Allbirds sells shoe business, pivots to GPU-as-a-Service
Allbirds has sold its footwear business for $39 million and is pivoting to become NewBird AI, a GPU-as-a-Service provider, subject to stockholder approval.
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Compute & Cloud
192 storiesParasail raises $32 million to scale AI inference cloud
Parasail raised $32 million to expand its global cloud infrastructure, aiming to lower inference costs for startups by orchestrating processing across 40 data centers in 15 countries.
Fluidstack in talks for $1B round at $18B valuation
Fluidstack is reportedly in talks to raise $1 billion at an $18 billion valuation, potentially doubling its worth just months after its previous funding round.
Anodot breach exposes data from at least a dozen companies
Hackers have reportedly stolen data from at least a dozen companies following a breach at Anodot, with the ShinyHunters group threatening to release the information.
Sophia Space to test orbital software on Kepler’s compute cluster
Kepler Communications and Sophia Space are partnering to test orbital software on Kepler’s existing compute cluster, a key step toward proving the viability of space-based data processing.
Google and Intel expand AI infrastructure partnership
Google and Intel have expanded their multiyear partnership to co-develop custom infrastructure processing units and utilize Intel’s Xeon processors for AI and cloud workloads.
AWS CEO defends dual investments in Anthropic and OpenAI
AWS CEO Matt Garman defends the company's strategy of investing in competing AI models like Anthropic and OpenAI, framing it as a manageable conflict of interest.
Firmus raises $505 million to scale AI data center network
Singapore-based Firmus raised $505 million at a $5.5 billion valuation to expand its energy-efficient AI data center network using Nvidia’s Vera Rubin platform.
Uber expands AWS cloud contract to include AI chips
Uber is expanding its AWS cloud contract to run more ride-sharing features on Amazon’s chips, signaling a competitive shift away from its previous Oracle and Google infrastructure.
Anthropic secures 3.5 gigawatts of new compute capacity
Anthropic has signed a new agreement with Google and Broadcom for 3.5 gigawatts of compute capacity to support its rapid growth and AI model development.
Iran threatens Stargate AI data centers amid regional conflict
Iran has threatened the $500 billion Stargate AI data center project, citing potential retaliation against U.S. tech infrastructure amid escalating geopolitical tensions in the Middle East.
Microsoft, Google, and Meta build natural gas plants for AI power
Microsoft, Google, and Meta are building natural gas power plants to support AI data centers, raising concerns about resource competition and grid stability.
Data centers face growing political headwinds in the U.S.
New U.S. polls indicate significant public opposition to data center construction, with many residents concerned about electricity costs and limited local job creation.
European Commission data breach linked to supply chain attack
The European Commission suffered a data breach involving around 92 gigabytes of data, with CERT-EU attributing the incident to a supply chain attack via a compromised security tool.
Meta to build 10 natural gas plants for Hyperion AI data center
Meta is funding 10 natural gas power plants in Louisiana to support its Hyperion AI data center, which will draw as much electricity as South Dakota.
Mistral AI raises $830 million in debt for Paris data center
Mistral AI has raised $830 million in debt to build a data center near Paris, aiming to reduce reliance on third-party cloud providers for its European operations.
Starcloud hits $1.1 billion valuation for orbital data center bet
Starcloud raised $170 million at a $1.1 billion valuation to develop orbital data centers, though the business model relies on unproven technology and future rocket launch capacity.
Tech giants race to secure nuclear power for AI data centers
Helion is reportedly in talks to supply OpenAI with up to 5 gigawatts of power by 2030 as tech companies scramble for new energy sources to fuel AI.
European Commission confirms cyberattack on cloud infrastructure
The European Commission confirmed a cyberattack on its cloud infrastructure, with reports suggesting hackers stole hundreds of gigabytes of data from its Amazon Web Services account.
Aetherflux in talks for $2B Series B to build space data centers
Aetherflux is reportedly in talks to raise a Series B round that would value it at $2 billion as it pivots toward space-based data centers.