#compute
5 stories taggedcompute.
Two-year-old British AI firm Nscale is chasing $3.5 billion before a possible IPO this month
The compute startup, founded in 2024, is in talks to raise $1.5 billion in convertible notes and $2 billion from Nvidia as it eyes a stock market listing.
Wall Street Wants to Turn Nvidia Chips Into a New Asset Class. Here's Why That's Complicated.
Six of the world's biggest financial firms are joining Nvidia to bundle $500 billion in chip financing. The pitch is that GPUs are now investable assets like buildings or bonds. The catch: Nvidia's own CEO said something very different about chip lifespans just last year.
SpaceX AI Revenue Tripled to $2.6 Billion, But the Division Still Lost $1.5 Billion
SpaceX is now a major seller of computing power to AI companies, but its AI arm is burning cash even as the broader company narrows its losses.
Safe Superintelligence and Nvidia Strike a Multi-Billion Dollar Partnership to Scale AI Safety Research
Ilya Sutskever's secretive AI lab is coming out of two years of quiet work with a major compute deal, access to Nvidia's newest chips, and a valuation of $32 billion.
Google Is Building a Chip Designed Specifically for Its Gemini AI
A new processor, codenamed 'Frozen v2', could deliver up to ten times the output per watt of Google's current AI chips. The catch: it only works if Google keeps building Gemini the same way.