WEBVTT

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<v Cassidy>Today's <00:00:00.293>headline: <00:00:01.380>New <00:00:01.504>York <00:00:01.808>hits <00:00:02.093>pause <00:00:02.600>while <00:00:02.907>AI <00:00:03.168>infrastructure <00:00:03.893>deals <00:00:04.224>keep <00:00:04.550>rolling <00:00:06.446>Welcome <00:00:06.616>to <00:00:06.856>AI <00:00:07.176>Daily <00:00:07.483>Briefing.

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<v Cassidy>From <00:00:09.180>Network <00:00:09.610>World:

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<v Quote>New <00:00:10.797>York <00:00:11.025>Governor <00:00:11.389>Kathy <00:00:11.837>Hochul <00:00:12.157>this <00:00:12.413>week <00:00:12.726>signed <00:00:13.096>an <00:00:13.205>Executive <00:00:13.762>Order <00:00:14.085>described <00:00:14.616>as <00:00:14.709>the <00:00:14.869>“nation’s <00:00:15.376>first <00:00:15.769>moratorium” <00:00:16.749>on <00:00:16.909>new <00:00:17.206>hyperscale <00:00:17.837>data

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<v Quote>centers <00:00:18.969>massive <00:00:19.453>factories <00:00:20.045>that <00:00:20.157>typically <00:00:20.642>comprise <00:00:21.117>thousands <00:00:21.602>of <00:00:21.769>servers <00:00:22.258>devouring <00:00:22.845>tens <00:00:23.309>or <00:00:23.522>hundreds <00:00:23.976>of <00:00:24.089>megawatts <00:00:24.562>of <00:00:24.736>power.

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<v Quote>During <00:00:26.141>this <00:00:26.322>up <00:00:26.509>to <00:00:26.709>one <00:00:26.877>year <00:00:27.162>pause

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<v Quote>the <00:00:28.002>state <00:00:28.301>will <00:00:28.509>halt <00:00:28.882>issuance <00:00:29.336>of <00:00:29.435>environmental <00:00:30.079>permits <00:00:30.469>for <00:00:30.653>data <00:00:30.979>centers <00:00:31.522>as <00:00:31.656>it <00:00:31.753>develops <00:00:32.189>a <00:00:32.327>regulatory <00:00:32.973>framework <00:00:33.576>to <00:00:33.679>protect <00:00:34.109>ratepayers

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<v Quote>the <00:00:35.195>energy <00:00:35.549>grid <00:00:36.129>the <00:00:36.242>environment

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<v Quote>and <00:00:37.202>local <00:00:37.529>communities.

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<v Cassidy>From <00:00:39.292>SiliconANGLE:

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<v Quote>Artificial <00:00:41.221>intelligence <00:00:41.855>infrastructure <00:00:42.512>startup <00:00:42.982>General <00:00:43.402>Compute <00:00:43.972>Inc.

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<v Quote>today <00:00:44.892>announced <00:00:45.268>that <00:00:45.385>it <00:00:45.532>has <00:00:45.712>secured <00:00:46.172>$400 <00:00:46.872>million <00:00:47.599>in <00:00:47.700>debt <00:00:47.956>financing.

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<v Quote>Upper90, <00:00:50.392>the <00:00:50.488>investment <00:00:50.916>firm <00:00:51.188>that <00:00:51.305>is <00:00:51.452>underwriting <00:00:51.912>the <00:00:52.039>round, <00:00:52.548>will <00:00:52.980>initially <00:00:53.452>provide <00:00:53.772>the <00:00:53.932>company <00:00:54.244>with <00:00:54.452>$100 <00:00:55.202>million.

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<v Quote>General <00:00:57.162>Compute <00:00:57.705>plans <00:00:57.999>to <00:00:58.116>draw <00:00:58.420>down <00:00:58.656>additional <00:00:59.145>funds <00:00:59.465>as <00:00:59.625>customer <00:01:00.109>demand <00:01:00.516>increases.

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<v Quote>Unlike <00:01:02.356>most <00:01:02.719>AI <00:01:02.975>infrastructure <00:01:03.636>providers, <00:01:04.572>General <00:01:04.902>Compute <00:01:05.305>is <00:01:05.472>not <00:01:05.719>using <00:01:06.109>Nvidia <00:01:06.516>Corp. <00:01:07.039>graphics <00:01:07.319>cards.

