The GPU Daily · #113 · covering Tuesday 3 November
The physical layer of AI, every day. Here's what moved on Tuesday 3 November 2026.
A grid operator has refiled its plan to buy emergency power for data centres.
The regulator threw out most of the original proposal. The utilities then cut their near-term growth forecasts. The target could fall from sixty-eight hundred megawatts to six hundred and thirty. The plan was built to close a gap that its own inputs are now shrinking.
The gap has not closed.
An independent forecast has moved it to a different year.
In this issue
Top story · ENERGY & POWER
US · ◆ Neutral · 3 Nov 13:00 UTC · Trade press
PJM filed a revised reliability backstop proposal with FERC targeting a March 1 start, seven months later than planned, and the procurement could shrink from 6,800 MW to as little as 630 MW. PJM utilities including PPL Electric, FirstEnergy and AES Ohio cut near-term large-load forecasts by 6.5 GW, per a 28 October Jefferies note. Charles River Associates still projects a roughly 11.5 GW shortfall by 2030.
MARKET MOVES · 8
US · ▲ Bullish · 3 Nov 00:00 UTC · Company/PR
Earlier: AMD to report fiscal Q3 2026 financial results (6 October)
Amd
India · ◆ Neutral · 3 Nov 06:30 UTC · Newsroom · 2 sources
China · ◆ Neutral · 3 Nov 14:18 UTC · Trade press
The contract is 3.6 times group cash and 258 times subsidiary revenue, with payment from own funds, bank credit and financial leasing.
China · ▲ Bullish · 3 Nov 05:14 UTC · Trade press
The round follows a near RMB 1 billion raise about five months earlier, and proceeds will fund upgrades to its sparse-compute inference chips.
UK, Australia · ◆ Neutral · 3 Nov 01:58 UTC · Trade press
The credit facility rose from US$150 million to US$300 million to fund Revera's BESS pipeline.
China · ◆ Neutral · 3 Nov 10:58 UTC · Trade press
UK, US · ▲ Bullish · 30 Oct 00:00 UTC · Company/PR
Adjusted profit before tax rose 5.4% to £278.0m, and North America operating profit grew 24.0% in constant currency.
US · ◆ Neutral · 3 Nov 21:05 UTC · Trade press
NEOCLOUD · 2
China · ▲ Bullish · 3 Nov 02:05 UTC · Trade press
The MTT S5000 cluster serves 55 customers, and DeepSeek V4 Flash inference tests reached 92% of an H800 setup.
Global · ◆ Neutral · 3 Nov 00:00 UTC · Company/PR
Warm-cache MDS streaming reached 15,809 images per second versus 2,638 for the PyTorch DataLoader, a 6x gain on two 8-GPU B300 nodes.
SOFTWARE & AI · 24
US · ▲ Bullish · 3 Nov 19:34 UTC · Trade press
The Series F was led by Bessemer with Nvidia participating, per Bloomberg, and follows an $800m annualised revenue run rate earlier this year.
US · ◆ Neutral · 3 Nov 20:45 UTC · Newsroom
Earlier: Musk throttles Grok Bot limits, citing $431m profit and high serving costs (2 November)
Fortune
China · ◆ Neutral · 3 Nov 02:09 UTC · Trade press
China · ◆ Neutral · 3 Nov 00:00 UTC · Company/PR
The Kimi K3.1 Pro and Highspeed variants went live on October 23, but no weights or licence had been published as of November 3.
Earlier: Moonshot apologises for Kimi K3.1 Pro rate limits, refunds 25% quota (26 October)
Flex
US · ▲ Bullish · 3 Nov 05:30 UTC · Newsroom
Earlier: Anthropic's growth slowed and costs jumped in Q3, updated IPO filing shows (2 November)
Business-standard
Global · ◆ Neutral · 3 Nov 07:00 UTC · Company/PR
ITMAX in Malaysia is scaling vision agents on RTX PRO 6000 GPUs to cover 17,000+ cameras by 2027, and Honeywell deployed Nemotron agents at Dangote's Lekki refinery.
