British neocloud provider Nscale has secured $3.36 billion in convertible note financing led by Third Point, including $1 billion from existing investor Nvidia, ahead of a planned NYSE IPO expected to value it at around...
Oracle has sent a force majeure notice to Blue Owl Capital's unit developing Project Jupiter, a 2.45-gigawatt Stargate data center campus in New Mexico. The notice would let Oracle delay payments if the site misses its 2...
Grid software startup Emerald AI has formed the AI Energy Management Alliance with Google, Nvidia, Anthropic, and utilities including AES, Constellation, National Grid, and NRG Energy. The coalition aims to make demand r...
British AI infrastructure startup Nscale, founded two years ago, is reportedly seeking $3.5 billion ahead of a possible IPO this month, including $1.5 billion in convertible notes and $2 billion from Nvidia. The company...
Nvidia confirmed it has acquired Hugging Face for $12.93 billion, taking ownership of a platform hosting three million models, one million applications, and half a million datasets used by over 18 million developers. Jen...
Elon Musk confirmed that a new SpaceX foundry in Bastrop, Texas will cast the single-crystal blades and vanes needed for natural gas turbines, a component currently produced at scale by only four companies worldwide, all...
The Information reported that Nvidia has agreed to acquire Hugging Face, the leading hub for sharing open-source AI models, for roughly $12.9 billion, though Business Insider noted no agreement has been signed yet. The m...
Anthropic has reportedly agreed to rent roughly $45 billion of AI compute from British infrastructure firm Nscale over six years, drawing on Nvidia's Vera Rubin chip systems from a West Virginia data center starting in l...
Nvidia announced a $1.5 billion investment in SB Energy, a SoftBank- and OpenAI-backed data center and power developer, securing its position as sole compute supplier for OpenAI's Ports-Pike facility near Cincinnati. Nvi...
Nvidia announced that Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR are prepared to commit up to $500 billion toward AI data centers, with Nvidia guaranteeing up to 25% of any shortfall if GPUs pledge...
