Payment processing company Stripe confirmed its acquisition of AI model routing startup OpenRouter for over $8 billion and declared January 1 the "beginning of the singularity" in a letter to investors explaining its decision not to pursue an IPO. The company reported 41% revenue growth in the first half of the year.
Payments giant Stripe has agreed to buy OpenRouter, a fast-growing marketplace that routes prompts between different AI models, in a deal valued at more than $8 billion in cash and stock. The acquisition marks Stripe's major push into AI infrastructure.
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.
Data center developers are turning to bespoke natural gas power plants to meet AI infrastructure demands, a shift that will dramatically increase US carbon emissions by 20% and make it harder for tech companies to meet climate goals.
AI company Anthropic has agreed to lease 191 megawatts of computing capacity from Riot Platforms' Rockdale, Texas campus under a 20-year contract worth $9.1 billion, with potential expansion to $16.1 billion. Riot's stock surged 25% on the news as the Bitcoin miner pivots toward AI infrastructure.
Microsoft has launched its biggest data center in India, located in Hyderabad, as part of a $20-21 billion investment in cloud and AI infrastructure. The facility marks Microsoft's fourth cloud region in the country as it competes with Google and Amazon for India's rapidly growing AI and cloud computing market.
Bitcoin miner TeraWulf reported Q2 2026 results showing high-performance computing revenue jumped 52% to $31.9 million, now comprising 71% of total revenue, while announcing a 20-year, $19 billion lease agreement with AI company Anthropic for 401 megawatts of data center capacity.
Major PC manufacturers HP, Asus, and Acer have started incorporating small volumes of DRAM chips from China's ChangXin Memory Technologies (CXMT) into laptops sold outside the U.S. market, as an AI infrastructure boom creates unprecedented memory shortages from dominant suppliers Micron, Samsung, and SK hynix.
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.
Chinese AI startup DeepSeek is planning to build a massive gigawatt-scale artificial intelligence data center in Inner Mongolia, marking a significant expansion in computing infrastructure for the company that has demonstrated competitive capabilities against leading Silicon Valley AI models.
Amazon reported AWS revenue accelerated for a fifth straight quarter, with cloud computing growth easing investor concerns about AI infrastructure returns. The strong results sent shares up 12% and demonstrated clear demand for Amazon's custom AI chips.
Multiple large-scale data centre proposals have emerged across Melbourne, including a mega facility six times larger than a major shopping centre, sparking community debate about water and power usage versus employment benefits as Victoria pursues AI infrastructure ambitions.
VAST Data announced an expanded collaboration with AMD to integrate its AI Operating System with AMD's 6th Gen EPYC CPUs, Instinct GPUs, and Pensando AI NICs, targeting AI cloud providers and enterprises building high-performance AI infrastructure for inference workloads.
Oracle introduced Base Database Cloud@Customer, a managed database service that runs inside customer data centers, targeting regulated enterprises with data residency requirements and AI workloads that cannot move to public cloud due to latency or compliance concerns.
Bitcoin miner Riot Platforms generated $33 million in inaugural data center revenue in Q1 2026 while expanding its AMD partnership with doubled contracted capacity, signaling accelerated pivot to AI infrastructure hosting.
Bitcoin miner MARA Holdings announced acquisition of Ohio natural gas plant operator Long Ridge Energy for $1.5 billion, including a 505 MW gas plant and 1,600 acres offering over 1 GW power capacity for AI data center expansion.
After weeks of developer complaints about declining performance, Anthropic acknowledged that changes to Claude's system prompts and infrastructure caused the degradation users had been reporting. The admission comes amid a separate investigation into unauthorized access to the company's restricted Mythos AI model.