US · ◆ Neutral · 3 Nov 00:35 UTC · Trade press
The Y Combinator CEO made the disclosure on Walter Isaacson's podcast The Builders and said token costs must fall before personal agents go mainstream.
US · ◆ Neutral · 2 Nov 15:30 UTC · Company/PR
Pando cut median push latency by nearly 5x in production and now serves nearly a petabyte of Git data per day, after OpenAI's monorepo reliability had fallen below 90%.
Global · ◆ Neutral · 3 Nov 08:00 UTC · Company/PR
The benchmark has 85 long-horizon engineering tasks built with Mercor, and the best model reaches a mean of 48.3% on its native harness.
US · ▲ Bullish · 3 Nov 12:00 UTC · Company/PR
OpenAI says its hardware teams used GPT-6 and Astra for requirements and device design, with a newer internal model scoring 0.875 on BenchCAD 2.0.
US · ◆ Neutral · 3 Nov 20:00 UTC · Newsroom
US · ◆ Neutral · 2 Nov 18:00 UTC · Company/PR
OpenAI is planning an internal security sprint with security firm Cathedral to test its own systems using its models, has more than quadrupled critical-finding bug bounty rewards, and has committed $1 billion in subsidised access for frontline defenders over six months.
China · ◆ Neutral · 3 Nov 05:15 UTC · Trade press
US · ◆ Neutral · 3 Nov 22:41 UTC · Trade press
China · ◆ Neutral · 3 Nov 02:08 UTC · Trade press
China · ◆ Neutral · 3 Nov 02:07 UTC · Trade press
US · ◆ Neutral · 1 Nov 00:00 UTC · Company/PR
The tool is built on RDKit, and Google is offering 10,000 scientists the top usage tier free for six months.
Global · ◆ Neutral · 2 Nov 17:00 UTC · Company/PR
GPT Image 2.5 Flare at $0.013 per image tied for top quality, while Gemini 3 Pro Image at $0.134 finished ninth across eighty test images.
Global · ◆ Neutral · 3 Nov 08:00 UTC · Company/PR
Cisco cites OpenAI's zero data retention and customer data isolation policies as the basis for deploying frontier models in mission-critical systems.
Global · ◆ Neutral · 3 Nov 00:00 UTC · Company/PR
A UMT5 regression that let the decoder attend to future tokens stayed in main from July 30 to September 28, 2026.
Global · ◆ Neutral · 3 Nov 07:00 UTC · Company/PR
US · ◆ Neutral · 3 Nov 00:00 UTC · Company/PR
Hazelbaker joins from Uber, where she spent a decade as President and Chief Corporate Affairs Officer.
Global · ◆ Neutral · 3 Nov 17:15 UTC · Company/PR
The StateBench benchmark finds frontier models including Gemini 3.8 Flash, Claude Opus 5.5 and GPT-6 Sol and Luna fall to 13% accuracy or lower on the longest state-tracking problems.
Germany · ◆ Neutral · 3 Nov 00:00 UTC · Company/PR
HARDWARE · 13
US · ◆ Neutral · 2 Nov 00:00 UTC · Company/PR
Lumentum holders get 4.5 Marvell shares each, implying about $1,132 a share, a 23.9% premium to the 28 October close, with completion expected in the first half of 2028.
China · ▲ Bullish · 3 Nov 02:06 UTC · Trade press
Huawei says the 1,024-NPU system reaches 45% training utilisation and that SuperPoD deployments now exceed 1,000 sets.
Earlier: Ascend 950DT SuperPoD goes live in Wuhan, built in one month (29 October)
Pandaily
US · ▲ Bullish · 3 Nov 06:45 UTC · Trade press
Taiwan · ▲ Bullish · 30 Oct 00:00 UTC · Company/PR
Earlier: Nvidia's DSX POD ships pre-built Vera Rubin AI factories in containers (21 October)
Foxconn
US · ◆ Neutral · 3 Nov 00:00 UTC · Company/PR
The company described two milestones in the expansion but the announcement text does not specify them.
