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A crypto miner became Europe’s most valuable AI startup in two years. Now it is spending $812 million to prove the model scales.

Two years ago, Nscale was a cryptocurrency mining operation. On Tuesday, the company announced €695 million ($812 million) in new infrastructure investment in Portugal, an expansion of its partnership with Microsoft that will deliver more than 66,000 Nvidia Rubin GPUs to a site with 1.2 gigawatts of permitted capacity. Nscale is now valued at $14.6 […]

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A crypto miner became Europe’s most valuable AI startup in two years. Now it is spending $812 million to prove the model scales. Read More »

Anthropic signs biggest compute deal yet with Google and Broadcom as revenue run rate hits $30bn

In short: Anthropic has agreed to access approximately 3.5 gigawatts of next-generation Google TPU compute capacity via Broadcom from 2027, its largest infrastructure commitment to date — while simultaneously disclosing that its revenue run rate has surpassed $30bn, more than tripling from roughly $9bn at the end of 2025. Anthropic has announced it is securing multiple […]

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The open-source AI red-teaming tool used by Fortune 500 companies is now part of OpenAI

The acquisition of Promptfoo, which counts more than 125,000 developers and 30-plus Fortune 500 companies among its users, is OpenAI’s most direct move yet into AI application security. Its technology will go into Frontier, the company’s enterprise agent platform launched just a month ago. When Ian Webster was leading the LLM engineering team at Discord, […]

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