Firmus cancelled a $5 billion IPO and CoreWeave bond yields hit 15%, adding to signs of strain in AI infrastructure financing. Reuters reported that SK Hynix has conditioned a new US factory on more US chip-equipment exports to China, while Bloomberg said ByteDance is in talks to secure MediaTek AI chips for data centers.
GlobalFoundries will operate up to two new chip plants in New York under a US-Japan initiative. Reuters reported Japan will invest $21 billion in up to two GlobalFoundries factories, and U.S. News & World Report described it as $21 billion in financing from Japan.
Gartner warned that $3.5 trillion in AI infrastructure spending is at risk, according to Tech Wire Asia. In the same window, TrendForce forecast hyperscaler capex will exceed $1.5 trillion in 2027, Telecompaper reported.
AI data centre operator Firmus has cancelled a $5 billion IPO, Silicon UK reported. Separately, Private Equity Wire reported that JPMorgan and Goldman are limiting their exposure to a $5 billion AI infrastructure loan.
CoreWeave bonds fell and their yield reached 15%, which BigGo Finance called a warning sign for AI infrastructure financing. 36Kr reported that institutions are warning of default risk at CoreWeave.
SK Hynix has conditioned a new US factory on more US chip-equipment exports to China, Reuters reported, citing sources. The report links the company's US investment directly to export-control policy.
US land buying for AI data centres has reached $6 billion, and power access is driving premiums, ET Datacenters reported. The report puts grid connection at the centre of site pricing.
Threads earlier editions carried that drew more reports in this window.
SK hynix's 20× AI infrastructure forecast. Four more outlets carried the forecast, one framing it as 20 times more memory demand; no new figures.
TSMC's sixth straight record quarter. Nikkei Asia, Benzinga and Reuters carried the results again; no new figures were logged.
CoreWeave's insurance-backed financing push. One more report repeated that CoreWeave wants insurers to help fund its build-out; no new figures.
Supermicro's expanded OCP portfolio. Engineering.com repeated the portfolio expansion; no new figures.
TI's nanosecond power telemetry. The Futurum Group covered the OCP debut; no new figures.
The largest gain was +27.4 points on held-out DafnyBench verification from UC Berkeley and Qwen, using formal verifiers as RL rewards across 1.7B–35B MoE models. Two papers by Boris Ruf and Marcin Detyniecki measured inference energy, one finding 8.9× better tokens per joule with PagedAttention on A100s. Meta reported 1.3× multi-node throughput from automated distributed-training tuning at 235B–671B MoE scale; none of the eight papers released code or weights.
2 charts built from 1 stated figure across 14 stories, the first planned by the composer from the record. Also had the data for pressure and relief by topic. Held back: power committed in deals that state a figure (no deal in this edition states the capacity it commits); power disclosed per edition · last 7 (only 0 of the last 7 editions put a number on it); other figures on the record today (only 1 other figure on the record — the card needs 3); what today covered · topic by region (today’s energy stories fall in one topic or one region — a grid needs two of each).