Taiwan · ◆ Neutral · 30 Oct 00:00 UTC · Company/PR
China, Hong Kong · ◆ Neutral · 3 Nov 09:06 UTC · Trade press
Amicro reported 2025 revenue of about RMB407 million and a net loss of RMB155 million, and plans to direct about 70% of IPO proceeds to robot-specific AI chips.
Global · ◆ Neutral · 3 Nov 14:00 UTC · Company/PR
US · ◆ Neutral · 3 Nov 12:31 UTC · Trade press
Indonesia · ◆ Neutral · 3 Nov 10:06 UTC · Trade press
It is Yingfa Ruineng's first overseas base, producing n-type TOPCon cells for Indonesia and serving as a regional hub for Southeast Asia and the Middle East.
India · ◆ Neutral · 3 Nov 06:51 UTC · Trade press
Rayzon already runs 11.3 GW of module capacity, with first cell deliveries expected in Q1 2027 and ingot-wafer manufacturing targeted for 2028.
Global · ◆ Neutral · 3 Nov 16:00 UTC · Company/PR
NVIDIA says cuDSS accelerates COMSOL semiconductor simulations up to 10x, and Applied Materials' Ginestra runs up to 10x faster, with partners including Lam Research, Advantest and Siemens.
Earlier: NVIDIA cuDSS became generally available with 4x to 10x simulation speedups (21 October)
Nvidianews Nvidia
Taiwan, UK · ◆ Neutral · 30 Oct 00:00 UTC · Company/PR
HYPERSCALER · 5
US · ◆ Neutral · 3 Nov 01:49 UTC · Trade press
CFO Kevan Parekh said AI offers a compelling reason to upgrade and pointed to opportunities across third-party apps and partnerships.
India · ▲ Bullish · 3 Nov 20:00 UTC · Newsroom
Global · ◆ Neutral · 3 Nov 00:00 UTC · Company/PR
The instances run on custom Intel Xeon 6 processors available only on AWS, with new regions in New Zealand, Calgary, Milan, Stockholm, Zurich and Tel Aviv.
Global · ◆ Neutral · 3 Nov 17:00 UTC · Company/PR
Meta says F3 Lightning gives about a 3.6x faster path to production for comparable extraction features versus the prior system, with no increase in infrastructure compute cost, and serves over 20,000 features per request.
Global · ◆ Neutral · 3 Nov 08:00 UTC · Company/PR
The update groups functions by the data fields they affect and generates a requirements coverage report for z/OS COBOL and PL/I modernisation.
DATA CENTRE · 8
US · ◆ Neutral · 3 Nov 19:51 UTC · Trade press
Hammerhead AI says a proof of concept let ORCA add 30% more GPU capacity within a fixed power allocation, with completed inference jobs up 18 to 20%, and the figures are company-stated.
US · ◆ Neutral · 29 Oct 12:00 UTC · Company/PR
Schneider Electric's Mike Donahue argues that a colocation facility's advertised rack density leaves open how cooling behaves during maintenance and under load.
Germany · ◆ Neutral · 30 Oct 00:00 UTC · Company/PR
The all-NVMe deployment across Ennepetal and Gelsenkirchen roughly halved data warehousing job run times, according to the customer, and achieved a 6-7:1 data reduction ratio, company-stated.
Why this matters: The case may be a reference for enterprise all-flash storage in mission-critical Oracle estates, though it is a single customer account.
US · ◆ Neutral · 3 Nov 11:40 UTC · Trade press
Roles span engineering, commissioning, sales and facility operations in Ashburn, Dallas, Phoenix, Atlanta, Chicago and Cedar Rapids.
Nordics · ◆ Neutral · 3 Nov 00:00 UTC · Company/PR
US · ◆ Neutral · 3 Nov 13:30 UTC · 2 sources
Global · ◆ Neutral · 30 Oct 16:47 UTC · Company/PR
Schneider Electric's blog post argues that AI workloads are pushing trust, transparency and standards from operational preferences into design requirements for colocation facilities, with no specific projects named.
