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Deep & Emerging Tech·November 2, 2026·1 min read

Mendler's Northwood Reaches $2 Billion Valuation

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A $375M round at a $2B valuation for space ground infrastructure is a reminder that the picks-and-shovels layer around satellites is where a lot of durable value is accruing. If your product depends on space data or connectivity, you should be tracking ground capacity and latency as closely as launch cadence.

Deep & Emerging Tech

Industry experts warn that slow US power grid expansion could stifle its AI boom and give China an edge, as China builds power infrastructure faster

Compute roadmaps that ignore transmission constraints are now fiction—US grid buildout is running at roughly one-quarter the needed pace while China leans into power infrastructure as a strategic lever. If you're planning multi-hundred-MW AI campuses in the US, you need a parallel strategy for grid interconnect risk, on-site generation, and jurisdictional diversification.