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<v Cassidy>ETDatacenters <00:01:09.754>writes:

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<v Quote>Amazon <00:01:11.002>Web <00:01:11.253>Services <00:01:11.982>(AWS) <00:01:13.542>has <00:01:13.718>initiated <00:01:14.277>construction <00:01:14.982>for <00:01:15.142>a <00:01:15.262>new <00:01:15.566>data <00:01:15.868>center <00:01:16.195>in <00:01:16.366>Hyderabad, <00:01:17.318>expanding <00:01:17.862>its <00:01:18.046>Asia <00:01:18.362>Pacific <00:01:18.846>Hyderabad <00:01:19.479>Region.

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<v Quote>The <00:01:20.502>company <00:01:20.849>plans <00:01:21.209>to <00:01:21.319>invest <00:01:21.726>over <00:01:22.009>US$21 <00:01:22.812>billion <00:01:24.174>into <00:01:24.369>cloud <00:01:24.745>infrastructure <00:01:25.395>in <00:01:25.569>India <00:01:25.950>from <00:01:26.302>2026 <00:01:27.235>to <00:01:27.422>2030.

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<v Quote>This <00:01:29.075>significant <00:01:29.712>capital <00:01:30.126>injection <00:01:30.750>will <00:01:30.982>boost <00:01:31.262>India's <00:01:31.790>data <00:01:32.028>center <00:01:32.373>capacity

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<v Quote>reinforcing <00:01:34.134>Hyderabad <00:01:34.822>and <00:01:35.033>Mumbai <00:01:35.635>as <00:01:35.795>critical <00:01:36.286>hubs <00:01:36.582>for <00:01:36.795>cloud <00:01:37.322>and <00:01:37.553>artificial <00:01:38.130>intelligence <00:01:39.102>(AI) <00:01:40.025>infrastructure <00:01:40.675>development.

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<v Cassidy>James <00:01:42.420>Manning, <00:01:43.050>writing <00:01:43.480>in <00:01:43.800>Datacenter <00:01:44.760>Dynamics:

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<v Quote>Valued <00:01:48.089>at <00:01:48.276>$1.32 <00:01:49.526>billion <00:01:50.516>and <00:01:50.816>set <00:01:51.023>to <00:01:51.136>run <00:01:51.356>for <00:01:51.540>five <00:01:51.863>years

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<v Quote>the <00:01:52.818>contract <00:01:53.332>will <00:01:53.456>see <00:01:53.705>Sharon <00:01:54.249>AI <00:01:54.585>deploy <00:01:55.049>cloud <00:01:55.364>computing <00:01:55.876>capacity <00:01:56.562>across <00:01:56.900>data <00:01:57.202>center <00:01:57.524>infrastructure <00:01:58.249>in <00:01:58.396>New <00:01:58.566>Zealand.

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<v Quote>Revenue <00:01:59.924>from <00:02:00.136>the <00:02:00.258>contract <00:02:00.836>is <00:02:01.049>expected <00:02:01.529>to <00:02:01.689>start <00:02:01.983>in <00:02:02.076>the <00:02:02.263>first <00:02:02.616>and <00:02:02.733>second <00:02:03.129>quarters <00:02:03.583>of <00:02:03.716>2027.

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<v Cassidy>This <00:02:05.501>one's <00:02:05.733>from <00:02:05.918>Wilson <00:02:06.325>Sonsini:

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<v Quote>On <00:02:09.128>July <00:02:09.544>6 <00:02:10.184>2026 <00:02:11.108>Illinois <00:02:11.508>Governor <00:02:11.997>JB <00:02:12.304>Pritzker <00:02:12.858>signed <00:02:13.112>into <00:02:13.364>law <00:02:13.590>Senate <00:02:13.896>Bill <00:02:14.184>315

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<v Quote>the <00:02:15.522>Artificial <00:02:16.153>Intelligence <00:02:16.790>Safety <00:02:17.108>Measures <00:02:17.524>Act <00:02:17.904>(AISMA)

