Amazon is structuring a special-purpose vehicle to hold $8 billion in Nvidia Grace Blackwell chips, leasing them back while transferring balance-sheet pressure to outside investors in a model that signals how extreme AI capital costs have become.
Tag: AI infrastructure
Posted inTech
Nvidia’s Hugging Face Openness Pledge Sets Up US-EU Antitrust Fault Line
Nvidia’s pledge to keep Hugging Face hardware-neutral after its $12.93 billion acquisition is shaping how regulators in the US, EU, and UK frame their merger reviews.
Posted inTech
Mistral Closes Europe’s Largest-Ever Tech Round at €21 Billion Valuation
The Paris-based AI lab raised €3 billion in a Samsung-led Series D — the largest equity fundraise ever completed by a European technology company — to fund data centre ownership and global expansion.
Posted inTech
Nvidia Guarantees $105 Billion for OpenAI’s 8-Gigawatt Ohio Data Centre
Nvidia guaranteed $105 billion for OpenAI’s Ohio data centre campus on Monday, finalising a deal that came in $145 billion below early public estimates.
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Stripe Pays Over $7 Billion for OpenRouter, Betting AI Model Routing Becomes Core Infrastructure
Stripe finalised a deal to acquire OpenRouter for more than $7 billion on August 16-17, a 5.4x jump over the AI gateway startup’s May 2026 Series B valuation of $1.3 billion.
Posted inMarkets
Anthropic Eyes $2 Trillion October IPO That Would Eclipse SpaceX as Largest Ever
Six Anthropic investors told the FT the AI lab is targeting $2 trillion in its October IPO, which would be the largest public offering in history.
Posted inTech
Anthropic Signs a $9.1 Billion, 20-Year Data Center Deal with Riot Platforms
Anthropic has secured 191 megawatts of computing capacity from Riot Platforms’ Texas campus under a 20-year lease worth $9.1 billion, as the AI lab races to close a persistent compute gap.