# Infrastructure

[https://timesof.ai/category/infrastructure](https://timesof.ai/category/infrastructure)

Chips, cloud capacity, data centers, and the physical stack behind AI systems.

## Coverage

- [Nscale Says Its Anthropic Contracts Pushed It Into Chip Orders It Cannot Cancel, and It Needs New Financing to Pay for Them](https://timesof.ai/2026/11/nscale-amended-s1-needs-financing-anthropic-monarch-purchase-orders) — Nscale's amended S-1 says some chip orders tied to its $44.6B Anthropic deal can't be cancelled and it needs new financing for 2027. Nine-month loss $1.69B.
- [Torus Raises $500 Million to Put AI Inference Where Spare Grid Power Already Sits, in Units It Says Go Live in 12 to 16 Weeks](https://timesof.ai/2026/11/torus-500m-foundry-modular-inference-spare-grid-power) — Magnetar-led $500M backs Torus Foundry: 1-20 MW inference units on existing grid connections, live in 12-16 weeks, per Torus. Hydra Host is a first customer.
- [Microsoft Is Lobbying Against a Ban on Chinese Optical Parts That Wire AI Data Centers Together, Reuters Reports](https://timesof.ai/2026/11/microsoft-presses-trump-against-chinese-optical-transceiver-ban-reuters) — Reuters: Microsoft is pressing the Trump administration to drop a planned FCC ban on new Chinese optical transceivers used in AI data centers. Microsoft declined to comment.
- [Google Splits Its Eighth-Generation TPU Into Four Systems, Adding a Confidential-Computing Chip and a Dual-Die Long-Context Part](https://timesof.ai/2026/11/google-tpu-8tx-8i-max-confidential-long-context) — Google's TPU 8tx targets confidential inference and TPU 8i Max doubles 8i compute and HBM bandwidth, Google says. No prices, dates or independent benchmarks yet.
- [Anthropic Bought Its Way Into a Generator Queue: $3.4 Billion for 1.7 Gigawatts of Gas Power, FT Reports](https://timesof.ai/2026/11/anthropic-3-4b-gas-generators-1-7gw-onepwr-ft) — FT: Anthropic paid about $3.4B for 1.7GW of gas generators by taking over OnePWR's existing orders. Anthropic hasn't commented; Reuters couldn't verify the report.
- [Microsoft Is Letting Its Oracle AI Rental Lapse Because the Older Nvidia Chips No Longer Fit, Bloomberg Reports](https://timesof.ai/2026/11/microsoft-winds-down-oracle-ai-cloud-rental-bloomberg) — Bloomberg says Microsoft declined to renew a 2023 deal renting Oracle AI capacity built on older Nvidia chips. Oracle says demand stays strong; terms undisclosed.
- [ING Is Said to Auction About $500 Million of Data-Center Loans, Including a Stargate New Mexico Slice](https://timesof.ai/2026/11/ing-500m-data-center-loans-bwic-stargate-nm) — CNBC, citing Bloomberg: ING is shopping ~$500M of data-center loans, including a ~$25M Stargate New Mexico slice. ING declined to comment.
- [Qualcomm Booked About $650 Million From Data Centers and Says It Could Sell More If It Had the Supply, as Phone Chip Sales Fell 26%](https://timesof.ai/2026/11/qualcomm-650m-data-center-quarter-5b-fiscal-2027-target) — Qualcomm reiterated a $5B fiscal 2027 data center target and said it booked about $650M in data center revenue last quarter as handset sales fell 26%.
- [About 600,000 Nvidia H200 Chips Are Stuck in Hong Kong as Beijing Withholds Import Approval, Reuters Reports](https://timesof.ai/2026/11/nvidia-600000-h200-chips-hong-kong-china-withholds-approval) — Reuters says about 600,000 Nvidia H200 chips sit in Hong Kong as Beijing withholds approval for large imports, pushing up grey-market server prices.
- [Arm Posts a Record $1.44 Billion Quarter and Says Its $2 Billion Target for Its Own AI Server Chip Is Now 'Very Achievable'](https://timesof.ai/2026/11/arm-record-quarter-agi-cpu-2b-data-center-royalties-double) — Arm's revenue rose 27% to $1.44B, data center royalties doubled, and it says $2B of AGI CPU sales is very achievable. Royalties missed estimates.
- [Google Will Backstop Anthropic's $19B of Kentucky Leases With TeraWulf, Covering Rent if Anthropic Defaults](https://timesof.ai/2026/11/google-backstops-terawulf-anthropic-19b-kentucky-leases) — Google signed credit support for Anthropic's ~$19B TeraWulf leases in Kentucky. On default it can pay rent and assume the lease or pay a termination fee, the 8-K says.
- [Fal Doubles Its Valuation to $16 Billion in Six Months With a $1.3 Billion Round to Buy More Compute for Image and Video Models](https://timesof.ai/2026/11/fal-raises-1-3b-at-16b-valuation-bessemer-generative-media-inference) — AI inference startup Fal raised $1.3 billion at a $16 billion valuation, double April's, to buy more compute after rate-limiting customers this summer.
