PaleBlueDot AI Raises $200 Million at $3.2 Billion Valuation
PaleBlueDot AI raised $200 million in a Series C round led by ComputeCore. The company will use the funding to add AI compute capacity across more locations and hardware options.
Advancements in semiconductor technology, GPU development, and data center infrastructure that power AI computing capabilities.
PaleBlueDot AI raised $200 million in a Series C round led by ComputeCore. The company will use the funding to add AI compute capacity across more locations and hardware options.
SQC and Schneider Electric received A$3.6 million to expand tests of hybrid quantum and classical models for household energy forecasting across Australia.
Google launched a prototype satellite carrying one of its Tensor Processing Units, marking the first time the company has sent an advanced chip into space.
DeepSeek and Huawei have developed programming tools for Huawei's Ascend AI chips, including libraries for a system using 128 Ascend 950 chips.
The companies introduced a coordinated approach that combines onsite generation, electrical infrastructure, automation and engineering for US data centers.
LG Electronics will open its first US chiller factory in Virginia, with production of cooling equipment for AI data centers scheduled to begin in the first half of 2027.
Project Star will pair 6.47 GW of natural gas generation with an adjacent 5 GW data center campus in Encinal, Texas.
SEMIFIVE signed a turnkey contract with Mobilint to develop an AI chip for robotics under a South Korean government program. The chip will process vision and sensor data locally for applications including agricultural robots.
LandGate expanded its grid intelligence platform with site level data for more than 2,100 data center facilities across 10 European markets.
Sharon AI secured a US$356 million debt facility backed by GPUs and associated cash flows to fund compute infrastructure for customer contracts.
Synopsys expects fiscal 2027 revenue of about $11.15 billion and plans to repurchase approximately $1 billion of its shares.
The compact drone computer provides up to 12 TOPS of onboard AI performance while using less than 10 watts of power.
OpenAI and Synopsys signed a multi year agreement to develop GPT-Synopsys, a specialized model that will operate Synopsys chip design tools.
SWI Group reported €4.4 billion in total assets and €631.6 million in profit for the first half of 2026 as it expanded its data center and AI compute portfolio.
Bruce Claassen will become Kao Data's chief financial officer on October 1, bringing more than 20 years of finance experience to the data center operator.
Virtus Solis will supply 100 MW of orbital solar power for Brae Systems' subsea data centers, with an option to expand capacity to 250 MW.
Corvex Token Factory provides API access to open weight AI models with zero data retention by default and usage based token pricing.
Transmart is expanding its North American sales efforts for magnetic cores used in AI data centers and power infrastructure.
NGEN Mission Critical launched a service that gives data center developers one partner for sourcing, engineering, certification, delivery and support of power and cooling equipment.
Sophia Space and Redwire signed an agreement to explore computing infrastructure for AI inference and data processing in orbit.
Weekly coverage of AI hardware developments including chips, GPUs, cloud platforms, and data center technology.