AI
Ahead of US IPO, British AI neocloud Nscale secures $3.36B in convertible financing
The funding, which comes from Third Point, Nvidia, and others, will fuel the company's massive AI data center buildout.
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Neocloud
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Latest on Neocloud
Newest firstAI
Neoclouds like CoreWeave are getting much bigger - and riskier
The mountain of debt funding their expansion is growing rapidly
Technology
Neocloud Lambda secures $1B in debt to buy more chips
Neocloud Lambda has raised $1B in private debt to buy Nvidia AI chips and lease them to Microsoft. It's the latest in a string of loans, underscoring the high…
Markets
Neocloud stocks like CoreWeave are having a moment - and time's running out to cash in
The neoclouds are destined to be "cyclical leasing companies," according to BCA analyst Noah Weisberger, which implies low valuations for the stocks.
AI
Groq raises $350M to fuel its pivot from AI chips to neocloud
Groq raised $350 million at a $3.5 billion valuation as the former AI chipmaker pivots to a neocloud business and expands its Nvidia-powered data center footpr…
Markets
Nebius adds to the excitement around neocloud stocks with upbeat earnings of its own
Investors are reacting positively to earnings results and demand signals from neocloud companies CoreWeave and Nebius.
Technology
SpaceX's Nvidia deal could be bad news for neoclouds like CoreWeave and Nebius, analysts say
Nvidia could bump SpaceX to "the front of the line" when it comes to its limited supply of chips, according to Bernstein.
AI
Nebius stock surges as Nvidia discloses 9.3% stake in neocloud
Nvidia said it would invest $2 billion into Nebius in March.
AI
Iren's stock surges as the neocloud lands $2.8 billion worth of new deals
The AI infrastructure provider is easing anxiety over high data-center build-out costs as it secures new customers and prepayments for chips.
AI
Neocloud Together AI raises $800M, leaps to $8.3B valuation
The AI neocloud provider, which specializes in hosting open source models, last raised at a $3.3 billion valuation in early 2025.
AI
Netris raises $15M Series A from a16z to help AI neoclouds go live faster
Netris provides software that runs on network switches, and offers a platform that helps neocloud operators reduce the time it takes to go live.
Markets
Wall Street is getting bullish on neoclouds. These stocks hold more risk than other AI plays
Neoclouds emerged as stopgaps to address the GPU shortage, but their economics are fragile, McKinsey has warned.
AI
The buzz around AI 'neoclouds' is growing, but investors should tread carefully
"Last year, [neoclouds] were very small, but now it's something that you cannot ignore in terms of size," UBS strategist Sundeep Gantori told CNBC.