ComputeLabs Research
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People familiar with the discussions said NVIDIA and OpenAI were nearing a financing agreement for a large Ohio data-center campus. The reported transaction had not been signed, although an agreement could reportedly be reached as early as the weekend.
SpaceX disclosed that its merger with AI coding-tool company Cursor became effective on August 14, two months after the acquisition agreement was announced. Cursor’s implied equity value in the completed transaction was $60 billion.
Micron Technology launched the Micron Ventures Paradigm Fund with $250 million in investment capacity. The company described it as Micron Ventures’ third fund and its largest vehicle to date.
Axe Compute reported $3.2 million of second-quarter revenue, representing its first full quarter of compute-service revenue and an increase of more than 90 times sequentially. All of that revenue came from Axe Compute Access, which rents already-online third-party graphics processing unit capacity; revenue from its dedicated Axe Compute Build contracts begins only when deployments go live.
SK hynix reported consolidated cash spending of ₩18.3288 trillion on purchases of tangible assets during the first half of 2026. That compared with ₩10.6157 trillion in the corresponding 2025 period, an increase of 72.7%.
Lightmatter launched the Open Silicon Photonics for AI Systems initiative as an official workstream within the Open Compute Project. The initiative concerns co-packaged optics architecture for AI systems.
Supermicro displayed the ASG-4116S-NU160R on the FMS 2026 show floor. It is a 4-rack-unit storage server with 160 bays for Non-Volatile Memory Express solid-state drives.
Li Auto is exploring the development of a proprietary cloud-inference chip, according to multiple sources cited by LatePost (晚点). The project remains at an early stage and is expected to use the same dataflow architecture as the company’s autonomous-driving chip.
Shengyi Technology (生益科技) reported first-half 2026 revenue of RMB 19.026 billion, an increase of 50.05% year over year. Net income attributable to listed-company shareholders was RMB 3.287 billion, up 130.42%, while total profit rose 129.33% to RMB 4.221 billion.
Digi Power X said construction of its Tier III AI data center in Columbiana, Alabama, remained on schedule. Phase 1 is expected to deliver 15 megawatts of information-technology load in December 2026, followed by an additional 25 megawatts in Phase 2 in March 2027, for as much as 40 megawatts of IT load.
The Federal Energy Regulatory Commission approved PowerTransitions’ proposed acquisition of a 1.2-gigawatt gas-fired power plant in New York. PowerTransitions intends to use the acquired facility for an “energy campus.”
TerraVolt Holdings entered into a natural-gas supply agreement in April 2026 for 55,000 million British thermal units per day. The fuel is intended for a planned on-site-powered data-center campus in Southeast Idaho connected to the Northwest Natural Gas Pipeline.
Quinbrook’s Supernode battery-storage project placed its second phase into commercial operation, bringing Phases 1 and 2 to fully operational status. Their combined power and energy ratings are 520 megawatts and 1,858 megawatt-hours, respectively.
Fermi entered into a definitive lease with the first tenant for Project Matador on August 9, 2026. The company said vertical construction was expected to begin following execution of that lease.
Digi Power X reported approximately $1.1 million of GPU bare-metal rental revenue from roughly five weeks of second-quarter operations. This was the company’s first AI-compute revenue and formed part of total quarterly revenue of approximately $6.6 million.
Google Cloud made Compute Flexible Committed Use Discounts available for G2 virtual machines using NVIDIA L4 GPUs and G4 virtual machines using NVIDIA RTX Pro 6000 GPUs. The program allows customers to receive committed-spend discounts on these GPU-backed virtual-machine families.
Alibaba Cloud launched Lingjun Zhenwu M890 Supernode (灵骏真武 M890 超节点) instances, with the first offering made available for sale in Wulanchabu. The source describes it as China’s first supernode-form compute platform to run models containing more than 2 trillion parameters.
China’s National Supercomputing Internet (国家超算互联网) added the production release DeepSeek-V4-Pro-0813 and the DeepSeek Harness agent framework. The platform describes itself as the country’s first 100,000-card-class pool integrating supercomputing and intelligent-computing resources.
Alibaba released the Qwen3.8 model series for developers, research institutions and companies to download, deploy and use. Qwen3.8-27B is a native multimodal dense model containing 27 billion parameters.
Waymo said the California Public Utilities Commission approved an expansion of its autonomous ride-hailing service in the San Francisco Bay Area. The regulator also approved an expansion in Los Angeles.
SpaceXAI launched Grok 4.6 within GitHub Copilot. The integration makes the model available through a software-development assistant used for coding workflows.
