Brief
AI Infrastructure Firm Nscale Seeks $3.5 Billion Before Expected IPO
AI infrastructure company Nscale is reportedly seeking $3.5 billion in financing ahead of a potential IPO later this month.
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AI infrastructure company Nscale is reportedly seeking $3.5 billion in financing ahead of a potential IPO later this month.
AI infrastructure company Crusoe reportedly raises $3 billion at a $30 billion valuation as demand for data centres and GPUs grows.
Google will buy 396 MW of geothermal power from Fervo’s Utah project to support a new data centre and expand clean energy use.
A pro-AI political group backed by major technology investors plans to run ads promoting data centres in key election states.
Nvidia is investing $3.5 billion in MediaTek as the companies expand their partnership around custom AI chips, NVLink Fusion, AI PCs and automotive systems.
Elon Musk says SpaceX could speed up gas turbine production for AI data centres, but the expansion raises concerns about pollution and health impacts.
AI cloud company Lambda raises $1 billion in private debt to buy Nvidia chips for customer deployments as demand for AI computing grows.
Andreessen Horowitz launches a $1.1 billion Machine Age fund focused on AI hardware, chips, data centres, robotics, and infrastructure.
Amazon will add 2 million Nvidia GPUs to AWS data centres as demand for AI computing infrastructure drives a major expansion of chip capacity.
Anthropic signed a reported $45 billion compute deal with Nscale to expand AI infrastructure using Nvidia’s next-generation Vera Rubin chips.
OpenAI reveals Jalapeño chip benchmarks showing improved AI inference speed, efficiency, and scalability compared with current systems.
Nvidia has taken a minority stake in Cloverleaf Infrastructure to support U.S. AI data centre development, including power, cooling and site planning.
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