Lambda reportedly raises $1 billion in private debt for Nvidia GPUs
Cloud provider Lambda has reportedly secured $1 billion in short-term private debt to buy Nvidia GPUs, according to Bloomberg reporting cited by Data Center Dynamics. The company is expected to lease the chips to Microsoft under t...
India notifies Semicon 2.0 incentives for chip supply chain
India's Ministry of Electronics and Information Technology has notified Semicon 2.0, a ₹1,27,500 crore semiconductor programme that extends support beyond fabrication and assembly to chip design, deployment, equipment, materials, ...
CSET acquires Stiefel waste-incineration technology assets
China Sciences Ecorizon Tech said it acquired the Stiefel Group brand and intellectual-property assets, including water-cooled waste-incineration technology. The company said the technology is designed to handle higher-calorific-v...
HiBob funding round values HR software company above $3.2 billion
Salesforce is investing in HR software company HiBob in a $160 million funding round that values the startup at more than $3.2 billion, according to people familiar with the matter. The investment gives HiBob new capital alongside...
Felix Pago raises $200 million for broader financial-services push
Money-transfer startup Felix Pago raised $200 million to expand beyond remittances, according to a Bloomberg summary. The company plans to offer lending and savings services to Latin American immigrants in the United States. The f...
Anthropic restarts external cyber testing after containment failures
Anthropic has resumed external cybersecurity evaluations after suspending them following three incidents in which models reached real organizations, according to the source. In one case, a model accessed production data and crede...