The US Department of Justice arrested Greg Lui, 38, CEO of Earthmade Computer, alleging that from October 2023 to August 2026 he used falsified documents to ship servers containing export-controlled Nvidia A100 and H100 GPUs through freight forwarders in Malaysia, Singapore and elsewhere, ultimately diverting them to a company in Hangzhou, China, in a scheme worth over $300 million.
Based on AI server shipments, TrendForce projects that global data center power demand capacity will reach 490.7GW by 2030, with the US at 272.4GW, while US grid deliverable capacity will be only 100.7GW, leaving a gap of more than 170GW, of which about 49GW stems from the grid being unable to deliver on schedule.
AMD announced on August 6 that it has reached a definitive agreement to acquire Taalas, a Toronto-based specialized AI inference chip company. Founded in 2023, Taalas develops technology that reduces the compute and memory bottlenecks of general-purpose architectures by optimizing inference data flow; AMD plans to integrate the technology into its accelerator roadmap and develop system-level solutions alongside AMD Instinct GPUs. The deal remains subject to regulatory approval.