OpenAI's former number two joins Nscale's board, with an IPO planned for the autumn
Nscale, the UK data centre startup founded two years ago, has added Fidji Simo to its board. It is seeking up to 3.5 billion dollars in pre-IPO financing.
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AI Infrastructure
A memory shortage is making Nvidia servers about 15 percent more expensive
The increase lands on cloud giants and labs that are developing their own chips but still depend on Nvidia.
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Five GPU clouds side by side: one label, five different businesses
CoreWeave, Nebius, Lambda, Crusoe and Groq compared on published pricing, contracted power and hardware roadmap.
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Groq raises $350 million: from chipmaker back to cloud provider
After losing its founder and top team to Nvidia, Groq abandoned its own chip effort and became a cloud company operating Nvidia systems. The new round values it at $3.5 billion.
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Stripe is reportedly acquiring model gateway OpenRouter for more than $7 billion
According to Bloomberg, Stripe has finalised a deal to acquire OpenRouter, which gives customers a single access point to different AI models. The company raised at a reported $1.3 billion valuation in May.
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If gas prices triple, the data centre plans get shaken
Energy research firm Noreva forecasts that natural gas prices could triple in parts of the US. Four large companies are planning gigawatt-scale gas plants.
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Nvidia's $500B plan: finding value in ageing GPUs
Nvidia has a plan to keep its GPUs from losing value. The goal is to convince a new class of financiers to keep lending against AI buildouts.
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