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