- [Drax, Brookfield and Qatar's Qai Plan an AI Data Centre at Drax Power Station That Could Cost More Than £20 Billion](https://timesof.ai/2026/11/drax-brookfield-radiant-qai-gw-ai-data-centre-north-yorkshire) — Drax, Brookfield, Radiant and Qai plan GW-scale AI data centre capacity at Drax Power Station; investment could exceed £20bn, with 100MW targeted from 2028.
- [AMD's Data Center Sales Nearly Double to $8.5 Billion, and It Tells Investors to Expect More Than 80% Revenue Growth in 2027](https://timesof.ai/2026/11/amd-q3-2026-data-center-revenue-up-97-percent-q4-17b-outlook) — AMD's data center revenue rose 97% to $8.55B in Q3, it guided Q4 to about $17B, and Lisa Su said revenue should grow more than 80% in 2027.
- [Oracle Prices Its $20 Billion AI Raise at a Steep Cost: Bond Coupons Up to 8.65% and New Shares 11% Below Friday's Close](https://timesof.ai/2026/11/oracle-prices-20b-stock-and-notes-up-to-8-65-percent-ai-buildout) — Oracle priced $10B of notes at 7% to 8.65% and 86.2M shares at $116 to fund its AI data centres, calling it the final raise of the cycle. Shares fell over 8%.
- [OpenAI's 'Grid Protectors' Program Rebrands a Georgia Deal Already on the Books: Up to 1,000 MW It Will Cut When the Grid Is Strained](https://timesof.ai/2026/11/openai-grid-protectors-georgia-1000-mw-demand-response) — OpenAI's Grid Protectors Program pledges AI campuses will cut power use at peak times. Its pilot is a Georgia Power deal approved in August, with up to 1,000 MW of flexibility.
- [Moffett AI Raises Nearly RMB 1 Billion Again, Five Months After Its Last Round, to Build Sparse-Computing Inference Chips](https://timesof.ai/2026/11/moffett-ai-series-c-plus-nearly-1b-yuan-sparse-inference-chips) — Shenzhen's Moffett AI closed a nearly RMB 1 billion Series C+, its second such round in five months, to develop sparse-computing AI inference chips.
- [Marvell Agrees to Buy Lumentum for $115 Billion in Stock, Betting That AI Data Centres Will Run on Light](https://timesof.ai/2026/11/marvell-to-buy-lumentum-115b-all-stock-ai-optics) — Marvell will buy Lumentum for $115B in stock, 4.5 shares each, to own AI data-centre optics. Closing targeted for H1 2028 pending approvals.
- [Nvidia Lowered Vera Rubin's Published Memory and NVLink Bandwidth, Calling the Original Figures Preliminary Targets](https://timesof.ai/2026/11/nvidia-vera-rubin-spec-sheet-hbm4-nvlink-bandwidth-lowered) — Nvidia now lists Vera Rubin at 19.2 TB/s HBM4 and 3 TB/s NVLink per GPU, down from 22 and 3.6. It says early figures were targets; benchmarks used production specs.
- [National Grid Buys 73 Acres on Teesside for a Substation to Power a Planned AI Data Centre](https://timesof.ai/2026/11/national-grid-teesside-substation-dorman-point-ai-data-centre) — National Grid agreed to buy 73 acres at Dorman Point for a 400 kV substation feeding a planned AI data centre. It cites over 1 GW; the mayor says up to 3.2 GW.
- [AWS Growth Hit 39% as Amazon Said It Will Sell Trainium Chips Outside Its Cloud From Late 2027](https://timesof.ai/2026/10/amazon-q3-2026-aws-39-percent-trainium-outside-aws) — AWS revenue rose 39% to $46.0B. Jassy projects 40%+ growth in 2027-28 and says Trainium chips will be sold outside AWS from late 2027. Free cash flow: -$42.4B.
- [TPG Is in Talks to Buy UK Data Centre Group Ark From Elliott at About $5 Billion, FT Reports](https://timesof.ai/2026/10/tpg-talks-buy-ark-data-centres-5b-elliott) — TPG is in talks to buy UK data centre operator Ark from Elliott at about $5 billion, the FT reported. Ark's Crown Hosting JV serves UK government demand.
- [Oracle Puts ChatGPT and Codex Into Its Software and Adds Google TPUs, OpenAI's Jalapeño Chip and Cerebras to Its Cloud](https://timesof.ai/2026/10/oracle-ai-world-openai-suite-google-tpus-jalapeno-cerebras-oci) — Oracle brought ChatGPT plugins and Codex into its apps with OpenAI and said Google TPUs come to OCI in 2027. CNBC says OpenAI's Jalapeño chip and Cerebras will run on OCI too.
- [OpenAI Plans to Buy Google's AI Chips, The Information and Bloomberg Report; Neither Company Confirms, but an OpenAI Job Ad Seeks a TPU Compiler Engineer](https://timesof.ai/2026/10/openai-plans-to-buy-google-tpus-compiler-hire) — The Information and Bloomberg report OpenAI plans to buy Google's AI chips; neither company confirms. An OpenAI job ad seeks an engineer to run its models on TPUs.