Axelera AI Seeks €150M Funding to Boost Edge AI Ambitions
Axelera AI, backed by Samsung and the European Union, is in talks to raise over €150 million to enhance its edge AI capabilities, according to Bloomberg.
August 25, 2025
Chips & Data Centers
Advancements in semiconductor technology, GPU development, and data center infrastructure that power AI computing capabilities.
Fermi America Partners with Parkhill and Lee Lewis for AI Grid
Fermi America has announced a partnership with Parkhill and Lee Lewis Construction to build an 11-gigawatt private AI grid in Amarillo, Texas, according to a press release.
August 24, 2025
Meta Secures 100MW Solar Power for South Carolina AI Data Center
Meta Platforms has signed a deal with Silicon Ranch to develop a 100MW solar farm in South Carolina, powering its upcoming AI data center entirely with renewable energy.
August 23, 2025
Meta Signs $10 Billion Cloud Deal with Google
Meta Platforms has entered a six-year cloud computing agreement with Google Cloud, valued at over $10 billion, according to Reuters. This deal will support Meta's AI infrastructure needs.
August 23, 2025
Crusoe Aims for $10 Billion Valuation with New Funding Round
Crusoe, the developer of OpenAI's first Stargate data center, is in talks to raise $1 billion at a $10 billion valuation, according to The Information. The company plans to expand its cloud services by acquiring Atero, a Tel Aviv-based startup.
August 22, 2025
BAE Systems Boosts Chip Production with CHIPS Act Support
BAE Systems is accelerating chip production for defense programs by modernizing its Nashua facility with CHIPS Act funding.
August 22, 2025
Blackstone Expands Financing for Aligned Data Centers to Over $1 Billion
Blackstone Credit & Insurance has increased its debt facility for Aligned Data Centers to over $1 billion, supporting the company's expansion plans across the Americas.
August 22, 2025
DeepSeek Unveils V3.1 AI Model with Domestic Chip Support
Chinese AI startup DeepSeek has released an upgraded version of its V3 model, optimized for Chinese-made chips and featuring enhanced processing speeds.
August 21, 2025
OpenAI Considers Offering AI Infrastructure Services
OpenAI is exploring the possibility of selling AI infrastructure services to other companies, as stated by CFO Sarah Friar. This move could create a new revenue stream to offset the company's high operational costs.
August 21, 2025
GI Partners Invests $1 Billion in Flexential for Data Center Expansion
GI Partners has announced a $1 billion investment in Flexential to accelerate the development of next-generation data centers across the U.S., according to a press release.
August 21, 2025
Lightning AI Launches Multi-Cloud GPU Marketplace
Lightning AI has introduced a Multi-Cloud GPU Marketplace, offering AI teams access to GPUs from leading cloud providers, potentially reducing AI costs by 70%.
August 20, 2025
Yondr Group Secures Site for 550MW Data Center Campus in Dallas
Yondr Group has announced the acquisition of a 163-acre site in Lancaster, Texas, to develop a 550MW data center campus, marking a significant step in its US expansion.
August 20, 2025
AVAIO Digital to Build $6 Billion AI-Ready Data Center in Mississippi
AVAIO Digital has announced plans to construct a $6 billion AI-ready data center hub in Brandon, Mississippi, set to be completed by 2027.
August 20, 2025
Generative AI Data Center Market to Hit $19.9 Billion by 2031
The Generative AI Data Center Market is projected to grow from $6.584 billion in 2024 to $19.9 billion by 2031, driven by global AI adoption and digital transformation, according to Valuates Reports.
August 20, 2025
Elea Partners with Oracle and Rio de Janeiro for Data Center Project
Elea Data Centers has signed a Memorandum of Understanding with Oracle and the City of Rio de Janeiro to advance the Rio AI City project, a major data center hub in the Olympic Park.
August 19, 2025
Oracle Integrates OpenAI GPT-5 Across Cloud and Database Services
Oracle has integrated OpenAI's GPT-5 into its database and cloud applications, enhancing AI capabilities for enterprise customers, announced in a press release.
August 18, 2025
Applied Digital Plans 280MW AI Data Center in North Dakota
Applied Digital is set to build a 280MW AI data center campus near Fargo, North Dakota, with construction starting in September 2025, according to Data Center Dynamics.
August 18, 2025
Galaxy Secures $1.4 Billion for Helios AI Datacenter Expansion
Galaxy Digital Inc. has closed a $1.4 billion financing facility to advance its Helios AI datacenter in Texas, supporting a long-term agreement with CoreWeave.
August 16, 2025
DeepSeek Delays AI Model Due to Huawei Chip Issues
DeepSeek's latest AI model release has been postponed due to challenges in training with Huawei's chips, highlighting China's reliance on U.S. technology.
August 14, 2025
Equinix Partners with Alternative Energy Providers for AI Data Centers
Equinix has announced collaborations with alternative energy providers to power its AI-ready data centers, as stated in a press release by PR Newswire. The partnerships include agreements with next-generation nuclear providers and a fuel cell provider.
August 14, 2025
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