AI News, 5 November 2026

Thursday 5 November

Renewable Innovations joins US DOE lab project on fuel cell power for AI data centers

AI-generated summary Renewable Innovations announced it has joined a US DOE-backed research project to develop fuel cell power systems for AI data centers. The initiative will test how tightly coupled fuel cell and compute-rack architectures cope with the dynamic power profiles of AI workloads and includes a field demonstration at the Sky Data Centers site in Santa Rosa, California.

Research firm declares ‘end of the AI trade as we know it’ — and Asian tech stocks reflect the shift

AI-generated summary Citrini Research releases its latest report on Wednesday, predicting peak capital expenditure growth in the artificial intelligence sector. Asian stock markets reflected this shift as investors rotated into consumer and internet plays listed in Hong Kong and China.

Also covered by bloomberg.com Al Jazeera Nikkei Asia
+5 moreapnews.com Investing.com Fortune Investor's Business Daily investingLive

How the midterms could fuel the K-shaped AI trade

AI-generated summary CoreWeave, Nebius, and Iren shares became available after falling at least 30% in October as tightening credit markets raised funding questions. JPMorgan Asset Management says financially stronger hyperscalers could secure cheaper capacity or acquire assets if weaker operators scale back.

Also covered by PYMNTS.com Fast Company forbes.com
+8 moreBloomberg news.bloomberglaw.com bbc.co.uk TechCrunch Dunham the Guardian Kotaku SiliconANGLE

Elon Musk Is Afraid Of Power Being "Concentrated" In My Hands, Says Sam Altman, Even As Both Have Similar Fears About AI

AI-generated summary OpenAI makes products available while Sam Altman and Elon Musk develop competing technologies amidst ongoing concerns regarding concentrated power. Sam Altman states that Elon Musk and former coworkers build rival systems because they believe high stakes require multiple competing approaches.

Also covered by techradar.com

Big Tech’s big AI buildout will not end until someone stops it

Graphic image of a data center.

AI-generated summary Amazon, Microsoft, Alphabet, and Meta announced plans to spend at least $720 billion on capital expenditures this year alone, with most funds directed toward artificial intelligence infrastructure. The spending plans triggered a sharp selloff in tech stocks as investors question when they might expect to see a return on investment from artificial intelligence.

Also covered by Bloomberg ft.com Tech Policy Press