At the China International Information and Communications Expo, Ministry of Industry and Information Technology vice minister Yu Xiaohui said China will use the 15th Five-Year Plan period to moderately front‑load and systematically advance next‑generation communications network construction. Planned measures include an application‑led rollout; evolving broadband toward dual 10‑Gbit/s capability; building low‑Earth‑orbit satellite internet systems; optimizing international submarine and terrestri

Australia's NVIDIA-backed AI startup Firmus Technologies is negotiating about $10 billion of financing with lenders to buy NVIDIA chips for an Indonesian data center. The proposed package is roughly $7.5 billion of debt and $2.5 billion of equity, with a possible five-year tenor. If completed, the deal would be among Asia's largest AI infrastructure financings. Talks coincide with Firmus's planned IPO in late October, which could raise up to $5 billion. Proceeds are earmarked for GPUs for a 360 MW NVIDIA DSX AI campus on Batam Island, being developed with DayOne Data Centers as part of an eight-year partnership with NVIDIA. Firmus declined to comment.

Qualcomm (QCOM.O) launched the sixth-generation Snapdragon 8 Elite Extreme and the sixth-generation Snapdragon 8 Elite mobile SoCs.