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NSCALE COMPUTING POWER
Microsoft rejects multibillion-dollar AI deal with UK's NscaleThe report comes weeks after Microsoft pulled out of a deal to anchor Nscale's flagship data centre project in Loughton, Essex, after power...
Nvidia in talks to give credit support for Nscale's deal with AnthropicNvidia is in talks to offer AI cloud provider Nscale billions of dollars in credit guarantees to support debt funding for a data center ear...
AI debutant’s flameout stokes fears boom is endingElice, a data center and AI developer, faced a significant decline in its stock price during its debut. This situation exemplifies a broade...
Microsoft pulls out of UK data center deal with Nscale: TelegraphThe US tech giant, one of Nscale's two largest customers, recently terminated its agreement for the data center in Loughton, Essex, accordi...
Nscale hires Meta’s Justin Osofsky to be COO ahead of IPOThe new COO, Justin Osofksy, worked at Meta for 18 years in various executive roles and was most recently its chief partnerships officer.
AI cloud firm Nscale files for US IPOAI cloud firm Nscale filed for a US initial public offering on Friday. The fall IPO season has kicked off on a shaky note. Nscale's cloud p...
Cloud infrastructure provider Nscale seeks about $3.5 billion pre-IPO fundingNscale intends to sell as much as $1.5 billion of convertible notes to a group of investors and aims to secure about $2 billion from Nvid...
Dell shares jump 11% after strong AI server demand boosts annual forecastOn Wednesday, Dell Technologies experienced a notable surge in its shares, fueled by booming demand for AI servers. Companies such as Dell ...
Anthropic signs $35 billion cloud deal with Nvidia-backed LambdaAnthropic has signed a cloud-computing deal worth $35 billion with Lambda, a cloud provider backed by Nvidia, for a Texas data centre. The ...
Anthropic planned, then abandoned $7 billion purchase of MatXThe merger talks, which a third person said have evolved into a discussion about a partnership, underscore the AI lab's ambition to secure ...
Anthropic to rent AI computing power from Nscale for $45 billionAnthropic has been aggressively expanding its computing power to meet demand growth it expects for products like AI coding tool, Claude Co...
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...
Bitcoin miner and AI firm Ionic Digital valued at $2.25 billion in Nasdaq debutShares of the company, which went public through direct listing, opened at $50 apiece, down nearly 5.7% from a reference price of $53 set b...
Anthropic looking to hire talent to drive Europe expansion: ReportAI firm Anthropic is actively seeking a senior executive in London to secure significant data centre capacity across Europe. This strategic...
Nvidia-backed Nscale valued at $14.6 billion in fresh funding roundThe funding round comes ahead of the AI group's preparations for an initial public offering, for which Nscale Global has hired Goldman Sac...
Nvidia OpenAI-Chatgpt IPO push: Jensen Huang-led AI giant eyeing big Initial Public Offering optionsNvidia CEO Jensen Huang has revealed the company's plans to invest in OpenAI remained on track following recent reports that the deal had b...
Microsoft plans to invest $10 billion in Portuguese AI data hubMicrosoft will invest $10 billion in an AI data-centre project in Sines, Portugal, deploying 12,600 Nvidia GPUs with partners Start Campus,...
Microsoft to rent Nscale AI data center capacity in PortugalMicrosoft will rent capacity from Nscale at a data center in Portugal. The project, which will use Nvidia's latest AI chips, will be hosted...
Microsoft bets $33 Billion on neoclouds like Nebius to ease AI crunchMicrosoft is investing heavily in "neocloud" companies like Nebius, with deals totaling over $33 billion, to secure crucial AI computing po...
Microsoft pledges to invest $30 billion in UK as Trump visitsUS tech giants have pledged $42 billion in UK investments, coinciding with President Trump's state visit. Microsoft leads with a $30 billio...