QumulusAI secures $45m in convertible notes for AI cloud expansion
Will be used to buy GPUs and expand data center infrastructure
Will be used to buy GPUs and expand data center infrastructure
While AI cloud Verda raises $117m in funding round
Continues seeing progress in infrastructure segment
Company seeks to rezone an adjacent property for future development
Could see DeepSeek valued at $20bn
Wasabi Technologies also raises funds, securing $250m credit facility
Case originally filed in 2024
Will be company's first data center in the state
Company linked to project earlier this month after Fire Department rescued worker from data center roof
Will invest $289m in the project
Could invest a further $20bn in the AI company
Google raises $5.7bn of total
Development continues despite opposition
The campus will form a cluster of hundreds of thousands of GB200 GPUs
Round led by Touring Capital and Kindred Ventures
Company also makes $1bn equity investment in cloud provider
Company already has a significant presence in the area
Data center set for 49-acre plot near Taloja
Company is turning to pre-fabricated data centers
Part of previously announced $19bn investment in the country
Includes developments in Warren County, Hinds County, and Madison County
CoreWeave also raising another $4.25bn in convertible and senior notes
Hot cloud company acquires cloud business from Seagate Technology
Company also rebrands from "Kluisz"