OpenAI targets $30B funding round at $1.25T valuation ahead of 2027 IPO
OpenAI is close to securing a $30B funding round at a $1.25T valuation, led by UAE investors and Coatue, as a bridge to its 2027 IPO.
Coatue
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Andreessen Horowitz builds 20,000-GPU cluster for portfolio startups as VCs expand beyond funding
Andreessen Horowitz collaborates with Switch and Volta to provide computing infrastructure for its AI startups, marking a shift in VC roles.
Firmus hits $15B valuation after $2.85B round for AI infrastructure
Firmus, an Australian AI data centre startup, raises $2.85B in 12 months, now valued at $15B.