Xcimer secures agreement for up to $30.5 million in DOE funding
Xcimer Energy says it has finalized an agreement for up to $30.5 million in additional funding through the Department of Energy's Milestone-Based Fusion Development Program. The October 6 announcement covers the program's second b...
SpaceX seeks $40 billion financing to buy Nvidia chips
SpaceX is seeking to raise $40 billion in financing led by Apollo Global Management to buy Nvidia chips, the Financial Times reported. The proposed financing would fund chip purchases; the report describes a fundraising effort rat...
ASP Data Center considers Oslo IPO to raise about $100 million
ASP Data Center AS is considering an initial public offering in Oslo that could raise the equivalent of about $100 million, Bloomberg reported, citing people familiar with the matter. The AI infrastructure developer is weighing th...
Lambda seeks up to $4B in financing ahead of planned IPO
AI cloud-computing startup Lambda is raising up to $4B in a round led by Blackstone and Coatue, The Wall Street Journal reports, citing sources. The financing carries a $14.5B pre-money valuation and is described as its final roun...
NASA opens competition to build aerospace power testing laboratory
NASA's Glenn Research Center in Cleveland is seeking Phase 1 proposals to design and build the Aerospace Power Systems Laboratory. The procurement covers a facility for testing and developing power systems, along with associated s...
SREGym reports Jev pipeline passed 76.2% of fault diagnoses
SREGym reports that a Jev-driven pipeline passed 80 of 105 diagnoses across 21 SREGym-Lite faults, with a median diagnosis time of 14.6 seconds. It reports performance close to GPT-5.6 Sol at medium reasoning effort, which passed ...