Why this matters: Operators may need to build transparency and standards into facility designs from the start.
Germany · ◆ Neutral · 30 Oct 00:00 UTC · Company/PR
Computacenter ordered Dell PowerEdge R640 servers for Telefónica's virtualised IMS, staged them at its Kerpen integration centre, and delivered them unpacked and power-tested on schedule.
ENERGY & POWER · 44
US · ◆ Neutral · 2 Nov 23:39 UTC · Trade press
The NYISO Management Committee approved tariff revisions meant to satisfy FERC's Order to Show Cause on large load interconnections, after adding a 'State Exempt Large Load' category for rules New York state has yet to issue.
US · ▲ Bullish · 3 Nov 16:42 UTC · Trade press
Power generation sales rose 30% year on year in Q3, with data centre customers the main driver, while Caterpillar expands engine and turbine output.
US · ▲ Bullish · 3 Nov 15:15 UTC · Trade press
The uprate supports a nuclear power purchase agreement with Google, while Salem 1 faces an extended outage for a degraded thermal shield.
US · ▼ Bearish · 3 Nov 08:30 UTC · Trade press
US utilities plan more than 60 GW of new gas plants for data centres, with around 90 GW of behind-the-meter gas generators proposed, while BloombergNEF forecasts US storage passing 11,000 GWh by 2036.
US · ◆ Neutral · 3 Nov 22:19 UTC · Trade press
UK · ▼ Bearish · 3 Nov 06:45 UTC · Newsroom
US · ▲ Bullish · 3 Nov 14:37 UTC · Trade press
DOE's SPARK programme put $1.9 billion into 31 projects in September 2026, with $5.3 billion total investment including sponsor contributions, adding 23 GW of capacity.
US · ▼ Bearish · 3 Nov 16:05 UTC · Trade press
Dairyland Power and South Shore Energy told Wisconsin's regulator they are abandoning the 550-625 MW Nemadji Trail gas plant in Superior, which never began construction and saw its permits expire.
Ireland, US · ◆ Neutral · 3 Nov 10:02 UTC · Trade press
For two Texas data centres with 5.6 GW combined load, on-site generation could cut grid demand by up to 2.7 GW versus about 0.55 GW from load shifting.
Why this matters: On-site generation may become the main lever for data centre grid flexibility, rather than load shifting.
China · ▼ Bearish · 3 Nov 07:38 UTC · Trade press
Huawei Digital Power notified customers on 20 October, citing copper, PCB and memory costs, with LME copper above $14,700 per tonne in mid-October.
US · ◆ Neutral · 3 Nov 02:00 UTC · Trade press
US · ◆ Neutral · 2 Nov 23:03 UTC · Trade press
Two consumer groups filed a complaint with FERC under the Federal Power Act, challenging SPP's decision to exempt nearly $3.8 billion in transmission projects from competitive bidding.
US · ◆ Neutral · 3 Nov 14:01 UTC · Trade press
Saltfoss plans to submit its Regulatory Engagement Plan to the NRC in Q1 2027 and says it will be the first developer licenced under Part 53.
US · ▲ Bullish · 2 Nov 21:25 UTC · Trade press
Antares earned DOE approval of its nuclear safety design agreement for Mark-1 on 23 October, Last Energy its documented safety analysis on 7 October, and Radiant its documented safety analysis for Kaleidos on 29 October.
Earlier: Last Energy's PWR-20 micro-modular reactor cleared DOE safety analysis (8 October)
Ans
Canada · ◆ Neutral · 3 Nov 15:44 UTC · Trade press
Bruce Power took unit 5 offline on 1 November for its Major Component Replacement outage, the fourth unit in its programme to renew six of eight units.
US · ◆ Neutral · 3 Nov 14:21 UTC · Trade press
Urenco USA made its first cylinder of LEU+, which it says is the first commercial production of the material in the Western world.
