Maria Deutscher
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Anthropic PBC will raise up to $15 billion in funding from Nvidia Corp. and Microsoft Corp. as part of a partnership the companies announced today. Nvidia is set to provide up to two-thirds of the capital while Microsoft plans to provide the …
AI cloud operator Lambda raises $1.5B+ to build data centers
Artificial intelligence infrastructure startup Lambda Inc. today announced that it has closed a late-stage funding round worth more than $1.5 billion. TWG Global, a holding company led by billionaire investors Thomas Tull and Mark Walter, led the Series E transaction. It was …
Cloudflare outage briefly takes ChatGPT, Claude and other services offline
Cloudflare Inc. experienced an hours-long outage today that took several popular services offline. OpenAI Group PBC’s ChatGPT and Sora were among the impacted applications. Claude, Shopify and the website of New Jersey’s public transportation system reportedly experienced issues as well. The downtime …
Cloudflare acquires AI deployment startup Replicate
Cloudflare Inc. has acquired Replicate Inc., a startup with software that makes it easier to deploy artificial intelligence models in production. The companies announced the transaction today without disclosing its financial terms. Replicate previously raised more than $23 million in funding from …
Financial technology startup Ramp closes $300M investment at $32B valuation
Ramp Business Corp. today announced that it has closed a $300 million funding round at a $32 billion valuation, double what it was worth in June. The raise is the company’s third in five months. Returning investor Lightspeed Venture Partners led the …
Report: Startup co-led by Jeff Bezos raises $6.2B to develop ‘AI for the physical economy’
Jeff Bezos has launched an artificial intelligence startup called Project Prometheus, the New York Times reported today. The company is reportedly backed by $6.2 billion in funding from Bezos and other investors. It’s unclear whom those other investors are, when Project Prometheus …
AWS develops AI agents to speed up AWS ProServe consulting projects
Amazon Web Services Inc. today debuted a set of artificial intelligence agents that will help streamline the work of its professional services group. The group is known as AWS Professional Services, or ProServe for short. It helps customers move legacy workloads to …
Google to spend $40B on data center infrastructure in Texas
Google LLC today announced plans to spend $40 billion through 2027 on a network of data centers in Texas. The company will build three new facilities as part of the project. One will be located in Armstrong County, the other two in …
AI infrastructure startup Firmus raises $327M to build data centers in Australia
Firmus Technologies Pty Ltd., a startup that plans to build a network of artificial intelligence centers in Australia, has raised $327 million from investors. The company announced the funding round today. Reuters reported that the investment included contributions from Nvidia Corp. and …
Quantum software startup Classiq raises new funding from AMD, Qualcomm
Classiq Technologies Ltd., a maker of quantum software development tools, today announced that it has raised “tens of millions of dollars” in new funding. The capital was provided as an extension to a Series C round the company first closed in May. …