Crusoe CEO cites nearly $4 billion funding, valuation near $31 billion
Crusoe CEO Chase Lochmiller said the AI infrastructure company has nearly $4 billion in fresh funding, lifting its valuation to almost $31 billion. He said the capital will support building data centers, cloud computing, and manag...
Port of Los Angeles reports 120 million cyberattack attempts
The Port of Los Angeles foiled more than 120 million cyberattack attempts in August, according to Bloomberg. The U.S.'s busiest container port for global trade faces a persistent operational threat while navigating shifting tariff...
Mazama Energy raises $135 million Series B for superhot geothermal wells
Geothermal startup Mazama Energy said it raised $135 million in an oversubscribed Series B led by Centaurus Capital and Doerr Capital, with ConocoPhillips, Shell Ventures, Khosla Ventures and Gates Frontier among participants. Th...
Anthropic says Claude optimized 30-plus biomolecular models, open-sources code
Anthropic said in a first-party post that Claude optimized inference for more than 30 open-source models used in biology work, including molecular structure modeling, drug-like molecule design and genetic mutation effect predictio...
CleanSpark plans $2.227B secured notes for Sandersville data center
CleanSpark announced a $2.227 billion senior secured notes offering due 2031 through subsidiary CSDC Finance I LLC, a private placement subject to market conditions. The company said proceeds will fund remaining construction at i...
AWS opens general availability of T8i burstable EC2 instances
Amazon Web Services said burstable EC2 T8i instances are generally available, using custom sixth-generation Intel Xeon Scalable processors (Granite Rapids) that the company said are available only on AWS. AWS said the instances a...