Yotta Data Services acquires IndiQus Technologies in cloud AI push
Hopes to bolster its sovereign AI and cloud capabilities
Hopes to bolster its sovereign AI and cloud capabilities
Will use Zoniqx's asset tokenization solutions
Also teams up with Anthropic and Palantir to provide AI to US Defense Agencies
Transaction valued at $157.4m
Cloud infrastructure company continues to invest in AI
Company plans to go public in 2025
12-building facility spans 7,680 sq ft
Q3 saw $27.5bn in sales, up 19.1 percent year over year
Funding round was led by Headline Asia
"We're not selling raw GPUs for other people to train"
Blow softened by performance in software business
Company announced $7bn in data center investments during the quarter
Company wants to focus on AI
Company offers on-demand access to compute clusters for AI
Company announced plans to switch to for-profit in September 2024
AustralianSuper to become significant minority owner of DataBank
Credit facility led by Goldman Sachs, JPMorgan, and Morgan Stanley
Asset manager moves into data centers
Struggling IT services company failed to secure agreement for Big Data & Security division
Series 2024 notes receive preliminary rating from KBRA
A jump from $19bn in May
Asking price close to $10 million
Cloud company currently owns 29 percent of chipmaker
Will house 774,000 sq ft data center