Nuvacore targets $2.5B valuation in $200M+ chip round for AI data centers
Nuvacore, a six-month-old chip startup, seeks $200M+ at a $2.5B valuation to build AI-optimized data center CPUs.
AI data centers
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Nscale adds OpenAI's ex-COO Fidji Simo to board ahead of $3.5B IPO
Nscale appoints Fidji Simo, ex-OpenAI COO, to its board as it prepares for a $3.5B IPO this fall.
Crusoe's $30B valuation rides a $13B Jane Street cloud deal
Crusoe secures $30B valuation after $3B funding round and a $13B cloud contract with Jane Street.
Gridsight's $36M Series B to fuel US expansion amid AI data center surge
Gridsight secures $36M to grow in the US as AI data centers strain electricity networks.
Andreessen Horowitz's $1.1B bet on AI hardware as rack power hits 1 megawatt
Andreessen Horowitz closes $1.1B Machine Age Fund for AI hardware, targeting chips, cooling, and robotics as rack power demand soars.
Effingham County spends $77,000 on PR to promote OpenAI's $80M data center
Effingham County and its industrial authority hired a PR firm for $77,000 to manage public pushback against OpenAI's data center plans.
OpenAI and Meta turn to local communities to ease AI data center opposition
OpenAI and Meta are working with local communities to address growing concerns about their AI data center plans.
Nvidia's $3B SB Energy investment ties to OpenAI's Ohio data center plans
Nvidia reportedly in talks to invest $3B in SB Energy for OpenAI's Ohio data center project, per The Information.
Anthropic, Macquarie, and GIC invest $1.5B in AI data centers to power Claude
Anthropic, Macquarie, and GIC form a $1.5B venture to build AI data centers for Claude, aiming to expand its infrastructure.
Oracle's $1T AI bet hinges on OpenAI data center leverage
Oracle's Larry Ellison bets big on AI with $1T data center investments for OpenAI, leveraging debt and equity.
OpenAI secures $250B Nvidia-backed data center deal, slashes GPT-5.6 model prices
OpenAI partners with Nvidia on a $250B data center build, unveils full-stack AI strategy, and reduces GPT-5.6 model prices
Google commits $15B to Anthropic's Texas AI data center, eyes equity stake
Google backs Anthropic's $15B Texas AI data center, supplying chips and potentially taking an equity stake in the AI startup.
South Korea pitches itself as Anthropic's Asian AI hub in CEO meeting
President Lee Jae Myung urges Anthropic CEO Dario Amodei to expand investment in South Korea's AI infrastructure.
Austin startups raised $5B in H1 2026, on pace for record $9.9B year
Austin startups raised $5B in the first half of 2026, with TerraFirma securing $100M in Series A funding.
Valar Atomics seeks $1B at $6B valuation for AI-powered nuclear reactors
Valar Atomics, backed by Sequoia, aims to raise $1B at a $6B valuation for its AI-powered nuclear reactors.
Edge AI hardware startups claim 37% of Q2 2026 funding, chip investors pivot
Edge AI hardware startups claimed 37% of funding in Q2 2026, as investors shift focus from data center chips to real-time on-device applications.