Tag: $13 billion
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Japan’s Nippon Life plans $13 billion for data center financing in US, Nikkei Asia reports
Sept 20 : Japan’s Nippon Life Insurance plans to invest 2 trillion yen ($12.75 billion) in infrastructure financing, including the construction of data centers in the United States, Nikkei Asia reported on Sunday.• Nippon Life intends to use the capital through project finance arrangements, under which loan
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Crusoe signs $13 billion AI cloud deal with Jane Street, Bloomberg News reports
Sept 3 : AI data center startup Crusoe has signed a five-year cloud contract with trading firm Jane Street Group valued at around $13 billion, Bloomberg News reported on Thursday, citing people familiar with the matter.Here are more details:• The deal will provide Jane Street clusters of GPUs and oth
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Nvidia to buy Hugging Face for $13 billion in big bet on open AI models
Sept 3 : Nvidia will buy popular developer platform Hugging Face for $12.93 billion, betting that support for open AI models will drive future demand even as its biggest customers develop their own chips to reduce reliance on the semiconductor giant. Shares of the company were slightly higher after the deal o
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Amazon to invest additional $13 billion in India cloud, AI
June 25 : Amazon said on Thursday it will invest an additional $13 billion by 2030 in India to expand its AI and cloud infrastructure.The new investment is in addition to its planned $35 billion funding announced last year, taking the e-commerce firm’s investment in the country to $48 billion through 2030.
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AI startup Baseten hits $13 billion valuation as Australia’s Blackbird makes record bet
SYDNEY, June 23 : Baseten, a California-based artificial intelligence startup co-founded by Australians, said it raised $1.5 billion in a funding round that valued the company at $13 billion, underscoring the surge of capital flowing into AI firms.The round was led by U.S.-based investors Sands Capital and We
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