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Infrastructure AI

Nscale filing reveals $5.5B debt and larger Nvidia financing commitment

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. The developer needs more cash and relies more heavily on Nvidia than previously disclosed.
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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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Uber notifies drivers of license data theft through Fireworks AI

Uber is notifying thousands of drivers that their personal and driver's license information was stolen in an October breach at Fireworks AI, TechCrunch reported. Notices filed this week say attackers stole internal credentials from the provider and used them to access Uber data.

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