Tag: $50 billion
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AI startup Discovery Loop seeks around $50 billion valuation, Business Insider reports
Sept 11 : AI startup Discovery Loop is seeking to raise funds again at a valuation of $50 billion, the Business Insider reported on Friday, citing people familiar with the matter.Here are some more details:• Terms of the deal could change, and there is no guarantee Discovery Loop will be able to rai
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Nvidia behind $50 billion lease on Texas data center, FT reports
July 28 : Nvidia has signed leases worth up to $50 billion for Hut 8’s Texas data center, the Financial Times reported on Tuesday, citing five people familiar with the deal.Hut 8 said last week its 1-gigawatt Beacon Point campus had a base-term contract value of $19.6 billion over 15 years, rising to as much
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Baidu’s AI chip unit Kunlunxin targets $50 billion Hong Kong IPO, The Information reports
June 28 : Baidu’s chip unit, Kunlunxin is planning to go public in Hong Kong at a target valuation of $50 billion, The Information reported on Sunday, citing two sources. Reuters could not immediately verify the report.
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