Applied Digital is expanding in North Dakota with Polaris Forge 2, a $3 billion AI factory breaking ground in September 2025. The Harwood site will add 280 megawatts of capacity by 2027, cementing the state’s role in US AI infrastructure.
The project reflects demand and Applied Digital’s push to deliver high-performance compute power at scale. CEO Wes Cummins confirmed strong partner interest, including discussions with a US hyperscaler, and stated that the development will enhance growth and community value.
North Dakota has become a key destination for data centres, with abundant power, land, and a business-friendly climate. Polaris Forge 2 builds on the success of the Ellendale campus, with over 900 acres contracted and energy secured from Cass County Electric Cooperative.
The campus will employ more than 200 staff and contractors upon completion of operations. Governor Kelly Armstrong welcomed the investment, praising Applied Digital’s housing and workforce initiatives in Ellendale as a model for rural innovation and economic resilience.
Commerce Commissioner Chris Schilken said the Harwood site extends that success, reinforcing North Dakota as a hub for sustainable AI infrastructure. Applied Digital sees Polaris Forge 2 as advancing its mission to deliver innovation while driving local development and long-term growth.
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Japanese technology giant SoftBank has announced plans to buy a $2 billion stake in Intel, signalling a stronger push into the American semiconductor industry.
The investment comes as Washington debates greater government involvement in the sector, with reports suggesting President Donald Trump is weighing a US government stake in the chipmaker.
SoftBank will purchase Intel’s common stock at $23 per share. Its chairman, Masayoshi Son, said semiconductors remain the backbone of every industry and expressed confidence that advanced chip manufacturing will expand in the US, with Intel playing a central role.
The move follows SoftBank’s increasing investments in the US, including its role in the $500 billion ‘Stargate’ AI project announced earlier this year.
Once a dominant force in Silicon Valley, Intel has struggled against rivals such as Nvidia and AMD. Under new CEO Lip-Bu Tan, the company is cutting 15% of its workforce and reducing costs to stabilise operations.
After a private meeting, Trump recently criticised Tan’s leadership but later softened his stance.
Shares in both companies slipped following the announcement, with SoftBank down 2.2% in Tokyo and Intel falling 3.7% in New York.
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Iran’s energy shortage has sparked public anger, with residents blaming crypto mining and government mismanagement for blackouts and water scarcity. Demonstrations have broken out across several towns, with protesters demanding accountability.
The crisis has been exacerbated by record drought, soaring summer heat, and the drying of Lake Urmia. Tehran government buildings have shut down to save electricity, and hospitals face power cuts affecting patient care.
Videos shared on social media show protesters chanting ‘water, electricity, life – these are our indisputable rights’ as outages hit homes and businesses. Small traders say they cannot keep shops open, while medics in darkened wards have used handheld fans.
Critics say energy is diverted to IRGC-linked crypto mining, while experts warn of long-term mismanagement. President Masoud Pezeshkian has described the situation as ‘serious and unimaginable’, urging action as public resentment grows ahead of a volatile political season.
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The British Treasury has linked state-backed North Korean hackers to a significant theft of Bitcoin, Ethereum, and other cryptocurrencies from the Swiss platform Lykke. The hack forced Lykke to suspend trading and enter liquidation, leaving founder Richard Olsen bankrupt and under legal scrutiny.
The Lazarus Group, Pyongyang’s cyber unit, has reportedly carried out a series of global cryptocurrency heists to fund weapons programmes and bypass international sanctions. Although evidence remains inconclusive, Stolen Lykke funds may have been laundered through crypto firms.
Regulators had previously warned that Lykke was not authorised to offer financial services in the UK. Over 70 customers have filed claims totalling £5.7 million in UK courts, while Olsen’s Swiss parent company entered liquidation last year.
He was declared bankrupt in January and faces ongoing criminal investigations in Switzerland.
The Lazarus Group continues to be implicated in high-profile cryptocurrency attacks worldwide, highlighting vulnerabilities in digital asset exchanges and the challenges authorities face in recovering stolen funds.
