Broadcom’s $42 Billion Financing Deal Deepens Anthropic AI Partnership
Anthropic’s IPO prospectus has revealed an unusually broad relationship with chipmaker Broadcom, spanning compute supply, equipment leasing and financing. Broadcom has agreed to lend Anthropic up to $42 billion to help finance its infrastructure...
Accelevation Targets $5.37 Billion Valuation in US IPO
Accelevation, a data centre infrastructure company backed by private equity firm Olympus Partners, is targeting a valuation of up to $5.37 billion in its US initial public offering (IPO), joining a growing wave of...
Meta’s Alberta Data Centre Boosts Province’s Appeal to Global Tech Giants
Meta’s planned C$13 billion ($9 billion) data centre in Alberta is strengthening the Canadian province’s appeal to major technology companies, Capital Power CEO Avik Dey said. The investment signals confidence in Alberta’s artificial intelligence...
Delos Data Raises $100 Million to Accelerate AI Data Center Networking
Delos Data, a startup founded by former Intel Corp veterans, has raised $100 million to develop chips and software designed to move data faster within increasingly complex artificial intelligence data centers. The company aims...
OpenAI Reportedly Holds $5.5 Billion in SB Energy Warrants
OpenAI has been issued warrants estimated to be worth $5.5 billion in power infrastructure firm SB Energy, according to a Wall Street Journal report citing draft IPO documents reviewed by the publication. The reported...
Reflection Signs $1 Billion AI Compute Deal With Nebius
AI startup Reflection has signed a computing infrastructure agreement worth more than $1 billion with Nebius, securing access to Nvidia’s latest AI chips as demand for computing power continues to surge. The deal expands...