The GPU Daily · #090 · covering Sunday 11 October
The physical layer of AI, every day. Here's what moved on Sunday 11 October 2026.
In this issue
Top story · MARKET MOVES
US, Taiwan, APAC · ▲ Bullish · 6 Oct 07:00 UTC · Company/PR
GMI Cloud raised $668 million on September 30, comprising a $223 million Series B led by ARCHIV with NVIDIA participation and a $445 million credit facility led by CTBC. The raise funds capacity expansion across the US, Taiwan and APAC, building on a Taiwan AI Factory and a Japan sovereign AI initiative announced earlier in 2026. Contracted ARR has reached more than 9x its year-end 2025 level, with live ARR in production up more than 4.5x over the same period.
MARKET MOVES · 5
South Korea · ◆ Neutral · 11 Oct 07:15 UTC · Newsroom
Solidigm's initial public offering has raised questions about the value creation for SK Hynix shareholders in the memory chip business.
Australia · ▼ Bearish · 11 Oct 09:45 UTC · Newsroom
Firmus Grid's IPO underperformance has raised questions about market appetite for large infrastructure offerings.
Why this matters: Investor caution on large infrastructure IPOs could constrain equity financing for data centre and GPU operators.
South Korea · ▼ Bearish · 11 Oct 05:30 UTC · Newsroom
Equities tied to the AI trade are losing interest despite earlier momentum, with the sector failing to attract fresh buyers.
India, South Korea, Taiwan · ◆ Neutral · 11 Oct 10:30 UTC · Newsroom
Indian equities are underperforming Korean and Taiwanese markets, which are rallying on AI infrastructure demand.
US · ▲ Bullish · 11 Oct 08:30 UTC · Newsroom
NVIDIA's market capitalisation has grown to exceed Japan's annual GDP, though valuation multiples remain within historical ranges.
NEOCLOUD · 2
Global · ▲ Bullish · 11 Oct 19:45 UTC · Newsroom
Companies winning GPU procurement bids are expected to offer compute capacity to international customers, according to reporting from Business Standard.
Global · ▲ Bullish · 10 Oct 23:23 UTC · Company/PR
Global Volumes in beta for Serverless endpoints let workers start in any data centre using chosen GPU types, storing model weights once for reads across regions.
SOFTWARE & AI · 3
Global · ▼ Bearish · 6 Oct 19:00 UTC · Company/PR
DeepSeek V4.1 Flash, GLM 5.3 Flash and Step 3.7 Flash achieve near-parity with Claude Opus 5 on coding benchmarks at $1.20 to $3.75 per million output tokens versus $25 for Opus 5.
Global · ▲ Bullish · 8 Oct 21:27 UTC · Company/PR
The 552B-parameter multimodal model with 1M-token context is now available on Baseten's dedicated Fast capacity for sustained throughput on agentic coding workloads.
US · ◆ Neutral · 11 Oct 12:00 UTC · Newsroom
Microsoft CEO Satya Nadella raised concerns about risks posed by advanced AI models and called for an 'emergency brake' on deployment, citing OpenAI agent incidents.
Why this matters: Nadella's caution from a major hyperscaler may influence enterprise GPU procurement and inference workload patterns.
HARDWARE · 5
US · ▲ Bullish · 11 Oct 00:30 UTC · Trade press
TSMC is considering building six fabrication plants in Texas, company-stated.
South Korea, Vietnam · ▲ Bullish · 11 Oct 05:15 UTC · Newsroom
The geographic split separates memory and commodity production from advanced chip manufacturing, with implications for HBM supply chains feeding AI infrastructure.
China · ◆ Neutral · 11 Oct 01:51 UTC · Trade press
A Jiangsu startup founded by former NVIDIA GPU architect Xu Feixiang is building Y10, a physical AI processor targeting sub-millisecond closed-loop latency for robotics, with an FPGA platform due this year.
US · ◆ Neutral · 11 Oct 16:30 UTC · Newsroom
A Super Micro employee pleaded guilty to diverting AI technology, the Taipei Times reported.
Global · ◆ Neutral · 11 Oct 08:45 UTC · Trade press
Academic researchers have developed techniques to control the growth of 2D semiconductors for future chip manufacturing.
DATA CENTRE · 6
US · ▼ Bearish · 11 Oct 13:45 UTC · Newsroom
Community and political opposition to the project has become a focal point in the broader debate over AI infrastructure expansion in the US.
Australia · ▲ Bullish · 11 Oct 09:45 UTC · Newsroom
A Warburg Pincus-backed developer is to pay $300M for a Melbourne data centre, the Australian Financial Review reported.
Russia · ◆ Neutral · 11 Oct 13:45 UTC · Newsroom
Ukraine struck a Yandex data centre again, continuing attacks on Russian technology infrastructure despite diplomatic warnings.
India · ◆ Neutral · 11 Oct 10:45 UTC · Newsroom · 2 sources
The facility has prompted questions from local communities and environmental groups about water use, land acquisition and power demand in the region.
Ukraine · ▼ Bearish · 11 Oct 19:00 UTC · Newsroom
Russian forces struck a Ukrainian data centre facility as part of military operations.
Why this matters: Infrastructure vulnerability in active conflict zones may shift Eastern European compute capacity supply chains away from the region.
Africa · ▲ Bullish · 8 Oct 12:23 UTC · Company/PR
The partnership will deploy GPU-ready infrastructure across African markets, supporting local digital transformation and creating new capacity for AI inference and training workloads.
ENERGY & POWER · 5
US · ◆ Neutral · 11 Oct 19:06 UTC · Trade press
Stakeholders, particularly New York City, questioned how the draft presented possible products to looming reliability needs.
US · ◆ Neutral · 11 Oct 16:27 UTC · Trade press
Two members of NYU Law School's Institute of Policy Integrity say the mechanism will not solve data centre strain on the grid.
Australia · ▼ Bearish · 11 Oct 20:53 UTC · Trade press
A global energy report concludes that nuclear power would not be economically viable for Australia, requiring $200bn annual investment versus $2.2tn needed for renewables, grids and storage.
US · ▼ Bearish · 11 Oct 18:50 UTC · Trade press
NYISO staff found that system deliverability upgrades for the Elevate Arthur Kill II battery project could cost approximately $216 million.
US · ▼ Bearish · 11 Oct 17:23 UTC · Trade press
The US clean economy supply chain has grown extensively but unevenly, leaving it vulnerable to foreign disruptions.
REGULATION & POLICY · 3
US · ▼ Bearish · 11 Oct 16:52 UTC · Trade press
Industry debate examines whether removing non-disclosure agreements could help the AI sector address data centre opposition and moratoriums lasting one to two years.
Global · ◆ Neutral · 11 Oct 21:30 UTC · Trade press
Organisations are treating data sovereignty as a strategic priority as AI deployment expands, according to IT Brief New Zealand.
South Korea, China · ▼ Bearish · 11 Oct 06:00 UTC · Newsroom
South Korean financial institutions have been targeted with AI-powered cyberattacks linked to a Chinese DDoS group, according to a report.