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Recent picks on Ai Data Centers

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• theverge.com

Anthropic is burning gas to feed the AI boom

As it prepares to go public, Anthropic's S-1 filing makes generative AI's methane dependency glaringly obvious. "Competition for access to electrical supply and data center locations with adequate power availability is intense." In documents filed with the US Securities and Exchange Commission Monday, Anthropic acknowledges that data centers are becoming increasingly reliant on "natural gas" […]
Anthropic is burning gas to feed the AI boom
• techcrunch.com

Giraffe Bio aims its bespoke biomolecules at the looming copper shortage

As AI data centers and EVs drive up demand for copper, Giraffe Bio has unearthed a $6.4 million seed round to help miners extract more of the mineral.
Giraffe Bio aims its bespoke biomolecules at the looming copper shortage
• techcrunch.com

Ahead of US IPO, British AI neocloud Nscale secures $3.36B in convertible financing

The funding, which comes from Third Point, Nvidia, and others, will fuel the company's massive AI data center buildout.
Ahead of US IPO, British AI neocloud Nscale secures $3.36B in convertible financing
• techcrunch.com

Nscale’s IPO will test Wall Street’s appetite for concentrated AI bets once again

The British AI data center developer depends on tech giants Microsoft and Anthropic for most of its revenue.
Nscale’s IPO will test Wall Street’s appetite for concentrated AI bets once again
• thenextweb.com

The firm that wires AI data centres is chasing Hong Kong’s biggest IPO since Alibaba.


One of the quiet winners of the AI boom is about to test the public markets. Zhongji Innolight, a Chinese maker of high-speed optical transceivers, has started gauging demand for a Hong Kong listing worth as much as $8bn. The Shenzhen-listed company won approval for the deal on Friday, Bloomberg reported. It began meeting analysts […]


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The firm that wires AI data centres is chasing Hong Kong’s biggest IPO since Alibaba.
• thenextweb.com

Nvidia-backed Verse raises $54M to help AI data centres skip the power queue


For years, the scarce resource in AI was chips. Now it is power. Verse Enterprises wants to unblock that bottleneck. The San Francisco startup has raised an oversubscribed $54mn Series B. Bessemer Venture Partners led the round. GV, Nvidia and Norrsken VC also took part. The race to AI is now a race to power […]


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Nvidia-backed Verse raises $54M to help AI data centres skip the power queue
• thenextweb.com

CoreWeave’s borrowing costs just fell from 10% to 7%. The AI data centre debt market is repricing risk in real time.


An Applied Digital subsidiary raised $1.59 billion in the high-yield bond market on Tuesday to fund a fourth building at its Polaris Forge 1 campus in North Dakota, which will provide 150 megawatts of computing capacity for CoreWeave under a 15-year contract. The bonds were priced to yield 7%, a steep drop from the 10% investors demanded […]


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CoreWeave’s borrowing costs just fell from 10% to 7%. The AI data centre debt market is repricing risk in real time.
• technologyreview.com

The Download: climate tech goes public and the AI Hype Index returns

This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Climate tech companies are going public. What’s next? Solar and battery company Solv Energy went public in February, hitting a $6 billion valuation. X-energy, which builds small modular nuclear reactors, followed…