Crusoe Eyes $3B Round to Triple AI Factory Valuation
Crusoe is in talks to raise roughly $3 billion at a $30 billion valuation, tripling what investors paid eight months ago as AI compute demand outstrips available infrastructure.
Articles Tagged "Investment"
Jersey Mike's Filed for $12B IPO with 22 AI Mentions
Jersey Mike's S-1 mentions AI 22 times but describes no product, tool, or strategy - a sign of where the hype cycle now stands.
Abu Dhabi's MGX Closes $49B AI Fund at Record Size
MGX closes its first AI fund at $49B, beating a $45B target, after co-leading the biggest funding rounds for OpenAI, Anthropic, and xAI over the past six months.
South Korea Commits $518B to Samsung and SK Hynix Fabs
South Korea announced an 800 trillion won chip investment plan to build four new fabs with Samsung and SK Hynix in the country's southwest, targeting AI memory dominance through 2035.
OpenAI Delays IPO to 2027 as Altman Holds Out for $1T
Sam Altman has rejected any sub-trillion IPO valuation as a nonstarter, pushing the listing to 2027 while SoftBank takes a 13% hit and SpaceX's stumbling debut makes the wait look smarter.
Amazon Tops Hyperscalers With $48B India AI Pledge
Amazon CEO Andy Jassy pledged $48 billion for India through 2030 after meeting PM Modi, outspending Microsoft and Google on AI infrastructure in the world's fastest-growing cloud market.
Google Bets $75M on A24 as Hollywood's AI Race Shifts
Google DeepMind's $75M investment in A24 aims to build AI tools shaped by filmmakers rather than imposed on them, as studios race to stake their AI positions across Hollywood.
Behavox Raises $175M From BlackRock for AI Compliance
London-based Behavox lands preferred equity from BlackRock's HPS as compliance demand rises ahead of Colorado and EU AI Act deadlines.
Canada's Pension Giant Bets C$1B on India AI Data Centers
CPP Investments commits C$1 billion to Indian data center operator CtrlS in a dual equity-and-JV structure, joining the global race to build hyperscale AI infrastructure across India.
Apollo and Blackstone Make AI Compute an Asset Class
Broadcom, Apollo, and Blackstone launched the $35B AI XPV Platform on June 9, targeting 20GW of custom AI silicon through 2028 with Anthropic as the anchor customer.
Bezos Backs Flourish's $500M Bet on Brain-Inspired AI
Jeff Bezos anchored a $500M round for Flourish, a New York startup building Cortex AI from connectomics research, targeting 20-50W operation versus server-rack GPU clusters.
AI's Debt Wave Hits $570B as Amazon Borrows $17.5B
Morgan Stanley projects $570B in AI-linked global debt issuance for 2026, more than double last year, as Amazon's $17.5B term loan reveals capex now consuming virtually all hyperscaler cash flows.
