computing

Elon Musk stated that SpaceX is expected to achieve actual usable computing power next year that is approximately equivalent to half of the global scale. He emphasized that "actual usable" is an important metric, and it is expected to take two months of continuous work to stabilize the large computing clusters, while other companies may need six months.

According to a Torus announcement, this energy storage company headquartered in Salt Lake City, USA, has completed a $500 million Series C financing round, led by Magnetar, with participation from ICONIQ, Origin Ventures, Ridgeline Partners, and Trinity Capital.Torus also launched a modular AI inference computing power product called Foundry, which integrates power supply, energy storage, heat dissipation, networking, and computing power into prefabricated equipment, with each site ranging from 1 to 20 megawatts, requiring approximately 12 to 16 weeks from contract signing to operation. The first batch of customers includes Hydra Host, and the company's goal is to deploy over 47,000 GPUs by the end of 2027.

Arbitrum posted on platform X: LoafMarkets will launch perpetual contracts for computing power on Arbitrum One, followed by the solar energy and data center markets.

According to BBX data, yesterday and in recent days, global publicly listed companies in the U.S. stock market have announced the latest developments regarding the sale of digital asset reserves and business operations, with key information as follows:· Hyperscale Data (NASDAQ: $GPUS) liquidated the remaining 211 bitcoins, fully transforming into an AI data center: The publicly listed company Hyperscale Data announced that as of November 8, the company has sold all of the remaining 211.56 bitcoins on its balance sheet at an average price of approximately $76,000 per bitcoin, cashing out about $16 million. Since initiating the liquidation of its reserves in late July this year, the company has cumulatively sold about 1,113 bitcoins, generating total revenue of approximately $74.4 million. The official statement clearly indicates that these funds will be specifically used to repay company debts and accelerate the construction of its AI data center in Michigan.· Bitdeer (NASDAQ: $BTDR) released its Q3 2026 financial report, with bitcoin production surging 248% year-on-year: Leading bitcoin mining company Bitdeer announced impressive performance for the third quarter. The total revenue for the quarter reached $320.7 million, a significant year-on-year increase of 89%; adjusted EBITDA soared 173% to $69.6 million. In terms of computing power and output, its self-mining computing power surged 135% year-on-year to 82.3 EH/s, driving the total bitcoin production for the quarter to 3,855 bitcoins, achieving an astonishing year-on-year growth of 248%.· SOL Strategies disclosed Q4 performance, with its HoudiniSwap trading volume skyrocketing: SOL treasury ecosystem company SOL Strategies released preliminary unaudited performance for the fourth fiscal quarter. The total revenue for the quarter was approximately CAD 4 million (about USD 2.83 million). Notably, its decentralized exchange protocol HoudiniSwap successfully processed approximately CAD 326 million (about USD 231 million) in exchange transactions during its first full quarter after being integrated into the company, generating approximately CAD 3.4 million (about USD 2.41 million) in exchange fee revenue. Its trading volume in September saw a significant increase of 37% compared to June.

According to the Financial Times, U.S. regulators have delayed Wall Street's request to promote artificial intelligence computing power futures trading.

According to PR Newswire, Marble, an institutional multi-asset trading and computing credit company founded by former BitGo and Galaxy Digital executives Matt Ballensweig and Leon Marshall, has announced its launch and completed a $11 million seed round financing, led by Polychain Capital, with participation from institutions such as Maven 11, Ripple, Susquehanna Crypto, Lattice, Blockwall, and several angel investors in the AI field.Marble operates through two business lines. Marble Compute focuses on building private credit channels for AI infrastructure, connecting institutional lenders with neoclouds and GPU operators; Marble Markets builds an institutional trading platform covering digital assets, real-world assets, prediction markets, and computing power.The two founders serve as co-CEOs: Ballensweig was the global trading head at BitGo, and Marshall was the CEO of Galaxy Digital's European operations.

According to Caixin, Chen Zhongyue, Chairman of China Mobile, stated on November 6 at the 2026 Mobile Network Conference that the largest incremental investment for China Mobile in 2026 will be in computing power. This year, three gigawatt-level computing parks will be newly constructed, expected to deliver 1.5 gigawatts of capacity, and next year, two more will be built, bringing the total to seven gigawatt-level data parks.Chen Zhongyue mentioned that China Mobile has established multiple ten-thousand-card intelligent computing clusters, and in the next two years, computing capacity will double continuously; by 2027, the total procurement amount is planned to be increased to over 500 billion yuan, with more than 100 billion yuan invested in computing power. In addition, China Mobile has currently set up six data centers overseas.

