


+ 1 moreRecent picks on Ai Data Centers
See full feedAnthropic is burning gas to feed the AI boom

Giraffe Bio aims its bespoke biomolecules at the looming copper shortage

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

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

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 […]
This story continues at The Next Web

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 […]
This story continues at The Next Web

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 […]
This story continues at The Next Web

