NVIDIA eyes $2.5B bet on Mira Murati's AI lab
NVIDIA is in talks to invest $2.5 billion in Thinking Machines Lab, Mira Murati's AI startup, as part of a $5-6B round at a $40B valuation.
NVIDIA is in talks to invest $2.5 billion in Thinking Machines Lab, Mira Murati's AI startup, as part of a $5-6B round at a $40B valuation.
London-based Nscale is raising $3.5B pre-IPO with Nvidia and Third Point, backed by a $103B contract book including a $45B Anthropic deal.
AI infrastructure firm Crusoe closes $3B round at $30B valuation, tripling in 10 months as compute demand surges.
Abu Dhabi AI giant explores selling majority stake to American investors as 270-day chip export exemption nears April 2027 deadline.
DeepSeek plans a 160,000-chip Huawei Ascend 950DT data center in Inner Mongolia — the largest known Ascend cluster ever, and the boldest move yet by a Chinese AI lab to replace NVIDIA hardware.
Moonshot AI, maker of the Kimi chatbot, has confidentially filed for a Hong Kong IPO targeting $3-5 billion at a $50 billion valuation — the third Chinese AI company to list, following Zhipu and MiniMax.
ByteDance is closing in on a $29.6 billion syndicated loan — the largest offshore dollar borrowing by a Chinese private enterprise — as banks oversubscribed the deal by nearly 50%. The funds will fuel up to $70 billion in 2026 AI capex.
Anthropic is closing in on a $15 billion credit facility with Wall Street banks, clearing the way for what could be the largest IPO in history as early as October.