Broadcom is in talks with lenders to raise more than US$60 billion in debt for an AI chip financing deal that will benefit Anthropic and other companies, according to Bloomberg News. The financing cou…
Broadcom is in talks to raise more than $60 billion in senior debt through a special-purpose vehicle to finance AI chip purchases and lease them to companies like Anthropic, with the total structure p…
Ode, the Anthropic-backed joint venture valued at roughly $1.5 billion, has acquired AI consultancy Casper Studios, adding capabilities in custom AI solutions, UX/UI design, and large language model d…
Since the AI boom began in 2023, Amazon, Microsoft, Alphabet, and Meta have invested $1.1 trillion in AI infrastructure, with plans for another $745 billion this year, signaling a shift from asset-lig…
Nvidia and Wall Street firms including Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR are working to raise $500 billion to turn compute into an investable asset class, according to …
Etched shipped its first Sohu rack to Jane Street, which led a $700 million Series D at a $21 billion valuation, doubling the company's valuation in a month. The transformer-only chip, built on TSMC's…
QTS Realty Trust, the Blackstone-backed data center operator, launched a $3.9 billion bond sale to finance a data center project in Georgia tied to Microsoft, drawing over $8 billion in investor deman…
Anthropic, the AI lab behind the Claude chatbot, is seeking loans of approximately $1 billion to $1.25 billion each from major lenders, following a recent debt deal arranged by Apollo Global Managemen…
Nvidia Corp. aims to dominate every aspect of AI by securing chip supply, land, power, and shell, according to BofA Securities analyst Vivek Arya after meeting with Nvidia senior management. The compa…
ServiceNow's Veza is hiring a Senior Staff Software Engineer for AI/ML with a salary range of $172k–301k/yr, based in Minneapolis, Minnesota, with remote work options. The role involves architecting a…
A bond sale linked to Microsoft's data center ambitions is on track to reach roughly $4 billion, up from an initial $3.9 billion target, amid strong investor demand for AI infrastructure debt. The dea…
Billionaire investor Jeff Gundlach, CEO of DoubleLine Capital, warned that Wall Street's push to turn AI chips into an investable asset class could signal a market top, citing the mismatch between fas…
Nvidia has partnered with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to establish financing platforms aimed at mobilizing more than $500 billion in third-party capital for AI in…
Nvidia announced agreements with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to mobilize over $500 billion for AI infrastructure financing, creating collateralized compute as a n…
Nvidia faces investor concerns over off-balance-sheet purchase obligations that reached nearly $30 billion as of April 28, 2024, including $18.8 billion in inventory purchase commitments and $8.8 bill…
Nvidia announced memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to mobilize more than $500 billion for AI hardware financing, framing GPUs as an in…
Nvidia Corp. announced memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to establish financing platforms aimed at mobilizing more than $500 billion fo…
Nvidia has secured commitments from Apollo, Blackstone, BlackRock, Brookfield, Goldman Sachs, and KKR to raise more than $500 billion in third-party capital for financing purchases of its GPUs, formal…
Nvidia Corp. announced partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to create independent financing platforms for AI infrastructure, targeting more than $500 bil…
Nvidia has partnered with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to raise over $500 billion for AI infrastructure, with CEO Jensen Huang saying Nvidia may backstop up to $12…