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Nscale CEO claims more than $100B in contracted revenue

Nscale CEO Josh Payne says the Nvidia-backed data centre group has more than $100B in contracted revenue, the Financial Times reported, citing a memo. Sources also said Nscale still plans to list by the end of 2026 at a $30B-$35B valuation.
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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.
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Infrastructure AI
Infrastructure AI

Nvidia commits $1.1 billion advance for US chip testing expansion

Nvidia announced a $1.1 billion capacity reservation advance to KYEC to support new US semiconductor testing facilities and equipment, with high-volume production targeted for April 2027. The commitment forms part of a broader sup...

AI Infrastructure
AI Infrastructure

Nvidia expands DGX Spark clusters to eight systems

Nvidia says DGX Spark now supports manually configured clusters of up to eight systems, providing 1TB of unified memory for larger models, longer contexts and concurrent AI agents. Small teams can share a cluster while developers ...

Security Infrastructure
Security Infrastructure

Google makes Confidential G4 GPU instances available across 36 zones

Google Cloud made Confidential G4 instances generally available across 36 zones on Compute Engine virtual machines and Google Kubernetes Engine nodes. The instances use Nvidia RTX PRO 6000 Blackwell Server Edition GPUs to protect ...

Science Infrastructure
Science Infrastructure

Nvidia releases cuDSS to move simulation calculations onto GPUs

Nvidia made cuDSS generally available, releasing a library that moves the solution of large sparse systems of equations onto GPUs. Those calculations recur in engineering and scientific simulations and can limit how many designs t...

Infrastructure AI
Infrastructure AI

Video shows Chinese workshops converting RTX 5090 cards for servers

Newly surfaced footage shows Chinese workshops dismantling GeForce RTX 5090 graphics cards and rebuilding their components into designs suited to servers, Tom's Hardware reported. The cards are not officially available in China. ...