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AI Infrastructure

Firms tied to Alice Huang reportedly invest in DeepSeek to supply Blackwell chips

Firms tied to Alice Huang recently invested in DeepSeek to forge closer ties and supply Nvidia's Blackwell chips, The Information reported, citing sources. The chips are banned from sale to China. The report links the investment to an effort to supply the restricted hardware.
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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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Capital AI
Capital AI

Norwest raises $4 billion fund targeting AI startups and overlooked sectors

Wells Fargo & Co.-backed Norwest has raised $4 billion for its latest investment fund, Bloomberg reported. The fund will target early-stage AI startups alongside deals in sectors other investors have overlooked. The firm plans to announce the fund Thursday.

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Infrastructure
Infrastructure

Rowan raises about $1.5 billion to advance data center projects

Rowan Digital Infrastructure raised about $1.5 billion in fresh financing from lenders including Citigroup, Bloomberg reported. The Blackstone-backed data center developer is seeking to advance its growing pipeline of projects with the new financing from lenders.

Bloomberg Technology
Robotics Capital
Robotics Capital

UK National Wealth Fund backs $700 million Uforce financing

The UK National Wealth Fund invested in a $700 million financing round for drone startup Uforce, Bloomberg reported. The investment is the fund's largest in defense. Uforce was initially formed in Ukraine, and the fund participated in its financing alongside other investors.

Bloomberg Technology