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USD.AI Secures 00M Stablecoin Debt Facility from Bullish to Fund GPU-Backed Infrastructure Loans
Digital asset exchange operator Bullish has committed a $100 million stablecoin-denominated debt facility to USD.AI, an on-chain lending protocol that issues non-recourse debt collateralized by data center GPU hardware. The financing establishes an institutional credit channel connecting liquid stablecoin capital with the expanding compute infrastructure requirements of modern AI training and inference providers. Developed by Permian Labs, USD.AI structures asset-backed credit facilities specif
August 28, 20261 min
Anthropic Agrees to 5 Billion Cloud Deal with Nscale for 460MW of Vera Rubin Compute
Anthropic has finalized a six-year, $45 billion cloud computing agreement with AI infrastructure provider Nscale. Under the terms of the deal, Anthropic will secure approximately 460 megawatts of dedicated computing capacity at Nscale's Monarch data center development in West Virginia, scheduled to come online in late 2027. The deployment will be powered by Nvidia's upcoming Vera Rubin architecture, providing compute bandwidth for next-generation foundation model training and enterprise inferen
August 27, 20261 min
AM Intelligence Orders 9,000 Nvidia Vera Rubin Systems for B AI Infrastructure Project
Indian AI infrastructure platform AM Intelligence (AMI) has placed a binding purchase order for 9,000 Nvidia Vera Rubin computing systems. The procurement represents one of the earliest hyperscale commitments for Nvidia's next-generation Rubin architecture across Asia and anchors an $8 billion capital expenditure initiative to build 1 gigawatt (GW) of dedicated AI computing capacity. The first phase of the deployment will take place at AMI's upcoming data center facility in Hyderabad, India. Th
August 26, 20261 min
SCX.ai Partners With DDN to Scale Australian Sovereign AI Inference Infrastructure
Australian sovereign AI infrastructure provider SCX.ai has entered a strategic partnership with data storage systems vendor DDN to expand its domestic AI inferencing cloud. The collaboration combines SCX's ASIC-based compute clusters with DDN's Infinia data management platform, targeting enterprise, government, and scientific research workloads that must remain strictly within Australian jurisdiction. The agreement comes days after SCX completed a $40 million initial public offering on the Aust
August 25, 20261 min
Taiwan Indicts Nine in B300 AI Server Diversion Scheme to China
Taiwan Indicts Nine in B300 AI Server Diversion Scheme to China Taiwan prosecutors have indicted nine individuals for allegedly circumventing international export controls to smuggle advanced AI servers equipped with Nvidia B300 GPUs into mainland China. The indictment, issued on August 24, 2026, by the Keelung District Prosecutors' Office, details an illicit sales channel that operated by falsifying compliance verifications from within the hardware supply chain. The defendants include a distr
August 24, 20261 min
UK Heterogeneous Compute Startup Callosum Raises 00M Seed Backed by Atomico and Sovereign AI Fund
London-based AI infrastructure startup Callosum has raised $100 million in seed financing to develop systems software that orchestrates machine learning workloads across heterogeneous processor environments. The funding round was led by European venture capital firm Atomico, with participation from Plural and DCVC, alongside a major investment from the UK government's £500 million ($677 million) Sovereign AI Fund. Callosum did not disclose its post-money valuation. Breaking Homogeneous Comput
August 20, 20261 min
DDR5 Memory Prices Climb 500% in 12 Months as AI Hyperscalers Corner Global DRAM Capacity
Spot and contract prices for standard DDR5 dynamic random-access memory (DRAM) have climbed by up to 500 percent over the past 12 months, driven by hyper-scaler procurement teams reserving global semiconductor fabrication lines for enterprise AI accelerator memory. Historical retail and channel tracking data compiled by PCPartPicker and reported by Tom's Hardware highlights severe price spikes across high-density modules. A 128GB DDR5-6400 kit that carried an all-time low of $329 now retails fo
August 19, 20261 min
Velaura AI Raises 10M Series A at B Valuation for Low-Power AI Silicon
Velaura AI Raises $110M Series A at $1B Valuation for Low-Power AI Silicon Velaura AI has closed a $110 million Series A funding round at a valuation exceeding $1 billion. The financing was led by Seligman Ventures, with participation from Capricorn Investment Group alongside existing backers including Samsung Catalyst Fund, StepStone Group, Maverick Silicon, Celesta Capital, and Mayfield. The capital will fund the commercialization and deployment of Velaura's silicon IP and physical design te
August 18, 20261 min