WhiteFiber Closes $310M Convertible Notes to Fund Data Center Expansion
WhiteFiber closed an upsized $310.0 million private placement of 5.00% convertible senior notes due 2032 on August 21, 2026, including the initial purchasers' full exercise of a $40.0 million option, the company announced. The AI infrastructure provider received approximately $298.5 million in net proceeds, of which roughly $118.5 million went to fund a concurrent exchange of its existing convertible debt, leaving about $180 million earmarked primarily for data center expansion. The notes carry… [...]
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WhiteFiber Proposes $250M Convertible Senior Notes to Fund Data Center Expansion
WhiteFiber, the AI infrastructure and high-performance computing provider, said on August 18, 2026 that it intends to raise $250 million through a private placement of convertible senior notes due 203 [...]
The AI boom runs on metal. A two-year-old startup just raised $310m to mine it, autonomously, on US soil.
People tell the AI boom as a story about chips and models. Underneath it is metal. Every data centre, chip, power line and robot starts with copper and a handful of other minerals. The United States h [...]
Samsung HW-QS700F soundbar review: Sophisticated design, automatic adjustments
It’s nice to see Samsung offer something new for 2025. For the last few years, the company has been updating existing designs for its annual refreshes, especially its most premium soundbar, the Q990 [...]
Facebook, Instagram and Threads will start testing Community Notes on March 18
Meta will start testing its Community Notes model, with which it's replacing human fact checkers, on Facebook, Instagram and Threads in the US on March 18. Notes won't appear publicly on pos [...]
DeepWay closes $310M in pre-IPO financing as it seeks to take Baidu-backed autonomous electric trucks global
The Hefei-based company, which has delivered 6,400 intelligent electric heavy-duty trucks in China and is targeting a Hong Kong stock market listing, has attracted an Australian superannuation fund am [...]
Robinhood is raising $2 billion in zero-coupon convertible bonds to buy back stock
Robinhood Markets is raising two billion dollars through a sale of convertible senior notes due October 2029, joining a surge of zero-coupon convertible issuance from technology companies betting that [...]
Meta will fund seven new natural gas plants to power its biggest data center yet
Meta will essentially foot the power bill for the $27 billion mega data center it's building in Louisiana. On Friday, the Wall Street Journal reported that the company struck a deal to fund the e [...]