Browsing: NvidiaBacked

based startup Starcloud has raised $250 million in a Series A extension at a $2.3 billion valuation, giving the company fresh capital to develop a new type of computing infrastructure designed to run AI workloads in orbit

Nvidia and a group of major financial firms, including BlackRock, Apollo, Blackstone, Brookfield, Goldman Sachs and KKR, recently signed memorandums of understanding to mobilize over US$500 billion of third-party capital for AI infrastructure, reframing data centers and compute hardware as long-life assets financed through dedicated platforms rather than Nvidia’s balance sheet.

When senior leaders at Nokia (NYSE: NOK) start writing six-figure checks for their own stock, I pay attention. Over the past few months, a handful of Nokia executives and board members have quietly accumulated tens of thousands of shares, even as the stock has already enjoyed a strong run on the back of its artificial…