Pandorex dossier

Data centers

AI services depend on electricity, networks, cooling and capital. We distinguish planned capacity from operational infrastructure and examine the economics of expansion.

19 articles

The questions that matter

How much capacity is operational, and how much is still planned?
Are power, grid connections and cooling secured?
What do the investments mean for cash flow and customer dependencies?

Start here: reporting in context

Selected reporting from our archive. Each article links to its sources.

Cloud & Infra

Oracle’s AI Cloud Grows 121% — but Cash Flow Remains Negative

OCI reaches $7.4 billion. A $664 billion backlog meets $28.5 billion in quarterly capital spending.

September 11, 2026·2 min read

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Cloud & Infra

Google Commits €13 Billion to Finland as 22-Year Deal Supports Loviisa Nuclear Plant

Google is investing €13bn in Finland. A 22-year deal supports Loviisa nuclear power, alongside wind and battery storage.

September 9, 2026·4 min read

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Cloud & Infra

NVIDIA Bundles Australia's AI Buildout: 2 GW Is a Target, Not Live GPU Capacity

Eight partners target up to 2 GW of AI infrastructure by 2027. The figure spans land, power and data-centre capacity.

September 10, 2026·2 min read

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Latest developments & archive

Business & IT

Amazon Reportedly Weighs $8 Billion Nvidia Chip Sale-and-Leaseback

Amazon is reportedly considering transferring Grace Blackwell chips to investors and leasing them back. The potential deal is unconfirmed.

October 2, 2026·2 min read

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Business & IT

Anthropic: Broadcom Combines Chip Supply With a $42 Billion Credit Facility

Broadcom may lend Anthropic up to $42 billion while also supplying technology for its TPU infrastructure.

October 1, 2026·4 min read

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AI & Chips

Project Suncatcher's First Orbital TPU Test Is Not Yet a Data-Centre Trial

Google will test TPUs in orbit for the first time. The flight covers hardware, radiation and cooling—not an orbital data centre.

September 26, 2026·4 min read

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AI & Chips

Alibaba Pulls V900 Roadmap Forward From Q3 to Q1 2027

Alibaba says the V900 will ship with 216 GB in Q1 2027. Its 3× performance figure remains a vendor claim, not an independent result.

September 22, 2026·2 min read

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Regulation & Law

EU Data Centre Label Starts in 2027 — Efficiency Is Not Total Consumption

From August 2027, the EU will rate data centres by PUE and WUE. The label shows efficiency classes, not total consumption.

September 22, 2026·2 min read

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Business & IT

Nscale IPO Filing: $103 Billion Contract Value Meets a Billion-Dollar Loss

Nscale reports $140.6m in half-year revenue and a $1.02bn loss. Its S-1 puts the $103bn contract-value headline in context.

September 19, 2026·2 min read

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Cloud & Infra

Oracle’s AI Cloud Grows 121% — but Cash Flow Remains Negative

OCI reaches $7.4 billion. A $664 billion backlog meets $28.5 billion in quarterly capital spending.

September 11, 2026·2 min read

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Cloud & Infra

NVIDIA Bundles Australia's AI Buildout: 2 GW Is a Target, Not Live GPU Capacity

Eight partners target up to 2 GW of AI infrastructure by 2027. The figure spans land, power and data-centre capacity.

September 10, 2026·2 min read

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Cloud & Infra

Google Commits €13 Billion to Finland as 22-Year Deal Supports Loviisa Nuclear Plant

Google is investing €13bn in Finland. A 22-year deal supports Loviisa nuclear power, alongside wind and battery storage.

September 9, 2026·4 min read

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AI & Chips

Amazon Ties Up to $60 Billion of Business to Qualcomm as AI Chips Become a Hyperscaler Bet

Amazon received warrants for 25m Qualcomm shares, with vesting tied to as much as $60bn of chip-related business.

September 8, 2026·4 min read

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Cloud & Infra

OpenAI Secures Malaysia Compute as Firmus Links Vera Rubin, 900 MW and New Pacific Capacity

OpenAI is reserving compute at two Firmus sites in Malaysia. Firmus now reports more than 900 MW of contracted capacity.

September 8, 2026·4 min read

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AI & Chips

AI Is Driving Memory Prices Higher: Why 'RAMageddon' Goes Beyond HBM

DRAM and NAND are becoming a much larger cost block for cloud providers. The key point is not that AI simply consumes ordinary PC RAM, but that it shifts capacity and supplier priorities across the memory industry — all the way down to notebooks, smartphones and SSDs.

September 7, 2026·6 min read

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Regulation & Law

Golem Calls It an AI Tax — The SPD Has Actually Put Forward a Bundle of Tax and Welfare Options

Germany's SPD parliamentary group wants AI-driven productivity gains to contribute more to public finances and the welfare state. But there is not yet a single, fully defined 'AI tax' with a tax rate and taxable base.

September 6, 2026·6 min read

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Cloud & Infra

Microsoft Invests $10 Billion in Japan's AI Infrastructure and Cyber Defense

Microsoft announces a 1.6 trillion yen (~$10B) investment in Japan for AI data centers and cyber defense cooperation with the Japanese government. A clear signal: AI infrastructure is becoming a matter of national security.

April 4, 2026·4 min read

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Cloud & Infra

Microsoft Invests $10 Billion in Japan for AI Infrastructure and Cyber Defense

Microsoft announces a $10 billion investment in Japan for AI data centers and cybersecurity cooperation with the government — a sign that AI infrastructure is becoming a matter of national security.

April 3, 2026·4 min read

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Cloud & Infra

Oracle Cuts 30,000 Jobs in One Day -- AI Data Centers Consume Jobs

On March 31, 2026, thousands of Oracle employees received termination emails at 6 AM. Up to 30,000 positions worldwide are being eliminated. The restructuring costs: 2.1 billion dollars.

March 31, 2026·7 min read

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Regulation & Law

Data Protection Compared: Why Switzerland Is Safer Than the EU

Swiss nDSG vs. GDPR, CLOUD Act, FINMA regulation and political neutrality — why Swiss data centers are the better choice for sensitive data.

March 29, 2026·8 min read

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Cloud & Infra

Microsoft in March 2026: Sovereign Cloud, Edge Copilot and Superconductor Data Centers

Microsoft's key announcements from March 2026: sovereign cloud regions for Europe, AI in the Edge browser, and research into superconducting data centers.

March 28, 2026·5 min read

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Cloud & Infra

Cloud Under Fire: Iranian Drones Hit AWS Data Centers in Three Countries

Since the start of the war, Iran has attacked AWS data centers in the UAE and Bahrain with drones. Structural damage, power outages and water damage — physical destruction of cloud infrastructure is no longer a theoretical risk.

March 15, 2026·6 min read

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