CoreWeave and Nvidia announced a joint venture to validate a rack-scale computing architecture in June, aiming to enhance AI efficiency and scalability. This collaboration could set a new standard for…
CoreWeave became the first cloud provider to validate Nvidia's NVL72 Vera Rubin rack platform, featuring 72 Rubin GPUs, 36 Vera CPUs, and 260 TB/s of NVLink 6 fabric. The platform, described as not an…
Dell's AI server sales surged, driving revenue past expectations and boosting Michael Dell's net worth to $217 billion, but gross margins dropped 26% since February 2025 as AI now accounts for 37% of …
The Bank of International Settlements warned that the AI investment boom poses systemic risks, with hyperscalers set to spend over a trillion dollars on AI capex from 2025-2026, outpacing earnings and…
Cockroach Labs CEO Spencer Kimball said AI agents will automate database management just as they have coding, driven by the explosion of AI agent demand. The company plans to launch an Agentic Databas…
CoreWeave has partnered with Swedish data center operator Conapto to add two Stockholm campuses to its European AI infrastructure, pushing its global data center total to 49 and active power capacity …
French private equity giant Ardian is betting over $1.2 billion on Nordic data centers through its Verne platform, leveraging the region's cheap renewable energy and natural cooling to power Europe's …
SpaceX has secured contracts with Anthropic, Google, and Reflection AI to rent GPUs, generating an annualized revenue run rate of approximately $28 billion. The deals, including a $6.3 billion commitm…
CoreWeave launched ARIA, an AI agent built with W&B Weave that automates experiment analysis for machine learning projects, entering preview to analyze thousands of runs and metrics in minutes. The ag…
OpenAI, Anthropic, and xAI collectively consume about 21% of global AI compute capacity, operating fewer than 4 million H100-equivalent GPUs by end of 2025. Google alone controls roughly 25% of global…
General Intuition, founded by Pim de Witte, raised $320 million in a round led by Khosla Ventures, valuing the company at $2.3 billion. The startup uses gaming footage from de Witte's clip-sharing pla…
Andreessen Horowitz led a $15 million Series A round for Netris, a network automation startup that helps GPU cloud providers manage the networking layer beneath AI clusters. The investment highlights …
Solstice, a Solana-based protocol, partnered with Irish AI infrastructure provider TensorX to establish a $1B financing facility for purchasing NVIDIA GPUs and expanding data center capacity across Eu…
LinkedIn co-founder Reid Hoffman called Elon Musk's xAI a 'complete train wreck' and dismissed SpaceX's AI strategy as a 'premium-priced CoreWeave' in a recent interview, arguing that buying an AI com…
Meta and Microsoft have added roughly $50 billion each in new data center lease commitments in a single quarter, pushing total future lease obligations past $700 billion across major cloud providers. …
Gartner predicts that by 2030, GPU-specialized neocloud providers will capture 20% of the $267 billion AI cloud market, representing roughly $53 billion shifting away from AWS, Azure, and Google Cloud…
Backblaze announced a $335 million, multi-exabyte storage agreement with CoreWeave covering five- and seven-year terms, providing HDD-based tiered storage for CoreWeave AI Object Storage. The deal inc…
Cloud storage provider Backblaze secured a 5-year, multi-exabyte storage deal with AI cloud provider CoreWeave worth $335 million. Backblaze will provide HDD-based storage tiers for CoreWeave AI Objec…
SpaceX closed a $150 million per month AI compute deal with open-source startup Reflection AI, converting itself into a neocloud provider. Meanwhile, AI infrastructure startup Baseten raised a $1.5 bi…
SpaceX has become a $28 billion per year neocloud business through GPU rental deals with AI companies including Anthropic, Google, and Reflection AI, according to analyst Jamin Ball. The company's ann…