SpaceX has signed a binding commitment for a roughly $40 billion AI chip lease with an Apollo-managed lessor. We break down the 8-K filing, how the one-twentieth rent formula works, where Musk’s “closed” claim runs ahead of the filing, the neocloud sell-off and what it means for businesses buying AI compute.
Bengaluru startup Simplismart has raised a $14 million Series B led by Dallas Venture Capital, with Nvidia, Accel, Shastra VC and Micromax taking part. We explain what its inference software does, the InVideo 56% cost claim, its 14-fold revenue growth, the Dynamo tie-up and why Nvidia would back software that uses fewer GPUs.
Kazakhstan AI compute capacity is expanding as the country moves to turn its artificial intelligence ambitions into operational infrastructure. New GPU deployments, data centre construction and partnerships with international technology companies are positioning the country to support larger AI workloads. The latest announcements point to a growing ecosystem rather than a single supercomputer project. Infrastructure […]
Nvidia CEO Jensen Huang is urging German manufacturers to embrace artificial intelligence, arguing that digital technology will not replace the country’s heavy industry. Instead, he says, AI can help Germany modernise the factories, engineering businesses and industrial expertise that have long underpinned its economy. Speaking at an investment conference in Berlin alongside German Chancellor Friedrich […]
Physical AI is becoming one of the most discussed areas of artificial intelligence, with humanoid robots often taking centre stage. Yet the technology’s potential extends far beyond machines designed to look and move like humans. From factory automation to materials science and life sciences, physical AI could transform how businesses manufacture products, conduct experiments, and […]
Nvidia-backed GPU cloud Lambda is raising up to $4 billion at a $14.5 billion pre-money valuation in its last private round before a planned 2027 listing. We break down the $50 billion backlog, the Anthropic concentration, the debt behind the build-out, how Lambda compares with other neoclouds, and what it means for UK compute buyers.
Four TechCrunch Disrupt 2026 sessions, from Together AI, CapitalG and Pathway to Oumi, Nvidia and Ricursive Intelligence, tackle how founders choose between frontier APIs and open-weight models. We explain what open and closed really mean, what Menlo Ventures’ data and current list prices show, and give a five-question framework for deciding what to rent, customise or own.
GMI Cloud’s $668 million round is $223 million of Series B equity led by ARCHIV with NVIDIA participating, plus a $445 million credit facility led by CTBC. We explain why a GPU cloud borrows, compare the split with its 2024 Series A, read the revenue claims closely and place the company among the neoclouds.
GMI Cloud disclosed that its inference platform processes about 4 trillion tokens a week as it announced $668 million in new financing. We convert the figure into tokens per second and per year, compare it with Google, Fireworks and OpenRouter, show why customers overlap, and estimate what the volume could be worth.
President Trump and six technology bosses signed a one-page White House accord on 29 September 2026 promising four layers of controls and audits for frontier systems. We set out the text word for word, who signed and who only came to lunch, what the pledge leaves out, how it compares with the 2023 voluntary commitments, the EU AI Act and California SB 53, and what buyers should ask their suppliers.
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