Investors and funding

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Google is investing up to $40 billion in a company that is beating Gemini. That is the point.

Summary: Google is investing up to $40 billion in Anthropic ($10B cash now at $350B valuation, $30B conditional on performance targets) plus five gigawatts of compute over five years, bringing its total commitment to ~$43B. The deal arrives as Anthropic’s revenue hit $30B ARR (up from $1B in January 2025) and its secondary market valuation […]

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Google is investing up to $40 billion in a company that is beating Gemini. That is the point. Read More »

Verda raises $117 million to expand its GPU cloud platform from the Nordics into the US, UK, and Asia

The Helsinki-based company, formerly DataCrunch, is backed by Lifeline Ventures, byFounders, Tesi, Varma, and a group of Nordic lenders. It is already cash-flow positive, holds Nvidia Preferred Partner status, and plans to hire more than 100 people this year. Verda, the Helsinki-based AI cloud infrastructure company formerly known as DataCrunch, has raised $117 million in […]

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Verda raises $117 million to expand its GPU cloud platform from the Nordics into the US, UK, and Asia Read More »

SoftBank wants to borrow $10 billion against its OpenAI stake. The spread tells you what the banks think.

Summary: SoftBank is seeking a $10 billion margin loan backed by its OpenAI shares at SOFR + 425 basis points (~7.88%), a two-year term with one-year extension. The loan sits atop a $40 billion bridge loan from March and brings SoftBank’s total OpenAI commitment to ~$64.6 billion for a ~13% stake. At OpenAI’s $852 billion […]

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SoftBank wants to borrow $10 billion against its OpenAI stake. The spread tells you what the banks think. Read More »

Zapata Quantum raises $15 million after emerging from bankruptcy

The oversubscribed financing, led by Triatomic Capital, caps a restructuring that addressed $18.7 million in debt, converted $10 million of that to equity, and preserved 60-plus patents. The company had been days away from liquidation in late 2024. Zapata Quantum announced on 23 April 2026 that it has completed an oversubscribed $15 million financing led […]

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Zapata Quantum raises $15 million after emerging from bankruptcy Read More »

Norway’s $2.2 trillion sovereign wealth fund posts a 1.9% loss in Q1 2026

The world’s largest sovereign wealth fund lost NOK636 billion ($68 billion) in investment returns in the first quarter, driven by the equity slide among large US technology companies. The S&P 500 posted its deepest quarterly decline since 2022. The fund marginally outperformed its benchmark. Norges Bank Investment Management (NBIM), which manages Norway’s Government Pension Fund […]

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Belfast’s Cloudsmith raises $72M Series C to secure the AI-generated software supply chain

TCV led the Series B one year ago and now doubles down on the Series C. Insight Partners also returns. The thesis: AI coding agents are generating software so fast and at such volume that human code review is no longer sufficient, and enterprise artifact management must function as the primary control and security layer. […]

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Belfast’s Cloudsmith raises $72M Series C to secure the AI-generated software supply chain Read More »

Microsoft commits A$25 billion to Australia by 2029

The investment is Microsoft’s largest-ever in Australia and builds on an A$5 billion commitment from October 2023. It includes expanding Azure AI supercomputing capacity by more than 140%, extending the Microsoft-ASD Cyber-Shield to additional government agencies, and training three million Australians in AI skills by 2028. Microsoft has announced A$25 billion (approximately USD 18 billion) […]

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Bain Capital seeks buyer for stake in Bridge Data Centres at $5 billion valuation

Sources tell Reuters that Bain is looking to sell a stake in BDC, Singapore-headquartered, with nine data centres across Malaysia, Thailand, and India, at a $5 billion valuation. Citi and JPMorgan are running the process. ByteDance is the anchor tenant. No deal has been agreed and talks are preliminary. Bain Capital is seeking a buyer […]

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Bain Capital seeks buyer for stake in Bridge Data Centres at $5 billion valuation Read More »

Decade Energy raises €22M to build power infrastructure for electric truck depots across Europe

The round is split between €16M from Eiffel Investment Group for project deployment and €6M led by SET Ventures for product and expansion, alongside existing investors Ananda Impact Ventures and Contrarian Ventures. The company targets 100MW+ of BESS projects across France, with Germany, the Nordics, and Poland to follow. Decade Energy, the Paris-based company building […]

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Decade Energy raises €22M to build power infrastructure for electric truck depots across Europe Read More »

VAST Data’s $30 billion valuation is a bet that the data layer is the real bottleneck in AI

Summary: VAST Data raised $1 billion in a Series F at a $30 billion valuation, more than tripling from $9.1 billion, with Drive Capital and Access Industries co-leading and Nvidia, Fidelity, and NEA participating. More than $500 million is secondary capital. The company reports $4 billion in cumulative bookings, $500 million-plus in committed ARR, and […]

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VAST Data’s $30 billion valuation is a bet that the data layer is the real bottleneck in AI Read More »

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