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Recent news

• Nov 7, 2026

  South Korea AI Chip Startup FuriosaAI Raised $620 Million in Series D Funding at $2.9 Billion Valuation & Plans for IPO, Founded in 2017 by Baek Jun-ho, Jeehoon Kang & Kim Han-joon

  FuriosaAI has announced that it raised $620 million in Series D funding at a $2.9 billion valuation and plans to pursue an IPO.

  • The company says the round was completed after earlier reporting in January 2026 that it was raising $500 million in Series D funding and planning an IPO.
  • Background details note FuriosaAI was founded in 2017 by Baek Jun-ho, Jeehoon Kang, and Kim Han-joon; prior investors include DSC Investment, Korea Development Bank, and Naver.
  • The article also references that in March 2025 FuriosaAI rejected a $800 million buyout offer from Meta.
• Nov 6, 2026

  US midterm verdict: Oil prices to AI trade, 5 things that matter for India after Democrats’ sweep

  Emkay Global Financial Services has issued an analysis on how the US election outcome could affect India, covering crude oil, US fiscal policy, AI spending, tariffs, and the rupee.

  • The note says the Democratic sweep in Congress could make it easier to override presidential vetoes, potentially encouraging a negotiated resolution with Iran and easing crude pressure; it also cites Brent falling to around $95 per barrel after a 19% drop from October 2026 highs.
  • It adds that US fiscal deficits are likely to remain elevated, keeping Treasury yields and Indian bond yields under pressure; on AI, it argues the midterms are a sentiment shock rather than a capex shock, with hyperscaler debt issuance rising to ₹19,400 crore in 2026-to-date from ₹10,900 crore in 2025.
• Nov 6, 2026

  After Playing the Villain in the Midterms, Data Center Operators Regroup and Plan to Smile More

  Salute has launched its 2026 Digital Infrastructure Report and used a New York dinner event to urge data center operators to engage more openly with local communities and policymakers.

  • The event, convened by Salute, was held in New York City the day after the midterm elections and tied to the release of the company’s 2026 Digital Infrastructure Report; CEO Erich Sanchack said $172 million was spent on political ads targeting AI data centers, and the report surveyed 500 U.S. and 500 U.K. executives plus 1,000 U.S. consumers.
  • The report said 41% of Americans would support a new AI data center in their region, while 27% would oppose one; support rose to 48% when framed as competition with China, and 70% said they would be concerned if China became the world’s leading AI superpower. It also found 84% of operators felt community opposition, 49% had permits or approvals delayed, 32% had a site relocated or canceled, and only 16% reported no impact.
• Nov 5, 2026

  Roundup: Endgame for LIV / Louisiana’s labor lift / Inherited American dream

  Business Report published a news roundup summarizing three separate items, including LIV Golf’s plan to wind down operations. This is commentary/news aggregation rather than a first-party announcement.

  • LIV Golf said it plans to wind down operations after failing to secure a financial agreement with BC Partners; the roundup says the league struggled with a long-term U.S. television partner, sustainable revenue, and investor support.
  • On Louisiana labor data, the roundup cites 11 consecutive weeks of declining continued unemployment claims, a drop to 5,295, and 4% unemployment in September; it also references more than $150 billion in announced investments tied to Hyundai, Meta, and SpaceX.
• Nov 2, 2026

  Roundup: Meta’s workforce academy / Factories accelerate / Crude cools

  Meta has announced a new Construction Ready training hub in Baton Rouge through its America’s Workforce Academy.

  • The first classes started Monday, with graduation scheduled for Nov. 23; the four-week paid program is backed by an initial $115 million investment.
  • Developed with Associated Builders and Contractors and other contractor partners, the program guarantees graduates jobs at a Meta data center and provides OSHA 10 certification plus an NCCER credential; the article also references broader U.S. factory activity and falling oil prices, but those are separate news items.
• Nov 2, 2026

  Meta backs low-carbon cement with new Fortera deal

  Meta has announced a multi-year environmental attribute certificate purchase agreement with Fortera for low-carbon cement. - Meta will receive environmental attribute credits associated with the production of 200,000 tons of cement, and the deal includes an option to extend or expand by volume or duration.

  • Fortera said the agreement helps finance its Ste. Genevieve, Missouri plant; the company says its captured-CO2 cement has 70% less emissions than traditional cement. Meta also referenced its 2025 sustainability report, which said its data center emissions rose 22% in 2024.
• Oct 29, 2026

  Louisiana tightens data center tax breaks

  Louisiana Gov. Jeff Landry has announced the Louisiana Ratepayer and Community Protection Initiative, a new framework that tightens requirements for data center developers seeking the state’s sales and use tax exemption.

