Two themes dominated coverage this week. The first is the accelerating debate over who bears the costs of data center growth, playing out simultaneously at the regulatory, legislative, and grid-operations level. PJM proposed requiring data centers to supply their own power, several states including Michigan, Texas, and Pennsylvania advanced or enacted rules addressing energy, water, and labor responsibilities, and utilities in Kansas, Missouri, and Virginia flagged potential rate increases of up to 10 percent for other ratepayers. The second theme is the scale of capital moving into AI infrastructure: Anthropic signed a $45 billion compute capacity deal with Nscale, Nebius raised $5.75 billion in convertible notes, FluidStack raised $830 million, and OpenAI announced plans for what it described as the world's largest AI data center campus in Ohio, while Hyundai separately announced a 100MW, 50,000-GPU campus it will operate outside cloud providers.
Stories covered this period:
- Anthropic Signs $45 Billion Compute Capacity Deal With Nscale
- OpenAI Plans World's Largest AI Data Center Campus in Ohio
- Volato Merges With Alignment Engine in $500 Million AI Infrastructure Deal
- PJM Proposes Data Centers Must Supply Their Own Power
- Pennsylvania Governor Shapiro Signs Data Center Executive Order Amid Criticism
- Nebius Raises $5.75 Billion in Convertible Notes for GPU Expansion
- Hyundai Plans 100MW Campus With 50,000 GPUs, Bypassing Cloud
- Missouri Grid Faces Costly Upgrades as AI Data Center Demand Climbs
- Nvidia Invests in Lancium, a Power-Anchored Data Center Land Company
- Microsoft Starts Pre-Construction on Vaasa, Finland Data Center