Today we're covering the massive shift in AI spending from models to infrastructure as data center investments explode. Applied Digital aims to consume Portugal-level electricity while DayOne scores half a billion for facilities. Plus a crypto whale makes a bold DeFi protocol swap worth $150 million.

October 11, 2026 — 327 words / ~2.2 min

Stories covered:

  1. Applied Digital Plans to Power More AI Than Portugal Uses Electricity
  2. DayOne Raises $500M to Build AI Data Centers While Others Burn Cash on Models
  3. Whale Dumps Aave for Spark in $150M Flash Move