An investment firm is lending about $1.3bn to help build a giant AI data centre in Texas that will house Anthropic. It is one of the latest jumbo deals fuelling the AI boom. Eagle Point Credit Management is providing the loan, Bloomberg reported. The l…
Muon Space has raised $250m in a round backed by Google and Salesforce, according to their announcement. It is the largest cheque yet written to a company whose best-known product is a constellation that watches for wildfires. The rise had been visible…
Relativity Networks has raised $22mn and landed a $40mn order from a large cloud provider. The company is pitching a faster kind of fibre for AI data centres. The Orlando-based company announced the funding and the commercial deal on Tuesday, in a pres…
Skanska has signed a $1.2bn contract to build four data centres in the southeastern United States, the largest single data centre order the Swedish construction group has announced. The client is an existing customer, and Skanska is not saying who it i…
Callosum has raised $100m, six months after leaving stealth with a tenth of that, and the round includes money from the British state. Bloomberg reported the raise, describing the UK’s public AI fund as a backer. The Cambridge company came out of steal…
Velatir, an Odense startup that sells companies a way to see and control the AI their employees are already using, has raised €5m in seed funding six months after closing its pre-seed. Spintop Ventures, a Nordic early-stage firm investing in the compan…
SpaceX approached AI coding startup Cognition about an acquisition, Bloomberg reports, and Cognition did not engage. Chief executive Scott Wu replied publicly that his company is “not for sale and we haven’t been talking.” SpaceX approached the AI codi…
Fractile, a British startup building chips for artificial intelligence, is in advanced talks to raise money at a valuation more than six times what it fetched three months ago, Bloomberg reported. The jump follows a deal to supply chips to Anthropic. T…
Also, the micromobility startup that spun out of Rivian last year, has raised $150 million in a Series D round. The round values it above $1 billion. The company told Fortune the money will go towards its real ambition, which is not e-bikes but small a…
Nebius Group said on Wednesday that it plans to raise $4.5 billion by selling convertible bonds. It will use the money to build data centres for artificial intelligence. The Amsterdam-based company set out the plan in a statement. The offering comes in…