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<v Quote>which <00:02:19.096>will <00:02:19.284>require <00:02:19.757>large <00:02:20.157>AI <00:02:20.475>developers <00:02:21.037>to <00:02:21.197>publicly <00:02:21.695>disclose <00:02:22.304>how <00:02:22.456>they <00:02:22.632>plan <00:02:22.877>to <00:02:23.037>mitigate <00:02:23.511>potentially <00:02:24.064>“catastrophic <00:02:24.904>risks” <00:02:25.597>posed <00:02:25.917>by <00:02:26.068>advanced

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<v Quote>frontier <00:02:27.037>AI <00:02:27.373>models. <00:02:28.157>In <00:02:28.624>a <00:02:28.717>first <00:02:29.024>for <00:02:29.184>a <00:02:29.304>U.S.

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<v Quote>state <00:02:29.971>AI <00:02:30.264>law, <00:02:30.964>AISMA <00:02:31.448>also <00:02:31.766>requires <00:02:32.304>covered <00:02:32.637>entities <00:02:33.091>to <00:02:33.213>retain <00:02:33.671>independent <00:02:34.264>auditors <00:02:34.797>to <00:02:34.950>assess <00:02:35.237>their <00:02:35.369>compliance.

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<v Cassidy>If <00:02:37.059>AI <00:02:37.325>Daily <00:02:37.645>Briefing <00:02:38.125>helps <00:02:38.412>you <00:02:38.520>keep <00:02:38.765>up <00:02:38.904>with <00:02:39.052>the <00:02:39.160>week’s <00:02:39.472>biggest <00:02:39.821>shifts

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<v Cassidy>take <00:02:40.912>a <00:02:40.998>second <00:02:41.299>to <00:02:41.416>subscribe <00:02:42.045>or <00:02:42.192>leave <00:02:42.432>a <00:02:42.529>review <00:02:42.916>wherever <00:02:43.292>you’re <00:02:43.488>listening.

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<v Cassidy>It <00:02:44.666>really <00:02:44.904>does <00:02:45.080>help <00:02:45.312>other <00:02:45.546>people <00:02:45.800>find <00:02:46.032>the <00:02:46.232>show.

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<v Cassidy>A <00:02:47.579>couple <00:02:47.812>of <00:02:47.918>dates <00:02:48.212>we’re <00:02:48.487>watching <00:02:48.761>next: <00:02:49.271>Sharon <00:02:50.158>AI <00:02:50.485>expects <00:02:50.955>revenue <00:02:51.337>from <00:02:51.525>its <00:02:51.745>New <00:02:51.905>Zealand <00:02:52.274>contract <00:02:53.145>to <00:02:53.518>begin <00:02:53.838>in <00:02:53.965>the <00:02:54.078>first <00:02:54.385>and <00:02:54.551>second <00:02:54.869>quarters <00:02:55.278>of

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<v Cassidy>2027. <00:02:56.772>In <00:02:57.367>Illinois <00:02:58.105>most <00:02:58.365>AISMA <00:02:58.796>provisions <00:02:59.353>take <00:02:59.591>effect <00:02:59.925>January <00:03:00.505>1

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<v Cassidy>2027 <00:03:02.297>with <00:03:02.785>the <00:03:03.038>AI <00:03:03.369>framework <00:03:03.965>and <00:03:04.072>independent <00:03:04.638>audit <00:03:04.956>provisions <00:03:05.513>following <00:03:05.998>on <00:03:06.165>January <00:03:06.665>1

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<v Cassidy>2028. <00:03:08.545>You’ll <00:03:09.257>find <00:03:09.438>links <00:03:09.758>to <00:03:09.905>every <00:03:10.172>story <00:03:10.532>we <00:03:10.625>covered <00:03:10.932>in <00:03:11.005>the <00:03:11.113>show <00:03:11.372>notes, <00:03:11.945>if <00:03:12.285>you <00:03:12.377>want <00:03:12.532>to <00:03:12.625>dig <00:03:12.798>in <00:03:12.945>a <00:03:13.008>little <00:03:13.225>more.

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<v Cassidy>That’s <00:03:14.638>AI <00:03:14.958>Daily <00:03:15.265>Briefing <00:03:15.665>for <00:03:15.878>today.

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<v Cassidy>This <00:03:17.118>is <00:03:17.265>a <00:03:17.365>Lantern <00:03:17.885>Podcast.