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Today’s Storystream

Bluesky’s user base surged by 50% this week, adding 3 million new users after Brazil banned X (formerly Twitter). Now boasting over 9 million users, the platform credits much of its growth to Brazilian users, who make up 85% of recent signups. Bluesky is also teasing the rollout of video support soon, as it continues to expand globally.

Xockets has filed a lawsuit accusing Nvidia and Microsoft of stealing its Data Processing Unit (DPU) technology and forming an illegal cartel to avoid paying fair prices. The suit alleges Nvidia’s DPUs and Microsoft’s AI platforms infringe on Xockets’ patents. Xockets seeks damages and an injunction to stop Nvidia from selling specific products and Microsoft from using them.

Transitioning from crypto to AI, Applied Digital has raised $160 million in funding from investors, including Nvidia and Related Companies. The capital will accelerate the company’s growth, allowing it to expand its data center and GPU cloud offerings. CEO Wes Cummins emphasized the strong partnerships with Nvidia and other investors as Applied continues its AI-focused pivot.

Broadcom reported a 47% revenue surge in Q3, fueled by its VMware acquisition, generating $3.8 billion from the software giant. However, the company posted a nearly $2 billion loss due to a tax liability. Despite challenges, CEO Hock Tan remains optimistic, projecting $12 billion in AI-related silicon revenue for the year, while forecasting recovery in non-AI markets for Q4 and beyond.

Morgan Stanley forecasts that global data centers will emit 2.5 billion tons of CO2 by 2030, fueled by the growing demand for generative AI. This surge in emissions is three times higher than a scenario without AI. As a result, companies are turning to decarbonization technologies like carbon capture and reforestation to meet their 2030 carbon neutrality goals.

Data centers across New York State can now snag grants of up to $2 million to transform their waste heat into valuable energy, thanks to NYSERDA’s latest initiative. By recycling excess heat to power nearby buildings, data centers not only slash utility costs but also drive decarbonization efforts. This is a prime opportunity to forge community partnerships and turn otherwise wasted heat into a win-win resource.