GlobalFoundries says it broke ground November 13 on a new semiconductor factory in Malta, New York, starting construction of the first of two planned fabs under a U.S.-Japan initiative providing up to $21 billion in funding.
Nscale had $5.5B in debt in September, up from $137.4M in June, Bloomberg reported, citing an amended S-1 filing. Nvidia committed $2B of the data center developer's $3B+ convertible financing; Nscale previously disclosed $1B.
Drogue has raised $20 million to develop floating data centers powered by ocean temperature differences, the startup told TechCrunch. Investors include XYZ Venture Capital, Toyota Ventures and Tamarack Global.
Germany's NeuralSat has secured €2.9 million in pre-seed funding to develop a network that would relay satellite data and process it in orbit. Capnamic Ventures and Bayern Kapital led the round.
Airlines have canceled flights scheduled to depart later Friday following the FAA's nationwide ground stop, and American Airlines expects disruptions for the rest of the day, Ars Technica reported.
A communications issue affecting all US Air Route Traffic Control Centers prompted Friday's nationwide ground stop, Transportation Secretary Sean Duffy said. Departing flights were paused while aircraft already airborne were allowed to land.