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The cybersecurity market is consolidating as AI reshapes defence strategies. Platform-based solutions replace point tools to cut complexity, counter AI threats, and ease skill shortages. IDC predicts that security spending will rise 12% in 2025 to $377 billion by 2028.
Vendors embed AI agents, automation, and analytics into unified platforms. Palo Alto Networks’ Cortex XSIAM reached $1 billion in bookings, and its $25 billion CyberArk acquisition expands into identity management. Microsoft blends Azure, OpenAI, and Security Copilot to safeguard workloads and data.
Cisco integrates AI across networking, security, and observability, bolstered by its acquisition of Splunk. CrowdStrike rebounds from its 2024 outage with Charlotte AI, while Cloudflare shifts its focus from delivery to AI-powered threat prediction and optimisation.
Fortinet’s platform spans networking and security, strengthened by Suridata’s SaaS posture tools. Zscaler boosts its Zero Trust Exchange with Red Canary’s MDR tech. Broadcom merges Symantec and Carbon Black, while Check Point pushes its AI-driven Infinity Platform.
Identity stays central, with Okta leading access management and teaming with Palo Alto on integrated defences. The companies aim to platformise, integrate AI, and automate their operations to dominate an increasingly complex cyberthreat landscape.
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A North Korean hacking unit has launched a ransomware campaign targeting South Korea and other countries, marking a shift from pure espionage. Security firm S2W identified the subgroup, ‘ChinopuNK’, as part of the ScarCruft threat actor.
The operation began in July, utilising phishing emails and a malicious shortcut file within a RAR archive to deploy multiple malware types. These included a keylogger, stealer, ransomware, and a backdoor.
ScarCruft, active since 2016, has targeted defectors, journalists, and government agencies. Researchers say the move to ransomware indicates either a new revenue stream or a more disruptive mission.
The campaign has expanded beyond South Korea to Japan, Vietnam, Russia, Nepal, and the Middle East. Analysts note the group’s technical sophistication has improved in recent years.
Security experts advise monitoring URLs, file hashes, behaviour-based indicators, and ongoing tracking of ScarCruft’s tools and infrastructure, to detect related campaigns from North Korea and other countries early.
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Canada’s House of Commons is investigating a data breach after a cyberattack reportedly exploited a Microsoft vulnerability, granting unauthorised access to a database for managing parliamentary computers and mobile devices. Staff were notified of the breach this past Monday via internal communications.
The compromised information includes employees’ names, job titles, office locations, email addresses, and device-related details. Authorities have warned individuals to be alert for potential impersonation or phishing attempts using the stolen data.
Canada’s Communications Security Establishment (CSE) supports the investigation and confirms its involvement. No attribution has been made yet, as identifying specific threat actors remains challenging.
While customer-facing services, including click and collect, have been restored, internal systems used by buying and merchandising teams remain affected, hampering smooth operations.
The attack, which disabled contactless payments and forced the temporary shutdown of online orders, has had severe financial consequences. M&S estimates a hit to group operating profits of approximately £300 million, though mitigation is expected through insurance and cost controls.
Google has announced a $9 billion investment in Oklahoma over the next two years to expand cloud and AI infrastructure.
The funds will support a new data centre campus in Stillwater and an expansion of the existing facility in Pryor, forming part of a broader $1 billion commitment to American education and competitiveness.
The announcement was made alongside Governor Kevin Stitt, Alphabet and Google executives, and community leaders.
Alongside the infrastructure projects, Google funds education and workforce initiatives with the University of Oklahoma and Oklahoma State University through the Google AI for Education Accelerator.
Students will gain no-cost access to Career Certificates and AI training courses, helping them acquire critical AI and job-ready skills instead of relying on standard curricula.
Additional funding will support ALLIANCE’s electrical training to expand Oklahoma’s electrical workforce by 135%, creating the talent needed to power AI-driven energy infrastructure.
Google described the investment as part of an ‘extraordinary time for American innovation’ and a step towards maintaining US leadership in AI.
The move also addresses national security concerns, ensuring the country has the infrastructure and expertise to compete with domestic rivals like OpenAI and Anthropic, as well as international competitors such as China’s DeepSeek.
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