The daily briefing

Information cutoff: 06:55 Europe/London Morning View — The overnight signal is that AI infrastructure demand is not slowing so much as changing shape. Huawei has put firm 2027 dates around two new Ascend accelerators and is betting that UnifiedBus can compensate for weaker individual chips by connecting very large numbers of domestic processors. At the same time, Amazon has locked in $2.4bn of initial Generac backup-generator deliveries for 2027–28, and…

Morning View The cleanest signal this morning is that the AI infrastructure cycle is bifurcating rather than slowing. SK Hynix is in exploratory talks with Intel over producing memory in the United States for the first time, potentially through leased Ohio capacity or a structure involving large cloud customers, while Anthropic has signed its first Australian data-center lease at a planned 2.16GW campus dedicated to inference. Both developments land immediately…

Information cutoff: 06:50 Europe/London Morning View The most important change this morning is that enterprise AI adoption is beginning to hit a security boundary that sits above raw model capability. Palantir, Nvidia and Booz Allen Hamilton are reportedly restricting or reconsidering use of frontier models for sensitive work because of data-retention and intellectual-property concerns. That is a more consequential signal than another benchmark release: if enterprises cannot obtain durable guarantees…