AI Infrastructure
Anthropic Signs $10B Compute Deal With AI Cloud Startup Volta
Anthropic has reportedly agreed to buy $10 billion of computing capacity from Volta Infra over six years, turning a newly formed cloud infrastructure startup into a major supplier for the Claude developer. The agreement is expected to provide Anthropic with capacity from a data center in Norway built around Nvidia’s next-generation Vera Rubin systems. Reports […]
Valar Atomics Raises $1B Series B Led by Sequoia Capital
Valar Atomics has raised a $1 billion Series B led by Sequoia Capital to move its nuclear reactor platform from demonstration into mass production. The company also secured a $200 million credit facility led by Erebor Bank, alongside J.P. Morgan, Crescent Cove and Hercules Capital. Sequoia partner Shaun Maguire will join Valar Atomics’ board. Other […]
OLIX Secures $312M at a $3.3B Valuation
AI data centers produce tokens through hundreds of computing operations, yet most systems still ask the same general-purpose processor to handle every stage. London-based OLIX has raised a $312 million Series B at a $3.3 billion valuation, two years after the company was founded. The financing included Fundomo, Arm and Hudson River Trading, alongside angel […]
Meta and BlackRock Form $14B Venture for El Paso AI Campus
AI companies are no longer competing only on models. They are also competing for the land, power, cooling systems and financing required to run them. Meta and BlackRock have formed a strategic venture to develop and own a major data center campus in El Paso, Texas. The facility is already under construction and is expected […]
Multiverse Computing Targets $570M for Efficient AI Expansion
Artificial intelligence companies have spent years improving model performance. The cost of running those models has become a separate challenge. Multiverse Computing is targeting up to $570 million (€500 million) in Series C funding to expand technology that reduces the computing power, energy and hardware needed to deploy AI. The round values the San Sebastián […]
Etched Raises $300M at a $10.3B Valuation to Build Frontier AI Inference Clusters
AI chip company Etched has raised $300 million at a $10.3 billion valuation, led by Sequoia Capital, to build inference clusters designed specifically for the world’s most demanding AI models. Andreessen Horowitz, Jane Street, Diffusion, Argo, and memory maker SK Hynix also joined the round, announced on 23 July 2026. The San Jose company frames […]
Travis Kalanick’s Atoms Raises $1.7B From a16z to Build Industrial AI
Atoms, the new venture from Uber and CloudKitchens founder Travis Kalanick, has raised a $1.7 billion equity investment led by a16z, with Ben Horowitz joining the board, to build Industrial AI for entire economic sectors. The round unites Kalanick’s businesses under a single Atoms equity structure and is backed by a deep bench of equity […]
SkyPilot is turning fragmented AI compute into one managed layer
SkyPilot is out of stealth with SkyPilot Platform, a managed AI compute platform for frontier AI teams, and over $20 million in funding led by Lux. The round includes participation from Amplify Partners, Coatue, Foundation Capital, Race Capital, The House Fund and AI operators including Ali Ghodsi, Jeff Dean, Guillermo Rauch, Amjad Masad and Clem […]
Databricks is raising strategic funding at a $188B valuation
Databricks has signed a term sheet for a strategic funding round at a $188 billion valuation, with the round expected to close later this summer. The company said the round is led by existing investor Coatue and will include additional new and existing investors. Databricks did not disclose the size of the round. The San […]