Today's headline: New York hits pause while AI infrastructure deals keep rolling Welcome to AI Daily Briefing. From Network World:
New York Governor Kathy Hochul this week signed an Executive Order described as the “nation’s first moratorium” on new hyperscale data centers, massive factories that typically comprise thousands of servers devouring tens or hundreds of megawatts of power. During this up to one year pause, the state will halt issuance of environmental permits for data centers as it develops a regulatory framework to protect ratepayers, the energy grid, the environment, and local communities.
From SiliconANGLE:
Artificial intelligence infrastructure startup General Compute Inc. today announced that it has secured $400 million in debt financing. Upper90, the investment firm that is underwriting the round, will initially provide the company with $100 million. General Compute plans to draw down additional funds as customer demand increases. Unlike most AI infrastructure providers, General Compute is not using Nvidia Corp. graphics cards.
ETDatacenters writes:
Amazon Web Services (AWS) has initiated construction for a new data center in Hyderabad, expanding its Asia Pacific Hyderabad Region. The company plans to invest over US$21 billion into cloud infrastructure in India from 2026 to 2030. This significant capital injection will boost India's data center capacity, reinforcing Hyderabad and Mumbai as critical hubs for cloud and artificial intelligence (AI) infrastructure development.
James Manning, writing in Datacenter Dynamics:
Valued at $1.32 billion and set to run for five years, the contract will see Sharon AI deploy cloud computing capacity across data center infrastructure in New Zealand. Revenue from the contract is expected to start in the first and second quarters of 2027.
This one's from Wilson Sonsini:
On July 6, 2026, Illinois Governor JB Pritzker signed into law Senate Bill 315, the Artificial Intelligence Safety Measures Act (AISMA), which will require large AI developers to publicly disclose how they plan to mitigate potentially “catastrophic risks” posed by advanced frontier AI models. In a first for a U.S. state AI law, AISMA also requires covered entities to retain independent auditors to assess their compliance.
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A couple of dates we’re watching next: Sharon AI expects revenue from its New Zealand contract to begin in the first and second quarters of 2027. In Illinois, most AISMA provisions take effect January 1, 2027, with the AI framework and independent audit provisions following on January 1, 2028.
You’ll find links to every story we covered in the show notes, if you want to dig in a little more. That’s AI Daily Briefing for today. This is a Lantern Podcast.