Business & Industry

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.

An NBER working paper infers investor expectations from stock moves: AI is priced as a permanent 32.6% software engineering productivity gain through 2025, with expectations more than doubling by mid-2026.

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.

ClickHouse acquired security data platform RunReveal, folding in-house the expertise behind a product already built on its own database.

MotherDuck bought Tower Computing Inc., the runtime provider already powering its Flights feature for AI-built data pipelines.

Amazon will acquire the Amsterdam company behind DuckDB, but not the open-source project itself, which stays MIT-licensed under the independent DuckDB Foundation.

Dash0 buys Berlin's Polar Signals to bring CUDA-aware continuous profiling and a new storage engine into its OpenTelemetry-native observability platform.

Scott Wu says Cognition is "not for sale" after Bloomberg reported SpaceX approached the Devin maker days after closing its $60 billion Cursor deal.

SpaceX completed its all-stock acquisition of AI coding tool Cursor on August 14, giving the startup access to SpaceX's GPU fleet.

Blacksmith's valuation jumped nearly tenfold in under a year as demand for validating AI-generated code accelerates CI workloads.