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The bet against bigger models: Aether AI lands $20mn for causal AI
Most of the AI industry is betting that bigger models mean smarter machines. A new startup is betting the opposite. Aether AI, based in San Diego, has raised a $20mn seed round to chase a different id [...]
The AI compute gap: Enterprises are buying infrastructure faster than they can measure what it costs
Across 107 enterprises, AI infrastructure spending is accelerating well ahead of the ability to see or steer its economics. Most organizations run their AI on a familiar base of hyperscalers and model [...]
FOMO is why enterprises pay for GPUs they don't use — and why prices keep climbing
Enterprises can't fix their GPU waste problem because the fix makes the problem worse. Releasing idle capacity would improve utilization, but the same shortage driving GPU prices up is exactly wh [...]
Meta commits up to $27 billion to Nebius in one of the largest AI infrastructure deals on record
The five-year agreement expands an existing relationship between the two companies and will involve one of the first large-scale deployments of Nvidia’s new Vera Rubin chips. Nebius shares surged 14 [...]
Reflection signs a $1bn AI compute deal with Nebius, its second big capacity grab in a month
Reflection AI has locked in more computing power. The US startup signed an AI compute deal worth more than $1bn with Nebius, the Amsterdam-based cloud provider, according to Bloomberg. The agreement r [...]
5% GPU utilization: The $401 billion AI infrastructure problem enterprises can't keep ignoring
For the last 24 months, one narrative justified every over-provisioned data center and bloated IT budget: the GPU scramble. Silicon was the new oil, and H100s traded like contraband. Reserve capacity [...]
Nebius raised $775 million by borrowing against its GPUs. It has $40 billion more contracts to securitise.
Nebius raised $775 million in its first secured debt facility, borrowing against deployed GPU infrastructure and contracted cash flows from an investment-grade customer. The facility matures on Octobe [...]