Belgium · ◆ Neutral · 3 Nov 08:39 UTC · Trade press
Elia contracted 6.5 GW for 2027-28 at €30.944/MW/year, and the 2028-29 auction added 1.6 GW, including about 0.5 GW of new batteries.
US · ◆ Neutral · 2 Nov 23:43 UTC · Trade press
India · ▲ Bullish · 3 Nov 06:00 UTC · Trade press
The 315 MVA unit targets short-circuit testing by end of December 2026, and the order book stood at $336.8 million on 30 September.
US · ◆ Neutral · 3 Nov 01:22 UTC · Trade press
Ghana, Russia · ◆ Neutral · 3 Nov 19:54 UTC · Trade press
Ghana's foreign minister said Russia agreed to work on a 2,000 MW plant, with construction targeted to begin by 2027, announced at the Russia-Africa Summit in Moscow.
Earlier: Rosatom and Uganda formed a working group on Uganda's first nuclear plant (2 November)
Ans
US · ▲ Bullish · 2 Nov 00:00 UTC · Company/PR
Bloom Energy says its fuel cell microgrids in Fremont deliver megawatts within weeks, against years for grid connections, and that six Fremont manufacturers use its systems.
Turkey, South Korea · ◆ Neutral · 3 Nov 12:10 UTC · Trade press
TÜNAŞ and Korea's Export-Import Bank will develop financing structures for Turkish nuclear projects, and Sinop cooperation is progressing.
Earlier: Canada and Turkey sign civil nuclear partnership covering CANDU for Sinop (29 October)
World-nuclear-news
Global · ▼ Bearish · 3 Nov 03:29 UTC · Trade press
Both executives have left energy storage provider Fluence.
Australia · ▲ Bullish · 3 Nov 11:14 UTC · Trade press
That already exceeds the 2 GW added in all of 2025, and 13 projects totalling 1.6 GW / 6.5 GWh reached financial close.
Earlier: Australia has $32.5b of renewables and storage financed or under construction (26 October)
Pv-magazine
Canada · ◆ Neutral · 3 Nov 08:00 UTC · Trade press
Submissions for on-demand projects of at least 10 MW are due 30 January 2027, alongside a separate procurement of up to 600 MW of gas-fired plants.
US · ◆ Neutral · 3 Nov 19:09 UTC · Trade press
A September 2026 survey of 850 utility executives found 49% say operational data silos hinder real-time decisions, and only 20 US states require formal distribution system plans.
Africa · ◆ Neutral · 3 Nov 13:38 UTC · Trade press
The Africa Sovereign Climate Facility combines $280 million from the Green Climate Fund with up to $260 million in commercial financing over 10 years.
UK · ◆ Neutral · 3 Nov 10:35 UTC · Trade press
The Hams Hall project is the largest battery energy storage system in Europe, according to BW ESS.
Portugal, Germany · ◆ Neutral · 3 Nov 18:44 UTC · Trade press
Siemens Energy connected seven onshore wind farms totalling about 250 MW in Portugal to a cloud analytics environment and demonstrated 72 hours of unmanned operation at a Wolfsburg plant.
Australia · ◆ Neutral · 3 Nov 02:18 UTC · Trade press
Zane Zhou discusses TENER+, sodium-ion demand and the Collie BESS in an Energy Storage News interview.
US · ◆ Neutral · 3 Nov 02:01 UTC · Trade press
Australia · ◆ Neutral · 3 Nov 22:47 UTC · Trade press
Frontier Energy signed a syndicated loan agreement for up to A$280 million to fund stage one of its Waroona Renewable Energy Project, a 132 MW solar and 81.5 MW battery hybrid 120 km south of Perth.
Germany, Japan · ◆ Neutral · 3 Nov 13:53 UTC · Trade press
The MOU is a first step to evaluate technical, commercial and economic requirements for an industrial-scale high-temperature superconducting tape facility in Germany.
