Fluidstack, a startup that builds specialized data centers for AI companies, is in talks to raise a $1 billion round at an $18 billion valuation, potentially led by Jane Street, Bloomberg reports.

Data center firm Hut 8 has announced the sale of $3.25 billion in investment-grade bonds to fund the development of its 245MW ...

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Coatue, one of the biggest names in venture capital, has a new venture that is reportedly buying land near large power ...

The fully amortizing, non-recourse bond offering funds a 245 MW data center backed by a Google-guaranteed lease, marking the ...

This is the largest deal of its kind to finance the artificial intelligence buildout boom Read more at The Business Times.

Jane Street and Situational Awareness are in discussions to co-lead the round, Bloomberg reports. The Oxford-founded neocloud, which relocated from the UK to the US after landing a $50 billion data ...

A UK data centre start-up has been valued at $7bn (£5.3bn) after raising hundreds of millions of dollars to launch an AI infrastructure building spree across America. Fluidstack, which was founded in ...

Hut 8 (HUT) shares jumped over 16% in premarket trading on Wednesday after the energy infrastructure platform announced a partnership with Anthropic and Fluidstack to accelerate the deployment of ...

Nebius pays $643M for Eigen AI, a 20-person MIT spinout that maximises tokens per GPU. In the neocloud race, inference optimisation is the competitive edge.

Hut 8 Corp. (NASDAQ: HUT) stock rose Wednesday after the company announced a long-term lease agreement that solidifies its position in the fast-growing AI data center market. The company has signed a ...