AI startup Crusoe valued at $30 billion after new fundingSeparately, the startup has signed a five-year cloud contract with trading firm Jane Street Group valued at around $13 billion, Bloomberg ...
04 Sep, 2026, 09.40 AM IST
This US company is repurposing old EV batteries in Nevada to power AI data centres. This could solve one of AI’s biggest problemsA new trend is emerging as retired electric vehicle batteries are repurposed to fuel artificial intelligence data centres. Retaining consid...
24 Aug, 2026, 11.38 PM IST
Atomberg's funding plans; Neocloud firms eye India capacityHappy Wednesday! Atomberg Technologies is in talks to raise funding for its engineering arm ahead of a public listing. This and more in tod...
29 Jul, 2026, 08.04 AM IST
Nvidia-backed neoclouds hover over India to lease data centre capacityCoreWeave, Together AI, Nebius, Lambda Labs, Crusoe and Nscale are in various stages of discussions with companies such as Sify Technologie...
29 Jul, 2026, 06.00 AM IST
AI data center startup Crusoe in talks to raise $3 billion funding: reportThe startup has contracts to supply AI computing power for the likes of Meta and Oracle, the report said, as technology giants spend bill...
03 Jul, 2026, 07.39 AM IST
Meta signs new AI computing deals with data center firm Crusoe: ReportMeta is under contract to buy computing capacity from Crusoe at two data centers, which are located in Childress, Texas, and Warrenton, Mi...
19 Jun, 2026, 02.17 PM IST
Oracle and OpenAI drop Texas data centre expansion plan: BloombergIn September, the companies had announced plans for an additional potential expansion of 600 megawatts near the flagship Stargate site in A...
07 Mar, 2026, 07.10 AM IST
OpenAI, SoftBank invest $1 billion in Stargate partner SB EnergyOpenAI and SoftBank will each invest $500 million in SB Energy to support the energy firm’s growth as a data center developer and operator,...
10 Jan, 2026, 07.28 AM IST
OpenAI partners shoulder nearly $100 billion debt to fund its AI ambitionsOpenAI’s growth is being funded mostly through huge borrowing by partners like Oracle, SoftBank and CoreWeave, which now hold nearly $100 b...
30 Nov, 2025, 09.07 PM IST
'Neocloud' Crusoe to buy $400 million worth of AMD chips for AI data centersCrusoe's data centers are purpose-built to house AI chips, which it says allows it to offer superior performance compared with older design...
13 Jun, 2025, 12.28 PM IST
AMD unveils AI server as OpenAI taps its newest chipsAMD has unveiled its upcoming MI400-based "Helios" AI server, set for 2026, to rival Nvidia’s dominance. CEO Lisa Su stressed open collabor...
13 Jun, 2025, 07.50 AM IST
Fire sale at Byju’s; Meesho’s pre-IPO moveTroubled edtech startup Byju’s is selling its US assets at steep losses, mandated by a US bankruptcy court. This and more in today’s ETtech...
10 Jun, 2025, 07.59 PM IST
Turf war in the clouds showers on the groundAs neocloud firms begin to challenge hyperscalers’ dominance, Indian data centres seek to benefit from this shift in cloud business, finds ...
10 Jun, 2025, 06.00 AM IST
Ex-Tesla executive signs letter of intent with Stargate’s CrusoeIn a bid to tackle the pressing challenges of AI infrastructure, Drew Baglino, a former Tesla executive, has launched Heron Power. This sta...
04 Jun, 2025, 12.33 PM IST
Cast AI secures $108 million funding to expand cloud automationThe oversubscribed round, which also saw participation from existing investors such as Aglae Ventures, valued the company at $850 million, ...
30 Apr, 2025, 05.47 PM IST
OpenAI looks across US for sites to build its Donald Trump-backed Stargate AI data centresThe creators of ChatGPT issued a request for proposals for land, electricity, engineers, and architects, and started touring potential site...
07 Feb, 2025, 01.02 PM IST
Elon Musk publicly trashes Trump-backed Stargate AI project, clashes with OpenAI CEO Sam AltmanA dispute arose between Elon Musk and OpenAI CEO Sam Altman over Stargate, a $500 billion AI infrastructure project. Musk questioned the fu...
23 Jan, 2025, 06.45 AM IST