ai-infrastructure

Nokia will spend about $30 million to grow its Allentown, Pennsylvania test and packaging site up to tenfold, backed by state aid and a federal CHIPS tax credit.

AI inference platform Baseten closed a $1.5 billion Series F at a $13 billion valuation, lifting total funding past $2 billion and underscoring how aggressively venture capital is chasing the infrastructure that serves AI models.

Qualcomm agreed to acquire Modular in an all-stock deal worth about $3.9 billion, expected to close in the second half of 2026.

The vendor-neutral foundation will partner with FinOps to extend the FOCUS billing spec to AI token spend, backed by 12 enterprises.

Google and DDN unveiled a 10x throughput jump for Managed Lustre at Cloud Next 2026, adding a $0.06/GB-month Dynamic tier and showing 75% inference gains via KV-cache sharing.

The New York-based AI infrastructure startup grew annualized revenue fivefold to over $300 million in six months, fueled by the surge in AI-assisted coding.

Amazon's cloud division hit a $150 billion annualized run rate at 28% growth, while AI services crossed $15 billion and custom chips topped $20 billion.

Houston gas-microgrid maker VoltaGrid took $775M in primary and $225M in secondary from Blackstone Tactical Opportunities and Halliburton, and is buying its main supplier Propell to lock in a 7.5 GW order book through 2030.

EdgeCore Digital Infrastructure closed $1.5 billion in senior secured term loans for AS01 and AS02 in Sterling, Virginia, two single-tenant facilities totaling 114 MW and 685,000 square feet, with AS01 going live in November 2026 and AS02 in July 2027.

Q4 FY2026 results, announced May 6, 2026: revenue up 20%, license revenue up 29%, and AGI CPU demand running at twice the previously stated level.

Nvidia receives a five-year option on 30 million IREN shares at $70 each while paying IREN $3.4 billion over five years for Blackwell cloud capacity at Childress, Texas.

Six-company collaboration publishes Multipath Reliable Connection 1.0 through the Open Compute Project on May 6 after production use in OpenAI's Blackwell-class supercomputers at Microsoft Fairwater and Oracle Cloud Infrastructure Abilene.