gpu-cloud

Lambda is securing up to $4 billion led by Coatue and Blackstone, per WSJ reporting, days after closing a $1.008 billion investment-grade GPU loan.

GMI Cloud says it raised $223 million in Series B equity led by ARCHIV plus a $445 million CTBC-led credit facility to expand GPU and inference capacity in the US, Taiwan and APAC.

British AI neocloud Nscale secures $3.36 billion in convertible financing led by Third Point and Nvidia ahead of an NYSE listing targeting a $35 billion valuation.

Crusoe's oversubscribed round, co-led by Atreides, Mubadala and Valor, funds modular Spark data centers and its Managed Inference platform, which claims to outpace vLLM.

The GPU cloud platform Runpod raised $100 million in a Summit Partners-led Series A that values it at $1 billion, saying it now serves more than one million AI developers.

CoreWeave secures a $21 billion expansion of its Meta partnership through 2032, bringing total commitments to $35.2 billion and reducing customer concentration risk ahead of NVIDIA Vera Rubin deployments.

CoreWeave reports record Q4 revenue but a $452 million loss, while approximately $21 billion in total debt and securities class actions test the viability of GPU-backed financing.