  • The initiative was launched through an executive order in June and requires companies to show commitments across eight areas.
  • One stated requirement is protecting existing utility customers from project-related cost increases; the article also references a Meta data center being built in Richland Parish as context.
• Oct 29, 2026

  Nvidia, AMD Commit $4B to Meta AI Buildout

  Nvidia and AMD have announced new investments in Meta as they deepen ties with the hyperscaler and support its AI infrastructure expansion.

  • Meta said on Monday, Oct. 26 that it plans to raise $97.5 billion through an equity offering to continue investing in AI infrastructure; on the same day Nvidia announced a $3 billion investment, and AMD followed on Tuesday with a $1 billion commitment.
  • Under the expanded partnership, Meta plans to deploy more Nvidia infrastructure including Vera Rubin, Vera CPUs, Spectrum-X Ethernet, and BlueField-4 DPUs; Nvidia and Meta also plan deeper collaboration on Muse models and agents and are considering work involving OpenShell Reference Architecture. AMD said initial Helios rack-scale systems have been installed and are being tested by Meta, which also uses Epyc processors and Instinct GPUs for multiple workloads.
• Oct 28, 2026

  Nathan Leamer: Can America Build AI and Rural Broadband at the Same Time?

  This is an opinion/commentary article arguing that U.S. broadband and AI build-outs are competing for the same fiber, labor, and permitting resources. It is not a new company announcement, but it cites recent deals, policy actions, and labor estimates as background.

  • The author argues that BEAD-funded broadband builds and the AI data center build-out will compete for the same fiber, utility poles, permit offices, and crews, and says policy should account for both sectors together.
  • The piece cites several recent developments as context: Meta’s up to $6 billion Corning agreement in January, Amazon’s multibillion-dollar Corning contract in June, REV Fiber’s Baton Rouge groundbreaking, and the NTIA’s September BEAD deployment notice; it also references labor estimates of 28,000 more construction workers, 30,000 more technicians, and 140,000 more skilled tradespeople by 2030.
• Oct 27, 2026

  The Power Challenge Behind Hyperscale AI Expansion

  Industrial Info Resources has reported that hyperscale AI data center investment and associated power infrastructure spending have surged, with announced spending expected to exceed $700 billion this year.

  • Microsoft, Meta, Amazon, and Google have increased data center investment roughly tenfold over eight years, from $64 billion in 2018 to an expected over $700 billion in announced spending this year.
  • IIR said the US and Canada pipeline totals about $4.75 trillion, with more than 4,250 planned or in-progress projects, over 400 GW of new load in planning, and nearly 100 US sites designed for at least 1 GW; it also cited $228 billion in new gas plant projects, 111 nuclear projects worth $311.4 billion, and 701 BESS projects worth almost $200 billion.
• Oct 23, 2026

  Hyperscalers allow more scrutiny of controversial data center plans

  The article comments on a broader shift by hyperscalers toward greater openness in data center site planning, driven by community backlash and protests. It references recent company actions rather than announcing a single new project.

  • Amazon announced its Data Center Commitment, including more disclosure on energy and water use and consideration of a moratorium on NDAs for planning applications.
  • Meta said it is reviewing its NDA use after criticism over Hyperion in Louisiana; Microsoft said in March it would stop using NDAs in site selection and development, and Google later followed suit.
• Oct 23, 2026

  Big tech reworks data center strategy as community backlash grows

  The Associated Press reports that major technology companies are adjusting their data center approach as community opposition grows in the United States.

  • Google and Meta are said to be promising fewer taxpayer handouts, more transparency, and more community spending as opposition to data centers increases.
  • The article says the issue has become politically significant ahead of the midterm elections, with community opposition blocking municipal permits and companies also pledging to reduce environmental impacts.
• Oct 22, 2026

  Reliance Industries and US Explore Conventional and New Energy Partnerships During Marco Rubio’s Jamnagar Visit – EQ

  Reliance Industries Limited said it discussed potential commercial partnerships with the United States during Secretary of State Marco Rubio’s visit to its Jamnagar complex in Gujarat.

  • The talks covered conventional energy, renewable energy, advanced manufacturing and digital infrastructure, but Reliance said it did not announce any specific new agreement from the meeting.
  • Reliance briefed the delegation on its Jamnagar refining complex, new energy giga-factories under phased commissioning, and a 168-megawatt data centre under construction at Jamnagar with Meta, planned for completion in about two years.
• Oct 21, 2026

  Roundup: Small town cashes in / Meta’s legal blow / Crude inventories drop

  Business Report is summarizing a reported data center payment tied to Applied Digital’s Delta Forge 1 project; it is not the primary announcement source.

  • Boyce will receive a one-time $4 million payment from Applied Digital tied to its $3.6 billion Delta Forge 1 AI data center.
  • Officials said the money could help repair aging water and sewer systems and support economic development; a proposed 25-year agreement could generate $572 million for regional taxing authorities, and the project is expected to create 200 permanent jobs and 1,000+ construction jobs at peak.