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Nscale said to seek up to $3.5 billion in financing

Bloomberg reports that London-based AI infrastructure startup Nscale is in talks to raise as much as $3.5 billion ahead of a planned IPO. The proposed financing includes up to $2 billion from Nvidia, according to the report. Nscale is a cloud-computing firm focused on artificial intelligence.
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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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Security
Security

Google issues Chrome update for actively exploited V8 flaw

Google has released an emergency Chrome update for CVE-2026-85046, a high-severity type-confusion vulnerability in the browser's V8 JavaScript and WebAssembly engine, according to Cybersecurity News. The report says Google is awar...

Capital
Capital

Anthropic nears $15 billion revolver ahead of IPO filing

Anthropic is set to finalize an expansion of its revolving credit facility to $15 billion, according to people familiar with the matter cited by Bloomberg. Morgan Stanley is leading the process, with Goldman Sachs, JPMorgan Chase ...

Infrastructure
Infrastructure

Firmus commits $300 million for Australia-US cable capacity

Australian AI cloud firm Firmus will invest $300 million to secure up to 150Tbps of dedicated capacity for 25 years on SubCo's planned APX East submarine cable system. The 16-fiber-pair cable, first announced in January, is inten...

AI
AI

G42 explores majority US ownership to protect chip access

Abu Dhabi-based AI company G42 has held exploratory talks about potentially selling a majority stake to American companies, according to people familiar with the matter. The reported discussions are aimed at securing the company's...

Infrastructure
Infrastructure

Meta brings Kuna AI-optimized data center online

Meta's Kuna, Idaho, data center is now serving traffic, according to the company's data-center development vice president. The facility is Meta's second AI-optimized site to come online and represents an overall investment of $1.2...

Infrastructure Policy
Infrastructure Policy

Russia bans crypto mining in Moscow region through 2032

Russia's government has banned cryptocurrency mining and mining-pool participation in Moscow, the surrounding region and parts of Kursk through the end of 2032 under Government Decree No. 936. The measure is intended to reduce pre...