Belgium, Germany · ◆ Neutral · 3 Nov 12:01 UTC · Trade press
Australia · ◆ Neutral · 3 Nov 04:16 UTC · Trade press
Australia · ◆ Neutral · 3 Nov 01:55 UTC · Trade press
Australia · ◆ Neutral · 3 Nov 01:33 UTC · Trade press
The 350 MW solar and 150 MW four-hour battery project received approval valid until the end of 2066.
US · ◆ Neutral · 3 Nov 20:21 UTC · Trade press
US · ◆ Neutral · 3 Nov 01:31 UTC · Trade press
Germany · ◆ Neutral · 3 Nov 11:57 UTC · Trade press
Russia · ◆ Neutral · 3 Nov 09:25 UTC · Trade press
The hydrometallurgical plant at Krasnokamensk will process ores from the Argunskoye and Zherlovoe deposits, with no construction timescale given.
Romania · ◆ Neutral · 3 Nov 07:03 UTC · Trade press
The modelled 5 kW system with a 10 kWh battery cut the maximum rate of change of frequency by 66% and returned an IRR of 10.4% against 3.7% for grid-following.
Global · ◆ Neutral · 2 Nov 11:46 UTC · Company/PR
Schneider Electric's blog post argues that grid infrastructure, rather than renewable generation capacity, is the primary constraint as transport, buildings and industry electrify.
REGULATION & POLICY · 10
US · ◆ Neutral · 3 Nov 00:38 UTC · Trade press
The Bipartisan American Affordability and Jobs Act would require data centres to pay for expanded transmission, according to two analyses.
Earlier: Project certainty proved the hardest part of the Senate permitting bill (30 October)
Rtoinsider
US · ◆ Neutral · 3 Nov 17:00 UTC · Trade press
Senate Bill 5653 would let FERC order transmission lines anywhere in the US, overriding state siting, and start its backstop proceeding alongside state reviews rather than after a one-year state window.
Earlier: Project certainty proved the hardest part of the Senate permitting bill (30 October)
Utilitydive
US · ▼ Bearish · 3 Nov 13:35 UTC · Trade press
Under the One Big Beautiful Bill Act, wind and solar projects not placed in service by end-2027 lose the ITC and PTC, with projects started by 4 July 2026 keeping eligibility to end-2030.
US · ◆ Neutral · 3 Nov 15:23 UTC · Trade press
A Pew poll from 8 October found 74% of US adults concerned about gasoline and energy prices, and Texas paused data centre grid interconnections to weed out speculative requests.
US · ◆ Neutral · 2 Nov 23:57 UTC · Trade press
US · ◆ Neutral · 2 Nov 00:00 UTC · Company/PR
OpenAI appointed Dan Driscoll, former 26th Secretary of the US Army, to a newly created role advising on AI for national security, cyber resilience and work with US allies.
US · ◆ Neutral · 3 Nov 16:01 UTC · Trade press
The DOE launched the Battery Manufacturing Accelerator, BattMan, as US battery demand is projected to rise from 179 GWh in 2025 to 707 GWh in 2035, with data centres possibly a quarter of demand by 2030.
US · ▲ Bullish · 3 Nov 15:19 UTC · Trade press
Wyoming signed a memorandum of understanding with the Federal Permitting Council on 26 October, the tenth state to join FAST-41 coordination.
China · ◆ Neutral · 2 Nov 22:54 UTC · Trade press
The newsletter reports the release of the Fifth Plenum Resolution and Xi Jinping's explainer, alongside a new stock market rescue effort in China.
Earlier: Sinocism covers the Fifth Plenum, US outbound investment rules and AI export controls (27 October)
Sinocism
EU · ◆ Neutral · 30 Oct 00:00 UTC · Company/PR
The European Central Bank asked large financial institutions on 7 July 2026 for action plans on faster patch management by 31 October 2026, per the Computacenter post.
Why this matters: Banks may need to shorten patch cycles sharply to meet the ECB's October deadline.
