AI & Data · Week of Nov 2, 2026
AI compute capacity builds out: the week in AI & Data releases
AI compute capacity in Singapore and Michigan drew announcements, alongside earnings, shareholder disputes and capital-allocation updates.
Compute infrastructure was the clearest thread this week. Equinix opened SG6, its sixth Singapore data center, which the company says is designed for AI and GPU workloads. Ryde Group signed a non-binding MOU with Dimension AI, another Singapore-headquartered company, to explore a GPU-as-a-Service platform. Hyperscale Data said it is targeting December 2026 to energize the first 10 megawatts at its Michigan AI data center. Kyndryl took the services side, pairing its agentic modernization offering with AWS Transform.
Several other releases dealt with corporate finance and governance rather than products. Clarivate reported third-quarter results after selling its Life Sciences & Healthcare segment. Robo.ai's CEO said the company does not intend to take on new equity-linked, variable-price financing for a period following his letter. Fermi's co-founder Toby Neugebauer called for the company to be put up for sale after its annual meeting. Eva Live launched an AI-powered crypto trading platform and said it does not plan to hold cryptocurrency as a treasury asset.
Clarivate Plc
Clarivate Reports Third Quarter 2026 Results, Delivering Clear Path to Value Creation
Clarivate reported third quarter 2026 revenues of $567.9 million including its Life Sciences & Healthcare segment and a net loss of $80.8 million, driven by a $62.2 million non-cash goodwill impairment, and said it completed the LS&H sale on October 6, 2026 for net cash proceeds of $488.4 million. The company says organic revenues for continuing operations rose 0.4% and total debt fell $293.8 million from the prior year to $4,176.1 million, and it updated its 2026 outlook for continuing operations to revenues of $1.965B to $1.985B.
Toby Neugebauer
Fermi's Co-Founder and Largest Shareholder, Toby Neugebauer: "Fermi's Shareholders, the Markets and Texas Voters Have Rejected Rick Perry and Fermi's 'We Can Do Whatever We Want' Board"
Toby Neugebauer, Fermi Inc.'s co-founder and largest shareholder, says Rick Perry failed to win re-election at the October 30 annual meeting, with 38.9% of outstanding shares voting for him, under an August 11 bylaw change adopted without a shareholder vote. Neugebauer says the stock has lost more than 80% of its value since July 3, and he called on Fermi to put itself up for sale while closing a tenant deal, adding that discovery in his lawsuit is underway.
Robo.ai Inc.
Robo.ai CEO Issues Letter to Shareholders
Robo.ai CEO Benjamin Zhai released a shareholder letter as the company's shares began split-adjusted trading on Nasdaq on November 6. The company says revenue exceeded US$280 million for June through September and reiterated a preliminary full-year 2026 outlook of approximately US$600 million; it also says it does not intend to enter into new equity-linked, variable-price financing arrangements for a period following the letter.
Equinix, Inc.
Equinix Opens SG6 in Singapore, Expanding AI-Ready Capacity in One of Asia-Pacific's Most Connected Markets
Equinix opened SG6, its sixth IBX data center in Singapore, with an initial investment of approximately $290 million and a first phase of 8 MW and about 1,550 cabinets, rising to up to 20 MW of IT capacity at full build-out. The company says the facility includes liquid cooling for GPU infrastructure, and it plans a Co-Innovation Facility at SG6 with the National University of Singapore in 2027.
Eva Live Inc
Eva Live Launches EvaXCrypto, an AI-Powered Cryptocurrency Trading Software Platform
Eva Live launched EvaXCrypto, an AI-powered cryptocurrency trading platform that executes trades automatically through users' own accounts at nine third-party exchanges, including Kraken, Coinbase Advanced and Robinhood Crypto. The company says the platform does not custody user funds and the launch does not change its treasury policy; it intends to explore recurring revenue through subscriptions and premium features.
Ryde Group
Ryde Signs Strategic MOU with Dimension AI to Explore US$278 Million Three-Year GPU-as-a-Service Collaboration
Ryde Group signed a non-binding MOU with Dimension AI to explore a GPU-as-a-Service collaboration with an indicative aggregate value of up to US$278 million, which the release describes as Dimension AI's preliminary estimate of the platform's total capital cost. Ryde says the figure is not contracted revenue or revenue attributable to Ryde, and that terms, financing and the three-year period remain subject to definitive agreements.
Hyperscale Data Inc.
Hyperscale Data Held Approximately $50.6 Million of Bitcoin, Cash and Restricted Cash as of November 1, 2026
Hyperscale Data said it held approximately $50.6 million in Bitcoin, cash and restricted cash as of November 1, 2026, including 211.4639 Bitcoin valued at about $16.5 million. The company says it is targeting December 2026 to energize the initial 10 megawatts of critical IT capacity at its Michigan AI data center, and expects to divest Ault Capital Group in 2027.
Kyndryl
Kyndryl Uses Agentic AI to Accelerate Enterprise Modernization with AWS
Kyndryl announced an integrated agentic modernization solution with AWS that combines Kyndryl Agentic Modernization services-as-software with AWS Transform, for which Kyndryl is a launch partner. Kyndryl says the offering is meant to help enterprises modernize applications, infrastructure and core systems with lower risk; the release gives no availability dates or pricing.
This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not PostHackers reporting.