Nscale Discloses $103 Billion in Contracted Revenue, With an IPO Possible This Month
Nscale, the British cloud-computing provider backed by Nvidia, has told prospective investors that its contracted revenue has grown to about $103 billion, according to people familiar with the matter, and…
Microsoft Puts a Number on Azure
For more than a decade, the biggest unresolved arithmetic in technology earnings belonged to Microsoft. Investors knew how fast Azure grew. They did not know how big it was. Every…
KKR’s Helix Adds Two Veterans to Its $10 Billion AI Buildout
Running the next generation of data centers, the people who do it for a living like to say, is no longer mainly a problem of money or of chips. It…
Broadcom’s AI Semiconductor Boom, and the Forecast That Tripped It Up
On paper, it was a clean sweep. Broadcom reported quarterly results on Wednesday that beat Wall Street’s expectations on nearly every line, raised its target for next year’s artificial intelligence…
Nvidia Buys Hugging Face, and Promises to Keep It Open
On the website where millions of programmers go to borrow other people’s models, the ownership is about to change. Nvidia said Thursday that it had agreed to acquire Hugging Face,…
Anthropic’s Sprint to an IPO, and the Record It Wants to Break
When Anthropic’s chief financial officer sat down with prospective investors in August, the questions were not about whether the company would go public. They were about how big the offering…
TSMC Keeps HBM on Microbumps as Hybrid Bonding Slips
The message went out to suppliers in recent weeks: keep the development lines pointed at microbumps. TSMC, the world’s largest contract chipmaker, has decided to hold off on investing in…
iPronics Raises $125 Million for Smaller Optical Switches
iPronics, a Spanish startup that builds optical switches for AI data centers, said Tuesday it raised $125 million in a Series B round led by Maverick Silicon and Light Street…
HiddenLayer Raises $100 Million as AI Security Spending Grows
HiddenLayer, an Austin-based company that sells security software for AI models, said Tuesday it raised $100 million in a Series B round led by Delta-v Capital. Ten Eleven Ventures, Morgan…
Nvidia Nears Deal to Buy Hugging Face for About $14 Billion
SANTA CLARA, Calif.—The world’s dominant seller of artificial-intelligence chips is in talks to buy the site where many of those chips get their software. Nvidia is in advanced discussions to…
