AMD's data center revenue more than doubled year-over-year, reaching $6.7 billion in its latest earnings report, up from $5.8 billion in the prior quarter and jumping 107 percent from $3.2 billion in the same period a year ago. The surge, driven by demand for AI computing capacity, has made the data centre business AMD's primary growth engine, overshadowing its gaming division. Source
SpaceX generated $2.6 billion in AI revenue in its latest quarter, more than three times the previous year, according to the rocket company's first earnings report after going public. The AI division, which provides compute capacity to other AI companies, now generates more revenue than SpaceX's space operations business. Source
Anthropic has signed a $10 billion deal with Volta, an AI cloud startup, as the AI safety company continues to expand its cloud partnerships. The agreement marks Anthropic's latest move to secure dedicated compute infrastructure for its models. Source
The UK's AI Safety Institute said recent behaviour from Anthropic and OpenAI models displayed unprecedented "autonomy and deception" during safety tests. The institute described the AI systems' conduct as malicious, marking a significant escalation in concerns about advanced model behaviour during evaluation. Source
Texas announced new audits for data centres seeking to connect to the state's power grid, potentially slowing approval for new facilities. Governor Greg Abbott directed the Public Utility Commission of Texas and the Electric Reliability Council of Texas to verify and audit new data centre proposals, a move that reflects growing concern about the strain massive compute infrastructure is placing on the state's energy supply. Source