DCD Magazine #62 - The coming wave
Will compute at sea sink or swim?
News - The Investment & Markets Channel
The latest news from the AI, data center, telco, chip, and cloud sector
DCD Magazine #62 out now
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DensityAI: Chip startup founded by former Tesla Dojo execs valued at $10bn – report
Company has raised “hundreds of millions” for development of chip with 3D DRAM stacking, report claims
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Keppel, StarHub confirm talks over M1 deal in Singapore
Will the talks lead to consolidation in the market?
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SFR workers in France strike over proposed takeover
Thousands of the company's employees have taken industrial action amid uncertainty over job security
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Microsoft to invest $10bn into Gulf states by 2030
Earmarked for investments across the United Arab Emirates, Saudi Arabia, Qatar, and Kuwait
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Nexstrom raises $12m for post-silicon chip wafers
Singapore-based startup has developed a platform for growing 12-inch single-crystal 2D semiconductor materials
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Airspan snaps up fixed wireless assets from stricken broadband firm Cambium
Company says more than 135 Cambium employees will join its team
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Lithography firm Morphotonics targets data center optical component market after raising €40m
Company’s technology currently used to manufacture displays for AR glasses
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PGIM sells data center development site in Munich
Buyer unnamed
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Applied Materials to invest $5bn to bolster chip ambitions in India over coming decade
Investment will include the establishment of a 140-acre research park
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SharonAI buys former printing press outside Albury, Australia
Company hasn't shared details on plans
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Mitsubishi invests in Japanese optical quantum startup OptQC
Size of investment has not been detailed
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Crusoe raises $3.9bn for AI data center build-out
Nvidia buys in as one of several new investors
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Zettabyte signs MoU with Bowrington Capital for high-density computing deployment
Agreement will look at commercial requirements
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Asp Data Center secures NOK1.6bn to fund data center project in Stavanger, Norway
Company refinances previous agreement
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Magnora joins venture for Estonia data center project
Partners with renewable energy firm Sunly
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UK broadband firm Cambium Networks enters administration
Notice of intention to appoint administrators published last week
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Serverfarm expands North American data center development fund to $3.89 billion
Closes an additional $895 million
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Dutch AI chip startup Euclyd raises $231 million in funding round co-led by Samsung
Former ASML CEO Peter Wennink has also joined as chairman of the board
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Vantage Data Centers raises $2 billion for North American early-stage portfolio development
Adds to $40 billion in financing received this year
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Ciena launches VC fund to back next-gen networking startups
$200 million tranche optical interconnect startup
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Brookfield to acquire a minority interest in American Real Estate Partners
Parent company of PowerHouse Data Centers gets new investor
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Positron AI raises $875m at a $5bn valuation to support develop of next-generation hardware
Financing was raised across two tranches
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Oracle upscales layoffs, expected to increase restructuring costs by $700m
While chairman Larry Ellison ditches plans for stock sale
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Firmus seeks $5bn raise in Australian IPO - report
Targeting an offering in October
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Heca Data plans integrated zone for hyperscale data centers in Egypt
A delegation led by the data center developer’s CEO “voiced interest” in strengthening cooperation with the Egyptian government
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Pentagon in talks to loan Fluidstack $5bn - report
Money would come from Pentagon's Office of Strategic Capital
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Microsoft targets 38GW of data center capacity in 2032 - report
Currently operates ~12GW