Venture Global 10 GW Off-Grid Gas for AI Data Centers

Venture Global plans up to 10 GW of off-grid gas power for AI data centers, turning the US LNG exporter into a power developer for compute. This edition of The Daily Brief, dated October 16, 2026, covers ten stories from our AI business coverage, plus two recent items from our archive.

Venture Global Plans Off-Grid Gas Power for AI Data Centers

Investing.com reported that Venture Global signed agreements with GE Vernova and Baker Hughes for gas-fired plants that run separately from the public grid. Up to 16 power island units rated at 720 MW each would add roughly 11.5 GW of generation, serving sites the company owns or controls. First power is targeted for late 2028 or early 2029. Off-grid gas plants at this scale concentrate combustion emissions and turbine noise near the sites that host them, and the agreements do not quantify either effect. The timeline and the company's description of itself as an AI utility run ahead of the evidence published so far.

Cohere Moves Into Software Security With AISLE Deal

Cohere signed a letter of intent to acquire AISLE, a San Francisco startup that uses autonomous AI to find and fix software vulnerabilities, according to Cohere's announcement. AISLE reports more than 500 previously unknown CVEs, including flaws in OpenSSL and curl. The company was founded in 2025 by former Avast CEO Ondrej Vlcek and operates from San Francisco and Prague. If completed, the deal would place vulnerability work inside Cohere's sovereign AI platform, moving the Canadian lab from selling models to selling a security function that enterprises already buy separately.

NiSource and Microsoft Sign Power Deal for Indiana AI Campus

NiSource announced a 20-year electricity agreement with Microsoft for a data center campus in northwest Indiana. The deal adds about 1,100 MW of new generation, with service expected in 2028, and Microsoft will fund the generation and transmission its operations require. NiSource projects customer savings rising from about $1.4 billion to approximately $1.75 billion over the contract life. The announcement does not divide those savings between residential and business customers, so the effect on households remains unconfirmed.

Defense News reported that the US Army selected nine companies for initial one-year NGC2 application awards worth about $93.6 million. The awards fund software that runs on the common data baseline built by Anduril, Palantir, Raft and Striveworks. They are the first to pay for functions sitting on that shared layer. The sources do not name the other five awardees.

Nvidia Releases Nemotron 3.5 Super VL and Bolt Edge Models

Nvidia released Nemotron 3.5 Super VL, an open 120-billion-parameter model built for agents that read documents and run multi-step workflows. The model was trained on 26 trillion tokens and is available on Hugging Face and through Nvidia NIM. Nvidia claims up to 5x faster throughput than similar-class models. Two edge models accompany it. The Bolt 74B-A9B variant fits in 24GB of memory at 2-bit quantization, and the Bolt E4B model targets local hardware.

Tesla Remote Operators Tied to Five Robotaxi Crashes

Electrek reported that NHTSA crash filings link Tesla remote operators to five robotaxi collisions, and every remote takeover in those filings ended in a crash. Two August incidents were added in the latest Standing General Order release, one at 0.40 mph in Dallas and one at 1 mph in Austin. Waymo, a primary competitor, says it does not use remote steering and instead gives high-level guidance that the onboard system can follow or ignore.

Anduril Tender Offer Values Defense Startup at $90 Billion

CNBC reported that the Anduril tender offer opened October 13, 2026 at $94.80 a share, implying a valuation of about $90 billion. The sale is capped at roughly $1.3 billion and lets current and former employees sell existing stock. The price sits about 48% above the $61 billion valuation from the company's $5 billion May round, and the offer brings in no new capital.

Alpha Compute Leases 576 Nvidia B300 GPUs in Missouri

Alpha Compute announced a binding four-year contract to lease its ALPHA-03 cluster of 576 Nvidia B300 GPUs to a compute marketplace valued above $1 billion. The total contract value is $81,732,160, or about $1.70 million per month. The release does not disclose power supply, cooling design or noise levels for the Missouri site, which matters because those are the costs that AI data centers push onto their neighbors.

GlobalFoundries Selected to Run Two New York Fabs

GlobalFoundries said Japan will provide up to $21 billion for two 300mm fabs in Malta, New York, and that it will operate both plants. The U.S. Department of Commerce takes an equity stake of about 4%, raising its total holding in the company to roughly 7%. GlobalFoundries is also redirecting $955 million in existing CHIPS and Science Act awards toward silicon photonics, SiGe and advanced packaging.

Anthropic IPO Valuation Talks Fall to $1.5 Trillion

Reuters reported that investors now discuss an Anthropic IPO valuation of about $1.5 trillion, down from roughly $2 trillion. Anthropic gave prospective investors third-quarter revenue of $16.8 billion, up 45% from the prior quarter, and said it was profitable on an adjusted basis. The company carries $518 billion in compute commitments, most of them fixed before the offering.

Also on our site

Accenture now centrally funds $29 per employee per month for Claude, with overage charged to project budgets, as covered in our report on the Accenture Claude spending cap.

Boston Dynamics says its Atlas humanoid robot now takes a day to build and targets one hour by 2027, ahead of a Hyundai factory rollout in 2028, as detailed in our Atlas build-time story.

Sources

Nvidia Launches Nemotron 3.5 Super VL and Two Bolt Edge Models for Agents

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Researched and cross-referenced against primary sources by the Bytevyte editorial team. This article was generated with the assistance of artificial intelligence and reviewed by the Bytevyte editorial team.