SoftBank Announces 10-Gigawatt Data Center at Former Ohio Uranium Site

• Deputy Secretary of Defense Steve Feinberg declared Palantir's Maven Smart System an official program of record in a March 9 letter, locking in long-term use of Palantir's weapons-targeting technology across the U.S. military. • Feinberg stated embedding Maven would provide warfighters "with the latest tools necessary to detect, deter, and dominate our adversaries in all domains," with implementation expected by the close of fiscal year 2026 in September. • Maven is a command-and-control software platform that analyzes battlefield data and identifies targets; it is already the primary AI operating system for U.S. military operations.

• The Trump administration on Friday unveiled a sweeping legislative blueprint for regulating artificial intelligence, pressing Congress to establish a clear federal framework as the administration has threatened broadband and internet funding restrictions on states with overly restrictive AI regulations. • OpenAI signaled support for state-level alignment around California and New York models in the absence of national framework, while Google's Kent Walker flagged pro-big tech governor-backed legislation as exemplary. • Despite the White House push for swift action, the legislation faces a challenging path in Congress, with two previous attempts by the administration to enshrine federal preemption having failed.

• The Trump Administration released a comprehensive national AI plan on March 21, 2026, designed to establish one clear federal standard and prevent state patchwork rules that could undermine U.S. competitiveness. • Key initiatives include workforce training, creator protections, safe AI tools under human oversight, and focused efforts on protecting children and supporting communities across the country. • White House Chief Technology Officer Michael Kratsios stated the framework will "unleash American ingenuity to win the global AI race," signaling administration commitment to maintaining global AI leadership.

• The Trump administration has granted Silicon Valley-based nuclear companies expedited pathways to test experimental reactor designs, with the DOE creating a new program and assigning concierge teams to help companies navigate bureaucracy. • About a dozen advanced reactor companies are currently planning to participate, with the administration targeting some reactors to achieve "critical" status—a key milestone toward functioning power plants—by July 2026. • The DOE quietly overhauled safety rules for new reactors and shared the revised regulations with companies before making them public, addressing long-standing complaints that companies lack opportunities to experiment.

• U.S. authorities disrupted botnets that compromised more than 3 million devices globally, representing one of the largest recent cybersecurity enforcement operations targeting mass device compromise. • The botnet infrastructure enabled attackers to conduct fraud, credential theft, distributed denial-of-service attacks, and launch deeper intrusions into victim systems. • The action underscores how botnet infrastructure remains a critical weapon in the cybercrime economy, providing scalable access to compromised machines for illicit operations.

• AI is expected to drive data center power consumption up 175% by 2030, creating unprecedented grid shortages that have pushed electricity prices higher across the country and compelled tech companies to seek alternative power sources. • Google's deal to power a new Minnesota data center blends wind and solar with a 30 gigawatt-hour battery from Form Energy, while the U.S. is expected to have nearly 65 gigawatts of battery storage capacity by year-end. • Dozens of startups including Amperesand, DG Matrix, Heron Power, Camus, GridBeyond, and Texture are developing power conversion and grid management technologies to address the critical energy shortage.

• The Trump administration released a legislative framework for artificial intelligence regulation, directing Congress to adopt minimal regulatory oversight of AI development and deployment. • The framework emphasizes preemption of state laws and limits on platform liability, positioning federal rules to override existing state AI regulations currently being developed across the country. • Policy experts argue the framework would shift control over AI safety obligations away from states and companies, affecting how startups build products and how Big Tech ships new features.

• The Trump administration designated AI company Anthropic as a 'supply chain risk' and ordered federal agencies to stop using its technology, prompting Anthropic to file a lawsuit against the government. • Major tech firms including Google, Microsoft, Meta, and OpenAI have backed Anthropic through amicus briefs and legal support, warning that blacklisting an American company harms U.S. innovation and competitiveness against China. • The conflict stems from late February tensions when Trump publicly criticized Anthropic, leading to contract cancellations and raising concerns about uncertainty throughout the broader technology industry.

• The Trump administration, through Energy Secretary Chris Wright's leadership, is accelerating AI data center expansion via a 'Ratepayer Protection Pledge' encouraging major tech firms including Amazon, Google, Meta, Microsoft, and xAI to fund their own power generation. • Utilities have signed agreements for 183 gigawatts of data center capacity, equivalent to 22% of 2025 U.S. electricity demand, with initiatives including streamlined permits and federal land use for construction. • The expansion presents challenges in deregulated markets like Texas and mid-Atlantic states, where utilities manage only transmission infrastructure rather than power supply responsibility, requiring state and regional coordination to ensure adequate power plant development.

• The Federal Communications Commission approved Nexstar's $6.2 billion deal to acquire rival broadcaster Tegna, creating the largest operator of local television stations in the United States. • FCC Chairman Brendan Carr waived a rule limiting single-company ownership of TV stations reaching more than 39% of U.S. households; the combined entity will cover at least 60%. • The mega-merger represents a significant consolidation in the broadcast media industry and demonstrates regulatory willingness to approve ownership concentration in the communications sector.

• U.S. stock markets closed lower Thursday as an energy shock continued weighing on investor sentiment, with the S&P 500 falling 0.27%, the Dow Jones Industrial Average dropping 0.44%, and the Nasdaq Composite declining 0.28%. • Commodity-linked stocks experienced severe selloffs: gold fell 4.94%, aluminum dropped over 5%, mining shares plummeted with Hycroft Mining sliding 12.4% and Century Aluminum falling 10.3%. • Asian markets showed mixed performance Friday, with South Korea's Kospi rising 0.6% and China's Shanghai Composite edging 0.2% higher, while Hong Kong's Hang Seng slipped 0.6%, Australia's S&P/ASX 200 fell 0.5%, and Taiwan's Taiex declined 0.2%, with Japan's markets closed for a holiday.