Nvidia weighs up to $250 billion OpenAI funding backstop
Why it matters: The potential commitment would deepen Nvidia’s exposure to the capital-heavy buildout behind the AI boom.
Subject
#Data Centers
New York halts new 50-megawatt data centers for 1 year
Why it matters: The state became the first in the US to freeze large data center projects as AI power and water demands draw scrutiny.
Bloomberg, The Straits Times +3
US opens $17.5 billion loan push for 10 large nuclear reactors
Why it matters: The financing aims to cut years off construction as data-center demand surges and utilities line up sites for AP1000 projects.
CNBC, PBS NewsHour +1
Singtel sells S$1 billion Gulf stake to fund AI, data center push
What's new: The sale leaves Singtel with a 4.95% Gulf stake and adds about S$140 million in equity gains.
CNBC, The Business Times (Singapore)