Skip to main content

Share story

Robotics Infrastructure

Nscale signs $3.5 billion compute deal with Figure

Nscale signs $3.5 billion compute deal with Figure Image: DCD
Nscale signed a multi-year agreement to deploy up to 100,000 Nvidia Vera Rubin GPUs for Figure at the provider's Barstow, Texas, data center. The contract has an initial value of $3.5 billion and is intended to exceed $6 billion over time. Nscale will make a strategic investment in Figure and become its preferred compute provider; Figure says it will use the capacity to train its Helix model.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business. This story was sourced from DCD and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Products Infrastructure
Products Infrastructure

JPMorgan deploys $230 billion in economic security financing

JPMorgan Chase deployed $230 billion of capital in the first year of its decade-long US economic security effort, Bloomberg reports. The financing includes equity and debt across areas including energy independence, defense and ae...

AI Capital
AI Capital

Tenstorrent raises $1.5 billion at $6.2 billion valuation

AI chip startup Tenstorrent has raised $1.5 billion in a funding round that values the company at $6.2 billion, according to a statement provided to Bloomberg News. The financing follows takeover interest in the company earlier th...

Capital AI
Capital AI

Town raises $108m at $1bn valuation for workplace AI assistants

Town announced a $108m Series B on Monday at a $1bn valuation, co-led by Forerunner Ventures and Menlo Ventures. Existing investors a16z and First Round Capital also participated. The startup connects individual AI assistants to ...

Capital AI
Capital AI

AI companion startup Tolan raises $30 million

Tolan has raised another $30 million from investors including Union Square Ventures, Khosla Ventures and Homebrew, TechCrunch reported, citing Upstarts Media. The round doubles the AI companion startup's total funding; its new val...

Capital
Capital

Prism Data raises $20 million for credit risk analytics

Prism Data raised $20 million in Series A funding led by Story Ventures, CEO Jason Rosen told Axios. The company provides credit-scoring data and analytics that use bank transaction data to help lenders assess borrowers' credit ri...

Infrastructure Products
Infrastructure Products

PLD Space begins system-level testing of Miura 5 orbital rocket

PLD Space says it has begun system-level testing of its Miura 5 orbital rocket, with a fully assembled second stage at its Teruel test site in Spain. The stage will undergo a practice countdown using real propellants, followed by ...