, and Synthesia launches Syren in beta. A Reuters/Ipsos poll finds most Americans think government is not taking AI risks seriously enough.

CoreWeave plans 240 MW in Navi Mumbai, Bell Canada's Regina campus could reach 1.2 GW with its own gas plant, and Applied Digital reported $341.9 million in quarterly revenue alongside $6.4 billion of debt. Meanwhile the bond financing Meta's Louisiana data centre hit a record low, and Entergy's CEO let slip that the site will draw 4,500 MW. What each company confirmed, and what is reported.

Duke Energy, Amazon, Google and Microsoft have filed a North Carolina settlement that makes big data centres pay upfront, sign 10–15 year contracts and accept some power cuts. Indiana approved Google paying the full cost of serving a 390 MW site, and a bipartisan Senate bill would make data centres pay for the grid upgrades they trigger. And gas equipment is being shipped straight to AI projects: a 380 MW Doosan turbine for SpaceXAI and 282 MW of Wärtsilä engines. What is agreed and what still needs approval.

AirTrunk is adding $1B to its 300MW+ TOK1 campus in Japan for liquid-cooled AI, backed by a green loan. In Finland, the regulator has told Google's subsidiary to stop groundwork at two data-centre sites until environmental reviews finish. What each confirms and what it shows about where AI infrastructure can be built.

Biohub, the US DOE and NIH, with $300m from Google DeepMind, Isomorphic Labs and Meta, are pooling $1.8bn to generate open data for AI cell models.

Elon Musk says Tesla and SpaceX will build and run the Terafab AI chip complex in Texas, with TSMC at most subleasing part of it. Intel's CEO says Intel remains involved. What was said, what Terafab is, and the open questions.

The Wall Street Journal reports Broadcom is arranging more than $50bn in financing for the custom AI chip it is building with OpenAI, while Oracle is in talks with Apollo and Goldman Sachs to fund a big chip purchase. What is reported, how these deals work, and what remains unconfirmed.

Black Hills Corp. says it signed definitive agreements through 2048 to serve a planned Google data centre in Cheyenne, Wyoming, investing $1.8bn in 564 MW of company-owned natural gas generation. Company-reported.

AM Intelligence says two further binding orders for ~20,000 Nvidia Rubin GPUs take committed capacity to ~29,000 GPUs and close to 100 MW, with plans for another 300 MW backed by more than $20bn. Company-reported.