Data Centers

Google has bought Crusoe’s unfinished data center site in southeast Wyoming and plans to invest $17 billion to build it out, Crusoe confirmed on November 6. Full story in slides above — Sources: TechCrunch, Bloomberg via TechCrunch, November 6–7, 2026.

OpenAI data center expansion is going ahead, election results or not. Chief Financial Officer Sarah Friar told CNBC on Friday that the company will keep pouring money into US data centers to meet customer demand, even after voters used the midterm elections to send a blunt message about the facilities. “When I think about the midterms, I need to keep thinking about how do we keep investing to meet customer demand,” Friar said in the interview, conducted at the Citi TMT Leadership Summit in Pebble Beach, California. ...

Google is going to Wyoming. The company announced Thursday that it will build its first data center in the state, a $17 billion bet on Laramie County that pairs the campus with one of the largest carbon-capture power projects ever tied to a tech company. The Google Wyoming data center will sit near Cheyenne, built with Tallgrass Energy, Black Hills Energy, American Electric Power (AEP) and Related Digital. Google hasn’t said when the campus itself will open, but the power plant behind it has a date: AEP and its partners plan to start construction in 2026 and have it fully running by the end of 2028. ...

Ohio voters delivered the clearest local verdict yet on the AI building boom on November 3, passing bans or restrictions on data centers in at least 14 municipalities, with results still unofficial until county boards certify them. Full story in slides above — Sources: Cincinnati Enquirer, Columbus Dispatch, StockAnalysis, Unite.ai, November 3–4, 2026.

Democrats swept key races on November 3 on promises of tougher data-center rules, with Texas governor-elect Gina Hinojosa pledging an immediate moratorium and an end to tax breaks for the sector — a shift that rattled AI stocks and put the heart of America’s AI buildout under new scrutiny. Full story in slides above — Sources: Agence France-Presse via GMA News, CNBC via Unite.AI, November 4, 2026.

Microsoft raised at least $25 billion in its first US bond sale since 2017, as the cost of building AI data centers pushes even the most cash-rich tech giant to borrow. Full story in slides above. Sources: Bloomberg via Moneycontrol, Business Standard and TipRanks; The Korea Herald, October 29-30, 2026.

A federal judge denied Elon Musk’s xAI bid to throw out the NAACP lawsuit over gas turbines powering its Memphis-area AI data centers, ruling on October 30 that the case can proceed. TechCrunch reported the decision on October 31, and it is the second time in October that a court has refused to end the case early. Judge Debra M. Brown of the U.S. District Court for the Northern District of Mississippi rejected each of xAI’s arguments for dismissal. In her order, she wrote: “Because the plaintiffs have statutory standing under the Clean Air Act, because the combustion turbines are not ‘mobile sources’ under Mississippi’s [State Implementation Plan], and because the citizen suit provision does not violate Article II of the Constitution or the private nondelegation doctrine, the plaintiffs’ claims will proceed.” ...

Alphabet, Meta, Microsoft, Amazon and Oracle have disclosed more than $3 trillion in future spending commitments tied to the AI buildout, up from about $2.4 trillion in July, according to a Bloomberg tally of their quarterly filings published October 30. Full story in slides above — Sources: Bloomberg (via The Next Web), Morgan Stanley via Axios, The Wall Street Journal, October 30-31, 2026.

Meta said Monday it plans to raise up to $95 billion in new equity to fund its AI expansion, starting with about $35 billion in stock offerings and a $60 billion share-sale program to follow. Full story in slides above — Sources: Reuters, The Hindu BusinessLine, October 26, 2026.

Meta reported record third-quarter revenue of $64.6 billion, up 26% year over year, while lifting the floor of its 2026 AI capital-spending plan to $135 billion as its Muse AI agent crossed 10 million users within weeks of launch. Full story in slides above. Sources: AI Parabellum, Sharesify, Particle News, Seoul Economic Daily, BullBuzz, October 21–22, 2026.

Nvidia CEO Jensen Huang said Thursday he does not believe CoreWeave needs a financial backstop, calling the AI cloud firm’s financial strength “improving every day” even as its bonds sank and the cost of insuring its debt hit a record. CoreWeave shares recovered about 6% after his remarks. Full story in slides above — Sources: Reuters, Wall Street Journal, Barron’s, October 15, 2026.

The AI industry’s biggest bottleneck is no longer money — it’s compute. Anthropic, Google and others are now renting GPU capacity from Elon Musk’s SpaceX after demand from Claude Code and other models outstripped their own data centers, per the Wall Street Journal. Full story in slides above — sources: Wall Street Journal, Reuters, TheStreet, October 2026.

Amazon Web Services CEO Matt Garman announced the ‘Built Together’ program on October 2, 2026, pledging more than $1 billion over five years to US communities that host Amazon data centers, alongside an end to nondisclosure agreements with government agencies on new projects. Full story in slides above — sources: AP via South Bend Tribune, WIRED, TechCrunch, Ars Technica, October 2–4, 2026.

Google said on September 24 that its Project Suncatcher prototype satellite “MVP” will fly on SpaceX’s Transporter-18 rideshare mission, currently targeting October 1 from Vandenberg Space Force Base, to test whether its AI chips can survive launch, radiation, and the thermal realities of space. Sources: The Tower Post, Aju Press, September 26, 2026.