Qualcomm to acquire Tenstorrent for $8–10B, reshaping AI chip hierarchy
Qualcomm is acquiring AI chip startup Tenstorrent for $8–10B, giving the San Diego giant a RISC-V accelerator designed to outperform Nvidia on inference workloads that now dominate AI infrastructure costs.
FERC votes tomorrow on grid rule that unlocks hundreds of GW of storage
FERC's June 18 ruling on large-load grid interconnection will set the first federal standard for data centers and battery storage connecting directly to the interstate transmission system, reshaping economics across PJM and three other major grids.
Blackstone and Google spin out standalone TPU cloud with $5B
Blackstone commits $5 billion to a new Google TPU cloud venture, targeting 500 MW of capacity in 2027 and directly challenging Nvidia's dominance in AI infrastructure.
Form Energy's 30 GWh Iron-Air Battery Resets Long-Duration Storage
Minnesota's PUC tariff vote, expected by mid-May 2026, is the regulatory gate for the Xcel-Google-Form Energy 300 MW / 30 GWh iron-air battery — the largest announced storage project by energy capacity in history.
Arm Holdings Launches First In-House Silicon, Targets $15 Billion by 2031
Arm Holdings unveiled its first internally designed AGI CPU on March 25, 2026, targeting $15,000,000,000 in chip revenue by 2031 with Meta as lead customer.
Designs scalable, low-cost unmanned aerial platforms built for high-volume military production and attritable use.