SpaceX seeks $40 billion, led by Apollo, for Nvidia chips as Amazon warns of 100 proposed data-center bans
Bloomberg and Reuters reported that Intel will keep working on Elon Musk's Terafab chipmaking venture, while Musk said Terafab is weighing another partner besides Intel. Marvell raised its 2028 revenue forecast on AI data-center demand, and Applied Digital secured a power agreement of up to 1 GW for a Finnish AI data-center expansion.
News +0.58Market no trading session in this window: the score is the news reading
Key notes
40bn USD
SpaceX funding sought for Nvidia chips
SpaceX is seeking money to buy Nvidia AI chips. Moneycontrol and Firstpost reported a $40 billion raise as Musk expands a data-centre push, and bloomingbit reported that Apollo is leading it.
Intel will keep working on Musk's Terafab chipmaking venture, according to Bloomberg News, a report Reuters carried. Separately, the Austin American-Statesman reported Musk saying Terafab is weighing another partner besides Intel.
Marvell raised its 2028 revenue forecast, citing AI data-center demand. Reuters reported the revision. Finimize reported that Marvell thinks its AI data-center chip business can double.
Amazon warned that 100 proposed data-center bans would see the US lose the AI race, TechRadar reported. In Florida, a quorum failure delayed a Manatee County moratorium on AI data centers. A nationwide AI data-center protest bus tour stopped in Imperial.
Flex's planned spin-off of its AI data-center business was given a $37.5 billion price tag, according to 24/7 Wall St. AOL.com carried the same report.
New power supply is being signed for AI sites. TheEnergyMag reported that Applied Digital secured a power agreement of up to 1 GW for a Finnish AI data-center expansion. SunPower broke ground on a solar system for a Reno AI data center, starting with a first phase.
Data centers · 38 storiesSites, colocation, cooling, capacity leases.Riyadh contract, Japan build start and Finnish power deal as ban proposals mountConstruction moved forward in Saudi Arabia, Japan and Canada. US opposition to new sites continued at the federal, county and resident level.Frontier AI sites: power against capital costEach point is a site in Epoch AI's frontier register with both a stated power capacity and a stated capital cost — the further above the trend, the more each megawatt cost to build.Hassan Allam and Sterling & Wilson won a $200m contract for the Humain-Center3 AI data centre in Riyadh.Construction ReviewDigital Realty began construction of its KIX15 data center in Japan.Macau BusinessTSS leased 380,000 square feet in Texas to support AI infrastructure growth.citybizOpen 38 stories →
Hyperscalers · 6 storiesCapex, power procurement, model-capacity deals.SpaceX lines up $40 billion for Nvidia chipsThe SpaceX raise was the largest new spending figure in the layer. Google's head of AI infrastructure and Mizuho analysts also weighed in on the build-out.Hyperscalers, indexed over the last 10 sessionsClosing prices on each company's home exchange, indexed to 100 at the first session shown, for the 5 hyperscalers that moved most over the window.SpaceX is seeking $40 billion to buy Nvidia AI chips as Musk expands a data-centre push, Moneycontrol reported.Moneycontrol.comGoogle's head of AI infrastructure discussed agents, optical networking and the physical bottlenecks on compute over the next decade.富途牛牛Mizuho raised target prices on multiple AI infrastructure stocks.NAI500Open 6 stories →
Semiconductors · 36 storiesAccelerators, memory, foundry, packaging.Marvell lifts 2028 outlook; YMTC sees NAND crunch lasting to 2029Intel is staying in Terafab, according to Bloomberg, while Musk said another partner is under consideration. Memory supply warnings and an equipment-supplier downgrade signalled strain.Chipmakers this window, by move3 of 8 tracked chipmakers rose over the window; the change is close to close on each company's home exchange, in its own currency.Marvell raised its 2028 revenue forecast on AI data-center demand, Reuters reported.ReutersYMTC warned that a NAND supply crunch could last until 2029, as AI infrastructure crowds out consumer-grade capacity.BigGo FinanceBofA downgraded BE Semiconductor, citing HBM delays and a threat from ASML.Investing.comOpen 36 stories →
Semi equipment · 5 storiesLithography, deposition, etch, test, export rules.Teradyne launches Titan HP burn-in platform for AI chipsTest and inspection products led the equipment news. Applied Materials and Intel announced a collaboration on chipmaking.Toolmakers from window open to close5 of 6 tracked toolmakers closed the window above where they opened it; each line is one company's close, indexed to 100 at the open.Teradyne introduced its Titan HP platform with burn-in capabilities for AI data-center devices.AiThorityApplied Materials and Intel said they will collaborate to accelerate chipmaking innovations for AI computing.Yahoo FinanceChiplytics raised $4.5 million and opened a semiconductor inspection lab in New York.citybizOpen 5 stories →
New research
NVIDIA papers cut RL weight-sync and refit times at trillion-parameter scale
NVIDIA's NeMo-DCR reports a 150× gain in refit time for 1T-parameter models. Its NCCL M2N reports a 2.8× faster DeepSeek-V3 RL step on 256 GB200 GPUs. APEX speculative decoding reports a 5.2× speedup on an 8B model, and EPFL's SSR a 3.5× gain on ternary Llama-3 1B inference. Only APEX and a preregistered alignment-scaling-laws study across Pythia and Qwen2.5 models released code; the other papers released nothing yet.
Which fields movedpapers today ● vs 30-edition average ○
01234 papers
How open was it
Weights released0 / 8
Code released2 / 8
Who published2 lab · 2 mixed · 4 academic
Reported gains today, as multiples
4 of 8 kept papers report their headline result as a speed-up multiple; papers reporting in other units are not put on this axis.
The papers · headline result, scale, what was released
AI + Energy & Sustainability
Frontier AI power on the record, by country8 rows · 1 source
Stated power capacity summed across the frontier sites Epoch AI records in each country — where the grid load of the build-out actually sits.Epoch AI · Frontier Data Centers Hub
What today covered · topic by region8 of 18 stories carry a region
2 charts built from 1 stated figure across 18 stories, the first planned by the composer from the record. Also had the data for when the energy stories landed, pressure and relief by topic. Held back: power committed in deals that state a figure (only 1 deal states committed capacity — a bar needs 3); power disclosed per edition · last 7 (only 1 of the last 7 editions put a number on it); other figures on the record today (no story stated a figure of any kind).