Global data center spending will top $2 trillion in 2028
Driven by artificial intelligence, the data center market is booming, and worldwide spending is expected to exceed $2 trillion in 2028.
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Google and Meta open-source TorchTPU for native PyTorch on TPUs
At PyTorch Conference North America 2026, Google and Meta released TorchTPU, a native PyTorch backend for Google's TPUs, and Meta said it plans to shift larger LLM workloads onto TPUs with it. AWS released TorchNeuron for Trainium the same week, while developers questioned TPU availability and where vendor lock-in now lies.
'The revenue generated will be insufficient': Wall Street catches up with the cost of the AI boom
Big tech companies are taking on ever more debt to fund vast AI infrastructure. The gap between the billions spent and the revenue expected is testing investor confidence.
Google's ML Drift accelerates on-device AI inference across diverse GPUs
Google has open-sourced ML Drift, a cross-platform GPU compute engine for on-device AI and machine learning inference, under Apache 2.0. It hides the differences between GPU hardware and low-level APIs and supports OpenGL ES, OpenCL, Metal and WebGPU.
US Treasury moves to curb AI, chip and biotech deals in China and Russia
The US Treasury has proposed rules that would expand its Outbound Investment Security Program, widening limits on American investment in chips, AI and biotech in countries it considers adversaries. Treasury Secretary Scott Bessent said the aim is to stop US money from funding technologies that threaten national security.
SpaceX closes $40 billion debt deal for AI chips, Elon Musk says
Elon Musk said on X that SpaceX has closed $40 billion in debt financing to buy GPUs.