In a significant move to bolster the United Kingdom’s data capabilities, four major US tech companies—CloudHQ, CyrusOne, CoreWeave, and ServiceNow—announced a massive investment of £6.3 billion in data infrastructure across the UK. This investment, unveiled during the recent International Investment Summit in London, aims to propel the UK into a leadership position for artificial intelligence […]
CoreWeave, a leading AI hyperscaler, has successfully secured a substantial $7.5 billion debt financing facility. This monumental financial endorsement is spearheaded by Blackstone, with noteworthy participation from Magnetar and Coatue. The consortium includes major financial entities such as Carlyle, CDPQ, DigitalBridge Credit, funds managed by BlackRock, Eldridge Industries, and Great Elm Capital Corp. The funding […]
Chai, an innovative AI platform, has announced a significant investment from CoreWeave, the leading specialized GPU cloud provider, placing Chai’s valuation at $450 million. This deal comes on the heels of Chai’s initial fundraising in June 2023, bringing the total capital invested in the company to over $10 million. CoreWeave’s investment underscores Chai’s growing influence […]