Apple is working on an enterprise server using two or four M8 Ultra chips for the AI inference market, with discussions underway with Nvidia about networking equipment, according to The Information. Launch expected no earlier than 2029.
UK-based AI data center startup Nscale has appointed Fidji Simo, former OpenAI and Meta executive, to its board as the company prepares for an initial public offering. Simo was recruited by board member Sheryl Sandberg and brings Silicon Valley leadership experience to the fast-growing infrastructure company.
TCS's HyperVault unit and partners announced a 700 billion rupee ($7.4 billion) investment to develop a massive one-gigawatt AI data center campus in Hyderabad's Bharat Future City, marking one of India's largest AI infrastructure investments. The facility will be powered by green energy and represents the country's largest data center project.
Almost 200 supporters of Robert F. Kennedy Jr.'s Make America Healthy Again movement have sent a letter criticizing President Donald Trump's push to use coal energy to power artificial intelligence data centers, marking a rare public split between the MAHA movement and Trump's energy priorities.
Tatung is set to complete a proof of concept for its self-built AI data center by September 2026 and has secured an order for edge AI solutions, marking the company's expansion into AI infrastructure.
Keel Infrastructure, formerly Bitfarms, has powered down all US bitcoin mining sites and sold 1,085 BTC for $75 million as part of its transition to high-performance computing and AI data center infrastructure. The company disclosed the moves in its second-quarter earnings.
U.S.-based AI cloud provider Firebird launched its first AI factory in Hrazdan, Armenia on August 8, 2026, with plans to scale to over 70,000 NVIDIA GPUs by end of 2027. The company announced a total investment of approximately $5 billion and a 2-gigawatt global pipeline including expansion into Kazakhstan.
Advanced Micro Devices reported second-quarter revenue of $11.54 billion, up 50% year-over-year and beating Wall Street estimates, with data center sales more than doubling. Despite projecting Q3 revenue of $13 billion above analyst expectations, the stock declined in extended trading as the strong results failed to exceed sky-high investor expectations.
Taiwanese chipmaker MediaTek has approved a $5 billion discretionary financing framework to accelerate its expansion into AI data center chips as smartphone revenue declined 20% year-over-year in Q2 2026. CEO Rick Tsai announced the company is raising its 2027 AI accelerator market share target from 15% to 20%, with its first AI accelerator ASIC entering mass production in Q4.
Surging demand for memory chips from AI data centers has created a severe global shortage, driving up RAM and component prices while forcing Google to tighten Android app requirements and prompting major manufacturers like Kioxia, SK Hynix, and SanDisk to announce massive production expansions. Cloud operators may need to spend 68% of capital expenditures on memory, with costs likely passed to consumers.
South Korea unveiled a massive industrial strategy with over $576 billion in investments from Samsung Electronics and SK Hynix to build semiconductor manufacturing hubs and AI data centers, aimed at cementing the country's global leadership in chips and artificial intelligence.
Nvidia announced a strategic partnership with data center operator IREN that includes an investment of up to $2.1 billion and plans to deploy up to 5 gigawatts of AI infrastructure to meet surging demand for artificial intelligence computing power. IREN shares initially surged in extended trading before giving back most gains.
Bitcoin miner Core Scientific announced plans for a $3.3 billion speculative-grade debt offering to refinance short-term debt and scale AI data center infrastructure, with six facilities leased to CoreWeave expected to generate $10 billion in revenue.
