Technology & AI

Banks led by Morgan Stanley have assembled roughly $15 billion in debt for a 2,000-acre Anthropic-leased data center campus in Hubbard, Texas, backstopped by Google — and are already moving to offload the exposure via bond sales, according to CNBC, Bloomberg and the Financial Times.

Zillow is eliminating over 500 roles, about 7% of its workforce, in a restructuring CEO Jeremy Wacksman says is about cost discipline — its second and largest round of cuts this year, coming a day before Q2 earnings.

Gov. Greg Abbott directed the PUCT and ERCOT to audit every data center in Texas’s 474-gigawatt interconnection queue before granting grid connections, pausing the state’s Batch Zero review process.

Kelley Blue Book Homes, backed by True Footage’s TrueTracts appraisal technology, launched a free nationwide home valuation platform in 11 states Monday, targeting accuracy within 3% of final sale price.

Adwerx launched a Canva integration letting real estate agents import designs directly into ad campaigns without downloading or re-uploading files, available now at no additional cost.

71% of Americans oppose data centers in their local area, Gallup finds, as New York enacts a statewide moratorium and county votes diverge from Georgia to Arkansas ahead of key primary elections.

The Clarksville City Council approved industrial revenue bonds backing Serverfarm’s $6.6 billion data center campus, capping a financing process that drew community pushback over transparency.

Amazon now expects to spend about $220 billion on capex in 2026 as AWS backlog hits $496 billion, underscoring how much of the AI boom is landing as physical data center construction in states like Indiana, Louisiana and Oregon.

Intercontinental Exchange’s Mortgage Technology segment grew revenue 5% to $557 million in the second quarter, while operating income more than quadrupled to $45 million as Closing Solutions led product-line growth.

LPT Aperture Holdings, parent of LPT Realty, has acquired Speculo, an AI database-engagement startup whose Remi assistant flags when past clients are ready to re-engage, adding intent detection to LPTA’s growing AI toolset.

Procore Technologies is buying construction robotics and visual intelligence platform DroneDeploy for approximately $845 million in cash, aiming to combine the two companies’ jobsite data into AI tools the company calls digital coworkers.

Aligned Data Centers closed a $1.183 billion asset-backed securities deal, upsized 30% on strong demand, backed by four campuses and 14 enterprise tenants, as capital markets keep underwriting the AI data center buildout.

Equinix is marketing at least $3 billion in investment-grade notes, Bloomberg reports, a day after the data center REIT raised 2026 guidance and its long-term capex outlook.

Henry AI raised $16.5 million in a Series A led by FirstMark Capital, with RXR’s venture arm among the backers, to expand an AI platform that has already generated more than 20,000 deal documents worth $150 billion for commercial real estate brokerages.

Antares Labs launched with $7.25 million in seed funding from Fifth Wall and other investors to embed custom AI systems directly inside real estate owner-operators, targeting lease-up, churn and investment decisions.

AMD will secure more than 500 megawatts of U.S. data center capacity from Core Scientific starting in 2027, in a warrant-based infrastructure deal that could expand to 2.5 gigawatts across the company’s seven-state footprint.

Equinix posted 16% revenue growth and record interconnection additions in the second quarter, prompting the data center giant to raise both its full-year 2026 guidance and its long-term outlook through 2029.

Data center operator CyrusOne has named John Hatem, a nearly 15-year company veteran, as its new chief executive, succeeding Eric Schwartz as the company positions itself for continued AI-driven infrastructure growth.

A West Philadelphia renter’s class-action lawsuit against property manager Willow Bridge and software firm RealPage is reportedly the first case testing Philadelphia’s year-old ban on algorithmic rent-price coordination.

The Energy Department named Utah, Oklahoma, Tennessee, Idaho and Louisiana as finalists to host nuclear ‘innovation campuses’ that could draw $50 billion in investment and, potentially, adjacent data center development.

Meta and BlackRock announced a joint venture to develop and operate a roughly $14 billion, 1-gigawatt AI data center campus in El Paso, Texas, with BlackRock-managed funds taking an 80% ownership stake and Meta as sole tenant.

Brookfield and NextEra Energy will develop a $100 billion AI data center campus with 4.6 gigawatts of dedicated power at DOE’s former Paducah, Ky., uranium enrichment site.

Lone Wolf Technologies launched Talent, an AI-powered addition to its BrokerMetrics platform that flags agents at risk of leaving a brokerage and helps build the case to recruit new ones, built around an AI teammate the company calls Aspen.

Nvidia is the previously unnamed tenant behind Hut 8’s $19.6 billion Beacon Point data center lease in Nueces County, Texas, the Financial Times reported, a deal that could grow to $50.2 billion if renewal options are exercised.

Nvidia is discussing a financing guarantee of up to $250 billion to help OpenAI lease a 10-gigawatt Ohio data center campus valued at $500 billion, according to people familiar with the talks.

California brokerage FirstTeam Real Estate is deploying Purlin’s AI operating platform to unify contracts, negotiations, and client communications for its agents.

Galaxy Digital sold $3.507 billion in senior secured notes to fund new construction at its Helios data center campus in Dickens County, Texas, where CoreWeave has committed to lease the entire 800-megawatt site.

The NNSA has selected Amentum and DC BLOX to negotiate a phased lease for a 1-gigawatt AI data center backed by 2 gigawatts of on-site power at the Savannah River Site in Aiken County, South Carolina. No lease is final and construction has not started.

Nvidia and South Korea’s SK Group signed letters of intent for a partnership worth more than $500 billion, including a 2-gigawatt AI data center SK Telecom will build using Nvidia’s Vera Rubin platform.