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AI Cloud Comp
2026-09-04 18:32:33

AI Cloud Firm Nscale Seeks $3.5B Pre-IPO Fundraising, Including Nvidia Support

AI cloud computing company Nscale is seeking up to $3.5 billion in pre-IPO fundraising, including $1.5 billion in convertible bonds and approximately $2 billion from Nvidia. Third Point, led by Daniel Loeb, is expected to lead the convertible bond investment, with Goldman Sachs involved in arranging the financing. The London-based firm plans to follow with an IPO that could raise about $3 billion. Nscale reports a total contract value of approximately $10.3 billion, including a $45 billion computing supply agreement with Anthropic. The company projects annual revenue of around $18.1 billion and adjusted EBITDA of about $13.6 billion, though it emphasizes these are illustrative estimates, not formal guidance. Nscale is building a large data center campus in Norway for Microsoft and has a major project in West Virginia, USA. It has already purchased approximately 194,000 Nvidia Vera Rubin GPUs.

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AI Cloud Firm Nscale Seeks $3.5B Pre-IPO Fundraising, Including Nvidia Support
CoreWeave
2026-08-22 18:34:48

CoreWeave CEO sells more than 13,000 shares for about $1.2 million

CoreWeave Chief Executive Officer Michael Intrator recently sold more than 13,000 shares of the AI cloud computing company, with the sale valued at about $1.2 million. The insider stock sale came as competition in AI infrastructure has intensified and the sector remains capital-intensive. Techub carried the item and cited Crypto Briefing as the source. The report did not provide a more specific date for the transaction, nor did it disclose additional details on the exact number of shares beyond the stated figure of more than 13,000.

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CoreWeave CEO sells more than 13,000 shares for about $1.2 million
Bitdeer
2026-08-20 13:18:02

Bitdeer signs $400 million AI cloud deal tied to Malaysia A102 facility

Bitdeer said its AI unit, Bitdeer AI, has signed a five-year customer agreement tied to about half of the capacity at its A102 facility in Malaysia before the site is energized. The company said the contract, signed with an undisclosed customer it described as having high credit quality, is expected to generate about $400 million in total revenue. Bitdeer expects service to begin in the first quarter of 2027, when revenue and related costs will start to be recognized. The company is aiming to build 350 megawatts of AI cloud data center capacity by the first quarter of 2028. The agreement adds to Bitdeer’s push beyond Bitcoin mining into AI infrastructure and high-performance computing. Earlier in August, the company signed a 16-year lease worth $4.7 billion for 121 megawatts of AI computing capacity in Norway. Yahoo Finance data showed Bitdeer shares rose 7% on Wednesday and were up nearly 6% in premarket trading on Thursday, reaching $10.2 as of 12:16 pm UTC.

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Bitdeer signs $400 million AI cloud deal tied to Malaysia A102 facility