AI chip startup Etched raises $120 million to take on Nvidia
Company claims its algorithm-specific chips are significantly faster than Nvidia’s upcoming Blackwell offering
Company claims its algorithm-specific chips are significantly faster than Nvidia’s upcoming Blackwell offering
Project aims to advance quantum networking capabilities
If approved, the company will own 91 percent of ClaroVTR
As Soluna raises $12.5 million for GPU cloud
Secures funding for data center announced in 2022
Money to be partly used to refinance the loan that took it private
Company has raised $120 million to date
An exit could be on the cards
Round was led by UKI2S and Cambridge Enterprise
Company currently operates six cable ships
The long-term infrastructure financing solution provides total debt facilities of €1.26 billion ($1.35bn)
Company spun out of Cobham in 2020
Will open a third cloud region in Madrid with Telefónica España
Unit, which includes HVAC components, changes hands to investment firm
Funds will support development of carbon nanotube-based quantum technology
Confirmed by Elon Musk
Will contribute to three data center campuses in the US State
Says the deal will expand its fiber and 5G network offering
It's been a busy week for the state-owned carrier
IFC, Proparco, and RMB contribute to financing
Recently-launched company acquires data center, plans expansion
Companies have long shared same owners and CEO
Brings total planned investment in cloud computing in Germany to $17.9bn
Largest one-off direct foreign investment in the country