Share story
AI Infrastructure

Nscale says additional financing is needed for 2027 Anthropic commitments

Nscale told investors it needs additional financing to fulfil its 2027 Anthropic commitments, the Financial Times reported, citing a filing. The Nvidia-backed cloud provider ordered Nvidia chips for a $45B Anthropic deal. The financing requirement casts doubt on its planned $35B IPO.
Sources
Techmeme
In this story
Anthropic Nvidia
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Security AI
Security AI

OpenAI launches tools for web app testing and automated defense

OpenAI has launched Daybreak Red Team in early access to test web applications for security flaws, The Register reported. It also launched Daybreak Defense Factory to automate finding, validating and fixing flaws, pairing penetration testing with a separate defensive product.

Techmeme
Infrastructure Products
Infrastructure Products

Samsung in talks to acquire data center cooling maker Modine

Samsung Electronics is in talks to acquire Modine Manufacturing, Bloomberg reported, citing people familiar with the matter. Modine makes cooling systems for data centers and has a market value of $5.6B. A deal could come as soon as the coming weeks.

Techmeme
Products
Products

ByteDance plans share buyback of up to $6 billion

ByteDance plans to buy back up to $6 billion of shares from investors at a valuation of about $400 billion, Bloomberg reported, citing people who reviewed the proposal. That valuation represents a 20% increase from a similar program a year ago.

Bloomberg Technology
AI Infrastructure
AI Infrastructure

AWS announces public SGLang support for Trainium chips

Amazon announced public availability of SGLang-Neuron, a plugin that lets developers serve AI models and generate reinforcement learning training outputs on AWS Trainium chips through existing SGLang interfaces.

Artificial Intelligence