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Neocloud Lambda secures $1B in debt to buy more chips

28 August 2026 at 23:24
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 cost of the AI boom.

Valor, Point72 back General Intuition at $6B valuation as AI startup pushes into robotics

24 August 2026 at 18:24
General Intuition, the startup building a foundation model that trains generalized AI agents how to move through space and time, is in talks to raise at a $6 billion pre-money valuation from new investors including Valor Ventures, Point72 Ventures, and Seven Seven Six.
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