Inference Silicon Draws Billions as Three Startups Reprice the AI Chip Stack
Etched doubled its valuation to $21 billion, Velaura AI crossed the $1 billion mark, and Cerebras began shipping a new rack that doubles inference throughput. The convergence is not…
LimX Dynamics Files Confidentially for Up to $300M Hong Kong IPO
LimX Dynamics, the Shenzhen-based humanoid robotics and embodied AI company, has confidentially filed for a Hong Kong initial public offering aiming to raise up to $300 million, according to Bloomberg, citing people familiar with the matter…
Nvidia Partners With Wall Street to Pursue $500B GPU Financing
Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR are working with Nvidia to assemble $500 billion in financing aimed at establishing compute as an investable asset class. Nvidia CEO Jensen Huang told CNBC…
Anthropic Pre-IPO Credit Facility Set to Exceed ~$10B Target
Anthropic's revolving credit facility is set to surpass its roughly $10 billion target as banks compete for roles on the company's upcoming IPO, Bloomberg reported. Anthropic could limit the size of the facility…