infrastructure

Ara Partners’ new $800M fund will decarbonize old industrial assets

Fundraising /

Plenty of startups hit a wall after their first few rounds of funding, having grown too big for venture funds but still in need of cash. For startups specializing in industrial-scale hardware, which includes many climate tech companies, the problem is especially acute because the capital requirements are so large. Infrastructure funds have long filled […]

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OpenAI and SoftBank are reportedly putting $19B each into Stargate

AI /

We may now know roughly how much money SoftBank and OpenAI are contributing toward Stargate, the massive infrastructure project to build data centers for OpenAI across the U.S. SoftBank and OpenAI each plans to commit $19 billion of capital to Stargate, according to The Information. The two companies would then both own 40% of the

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Microsoft is no longer OpenAI’s exclusive cloud provider

Enterprise /

Microsoft was once the exclusive provider of data center infrastructure for OpenAI to train and run its AI models. No longer. Coinciding with the announcement of Stargate, OpenAI’s massive new AI infrastructure deal with SoftBank, Oracle, and others, Microsoft says it has signed a new agreement with OpenAI that gives it “right of first refusal”

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SUSE launches a cloud observability service

Enterprise /

Luxembourg-based SUSE has long offered various services around its various Linux- and cloud-centric infrastructure and security tools. Yet what the company didn’t really offer before was a more traditional SaaS product. That’s changing now with the early access launch of SUSE Cloud Observability, a fully managed observability platform designed for Rancher-managed multi-cloud Kubernetes clusters. Rancher,

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