The desk
Richard Tang writes about technology and AI for The Inference. His essays question the premise, explain the mechanism, and say who gains and who loses when something changes.
Filed by Richard Tang
Data Center
OpenAI wants data centers called 'compute campuses'; the power bill still decides the buildout
OpenAI confirmed on Sunday it wants data centers called "compute campuses," two days before midterm elections that could hand Democrats Congress. The new name changes no electric bill, and the bill, not the vocabulary, is what now gates the AI buildout.
· 3 min read
Data Center
Corning doubled AI fiber sales and collected $639 million of customer deposits; the stock fell 14.1% anyway
Corning doubled Gen AI fiber sales, signed multibillion-dollar supply deals and took customer deposits to fund capacity, yet the stock dropped 14.1% in a month. The market is repricing the multiple, not the business, and the bet hinges on a 2028 architecture shift that is still a forecast.
· 3 min read
Data Center
Bit Digital holds a first-priority lien on the equity behind WhiteFiber's $865 million Nscale contract
Eleven analysts average a $38 target on WhiteFiber. The proxy filed October 21 shows Bit Digital's lending arm holds a first-priority lien on the equity of the project company carrying the $865 million Nscale contract, three weeks before the first quarterly print since the August rescue.
· 3 min read
Power
Centrus Energy shipped its first new centrifuge early; the $560 million buildout faces November 5 earnings
Centrus met its own year-end deadline three weeks early, and the stock fell anyway. The AI-driven nuclear demand the company was built to serve is signing binding contracts; the $560 million buildout behind it is the part investors have to finance, and the first print on that arrives November 5.
· 3 min read
Security
Nutanix confirms a critical 9.3-rated Linux kernel flaw across its whole stack before earnings
A 9.3-rated kernel escape that lets a guest read the host now spans all versions of Nutanix's AOS, AHV and Prism Central stack, in the quarter that just closed. The patch-and-reboot bill is arriving in time for the earnings call.
· 3 min read