MarketCatalystGlobalstar received FCC authorization to operate its third-generation C-3 network across the U.S.: 48 low Earth orbit satellites, six in-orbit spares and about 90 ground antennas. The approval is a regulatory milestone, not a service launch.
Anthropic announced plans to dedicate 5% of its shares to a new Public Benefit Fund, with potential increases tied to the company's valuation, expanding its commitments to AI safety and public welfare.
China's largest DRAM maker, CXMT, fell 6.5% Monday despite forecasting a sharp profit turnaround driven by surging AI demand and higher memory-chip prices.
Microsoft has canceled its 50MW lease at Nscale's Loughton site, which was to host 23,000 Nvidia GB300 chips, according to the Financial Times. Nscale, which is targeting a $35 billion New York IPO, says its other Microsoft contracts are unaffected, but only about 25,000 of its planned chips were online in August.
TeraWulf (WULF) closed Friday at $11.68, down 7.5%, as debt-funded AI infrastructure stocks sold off. CEO Paul Prager is pushing back on neocloud comparisons, citing long-term leases and investment-grade credit support, while Morgan Stanley reiterated Overweight with a $65 target.
Analyst John Vinh's Asia supply-chain checks suggest customers are securing memory capacity beyond 2030, with KeyBanc forecasting HBM prices up 80%–100% in Q1 2027. The call lands as Micron has fallen four straight days on China competition fears.