Nscale, a British AI infrastructure company founded just two years ago, has said it may go public as early as later this month. Ahead of that expected IPO, the company is reportedly in talks to raise an additional $3.5 billion. Bloomberg reported Friday that the company is looking to sell $1.5 billion in convertible notes
Reflection AI, a US startup vying to develop open models, has signed a $1 billion computing deal with European AI infrastructure company Nebius. Nebius, formerly the international arm of Russian tech giant Yandex, will provide Reflection with access to Nvidia’s latest chips. The deal comes just weeks after the startup signed a similar agreement to