Vitalik Buterin posted on the X platform expressing disagreement with the recent strong negative reactions against the anti-data center movement, believing that the overall benefits of slowing down the massive expansion of computing power outweigh the drawbacks.Vitalik pointed out that with continuous advancements in algorithms, the AI capabilities that will require larger-scale data centers in the next two years may be achievable through existing data centers in about four years or even a shorter time. Therefore, even if the anti-data center movement achieves significant results, it may not necessarily lead to catastrophic consequences.He further stated that the world needs more time to address the already evident cybersecurity threats and potential future risks such as biosecurity. At the same time, scientific research is constrained by many factors beyond AI, so a one-year slowdown in AI development may result in a practical delay in scientific progress that is much less than a year. He emphasized that this judgment does not rely on the controversial AI doomsday risk theory.

Ethereum co-founder Vitalik Buterin expressed his disagreement with the strong emotional reaction against the anti-data center movement this week. The core logic is based on algorithmic advancements; now larger and more data centers are needed to complete tasks that could be done in two years with existing data centers in four years (or even sooner). Therefore, even if the anti-data center movement achieves extreme success, it will not trigger any apocalyptic catastrophic consequences.Vitalik pointed out that slowing down the expansion of computing power can buy humanity more time to strengthen responses to the already emerging cybersecurity issues and potential biological risks in the future. At the same time, scientific applications are constrained by many factors beyond AI, so if AI development slows down for a year, the degree of scientific progress slowdown will be much less than a year. Overall, the slowdown in the massive expansion of computing power seems to have a net positive effect, and this judgment does not rely on controversial arguments such as "apocalyptic theories" or recursive self-improvement (RSI).

Tom Lee, Chairman of the Bitcoin treasury company Bitmine, stated in an interview with CNBC that the AI investment boom is far from over. As more and more users utilize tokens, the demand for computing resources may continue to rise, leading to a tightening of computing power supply again and driving related prices up. The bottleneck in AI infrastructure may once again become a focus of market attention. In addition, while many states and local communities in the United States welcome the economic benefits brought by AI investments, they will also seek to promote related investments based on their own conditions and strengthen AI safety regulations.

Market news indicates that Microsoft is gradually terminating its transactions with Oracle related to renting artificial intelligence cloud computing power.

CNBC cited four informed sources reporting that the Chinese artificial intelligence startup Dark Side of the Moon had discussions this year with several emerging cloud service providers operating data centers in Europe, seeking to rent computing power provided by NVIDIA GPUs. Three of the sources stated that Dark Side of the Moon primarily sought to rent NVIDIA's latest Blackwell series chips; one source indicated that the two parties had discussed renting a computing cluster deployed in Europe, consisting of 8,000 or more Blackwell chips.The sources said that Dark Side of the Moon mainly hopes to utilize these chips for AI model inference while also intending to acquire model training computing power. The United States currently prohibits the export of NVIDIA's most advanced AI chips to China, but existing laws have not granted regulatory agencies broad authority to restrict Chinese companies from remotely using these chips through overseas cloud services. Some cloud service providers and financing institutions, concerned about the U.S. tightening remote usage restrictions, have sought to charge higher advance payments, with proposals requiring Dark Side of the Moon to pay advance payments 30% to 50% higher than those of non-Chinese clients. Dark Side of the Moon was established in 2023 and owns the Kimi series models.

OpenAI released the "National Community Compact" and the "Compute Campus Policy Blueprint," referring to AI data centers as "Compute Campus," and made commitments regarding community communication, energy costs, and information transparency.The compact applies to the campuses that OpenAI will own and operate in the future. It clearly states that public officials will not be required to sign non-disclosure agreements (NDAs) as a condition for discussion or negotiation, retaining only limited protection for security information, trade secrets, or proprietary sensitive information; it will bear the full costs of electricity and supporting infrastructure, protecting other users' electricity rates; publicly disclose construction plans, as well as impacts such as noise, water usage, electricity usage, and sustainability.The policy blueprint calls for federal, state, and local governments to legislate to limit mandatory NDAs for public officials, require disclosure of environmental impacts and employment data, and protect residents from subsidizing the electricity costs of data centers.

According to exclusive reports from Axios Pro, sources say that the computing power trading platform Ornn is negotiating the third tranche of its Series A financing, which could value the computing power trading startup at over $1 billion. If the deal is finalized, Ornn will become the highest-valued startup in the field.This negotiation follows Ornn's completion of the second tranche of Series A financing at a valuation of $800 million, just about four months after it completed its seed round financing. In June of this year, Ornn completed a $33 million seed round financing led by a16z crypto.Ornn primarily builds financial infrastructure for AI computing power, connecting neocloud with the GPU computing power of data centers to buyers willing to sign short-term contracts, and publishes a computing power price index, which has been integrated into Bloomberg terminals. The Intercontinental Exchange (ICE) plans to launch contracts linked to the Ornn computing power price index, but has not yet received regulatory approval.

Cory Klippsten, the founder of Swan Bitcoin, believes that the risk of hackers using large language models to detect security vulnerabilities is more imminent than the threat of quantum computing.

Elon Musk posted on the X platform, stating that the future superintelligent computing power will obviously be deployed mostly in space. This "mostly" means that this proportion will be rounded directly to 100%.