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The bet against bigger models: Aether AI lands $20mn for causal AI
Most of the AI industry is betting that bigger models mean smarter machines. A new startup is betting the opposite. Aether AI, based in San Diego, has raised a $20mn seed round to chase a different id [...]
FOMO is why enterprises pay for GPUs they don't use — and why prices keep climbing
Enterprises can't fix their GPU waste problem because the fix makes the problem worse. Releasing idle capacity would improve utilization, but the same shortage driving GPU prices up is exactly wh [...]
Meta commits up to $27 billion to Nebius in one of the largest AI infrastructure deals on record
The five-year agreement expands an existing relationship between the two companies and will involve one of the first large-scale deployments of Nvidia’s new Vera Rubin chips. Nebius shares surged 14 [...]
Nebius paid $643 million for 20 people because inference is where the money is
Nebius Group, the Dutch cloud computing company that split from Russian internet provider Yandex in 2024, has agreed to acquire Eigen AI for approximately $643 million in stock and cash. The deal, ann [...]
Microsoft has signed a cloud deal with Nebius Group worth up to $19.4 billion through 2031
Microsoft has signed a cloud deal with AI infrastructure provider Nebius Group NV worth up to $19.4 billion, running through 2031.<br /> The article Microsoft has signed a cloud deal with Nebius [...]
Meta signs $27 billion cloud deal with Nebius in one of the largest AI infrastructure bets yet
Meta is spending up to $27 billion on AI infrastructure from Dutch cloud provider Nebius, including one of the first major installations of Nvidia's latest Vera Rubin chips.<br /> The artic [...]
