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Ornn Closes $33 Million Seed Round Led by a16z Crypto
Svmuu News: Computing power company Ornn announced the completion of a $33 million seed round led by a16z Crypto, with participation from Galaxy Ventures, Nordstar, SV Angel, Vine Ventures, Crucible C
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SpaceX (SPCX.O) Signs Computing Power Agreement with AI Startup Reflection
Svmuu News: According to CNBC, SpaceX (SPCX.O) has signed a computing power agreement with U.S. AI startup Reflection, with the deal valued at up to $6.3 billion. (Jin Shi)
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CITIC Securities: Domestic Models Are Undergoing Rapid Iteration, and the Computing Power Sector Remains Robust
Svmuu News: CITIC Securities believes that as domestic models continue to evolve, GLM-5.2 and Kimi K2.7—with enhanced 1M context, long-range agents, agentic coding, and real-world engineering capabili
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Nansen CEO: AI Infrastructure May Be Priced Differently; the Bubble Will Burst Once Companies Adopt Chinese Models
Svmuu News: Alex Svanevik, CEO of the on-chain analytics platform Nansen, stated that the AI industry bubble may burst once companies begin to effectively utilize Chinese large language models,The U.S
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National Financial Regulatory Administration: Encourages large financial institutions with the necessary capabilities to provide computing power services to small and medium-sized financial institutions
Svmuu News: The National Financial Regulatory Administration has issued guidelines on the secure development and application of artificial intelligence in the banking and insurance sectors. The guidel
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Seven Government Departments: Promote the Opening Up of Computing Resources and Guide Platform Companies to Connect Distributed Computing Resources and Integrate Them into Management Platforms
Svmuu News: Seven government agencies, including the Ministry of Industry and Information Technology, the Cyberspace Administration of China, and the State Administration for Market Regulation, recent
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Jane Street Plans to Build New Data Center to Increase Computing Capacity Tenfold
Svmuu News: As computing power resources become increasingly scarce, Jane Street plans to build its own data center to meet operational expansion needs. The company is in preliminary talks with severa
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Beijing Economic-Technological Development Area holds a space computing enterprise symposium to discuss and plan the construction of a space computing innovation center
Svmuu reports that Wang Lei, Deputy Secretary of the Party Working Committee and Director of the Administrative Committee of the Beijing Economic-Technological Development Area (BDA), chaired a sympos
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The nation's first full-stack green computing AI platform has officially launched
Svmuureported that China's first full-stack AI platform for green computing power has officially launched, filling the gap in regional integrated services for computing power, models, and token tradin
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Aethir officially launches compute delivery for Axe Compute's $260 million B300 cluster, with first payment of $43 million already received
Svmuu News: Axe Compute (NASDAQ: AGPU) has announced that the underlying infrastructure provider for its $260 million enterprise-level contract is Aethir, a globally distributed GPU infrastructure net
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OpenAI to Spend $750 Billion on Compute by 2030, a 25% Increase from Earlier Estimates, Still Faces Capacity Shortfall
OpenAI to Spend $750 Billion on Compute by 2030, a 25% Increase from Earlier Estimates, Still Faces Capacity Shortfall
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China's Ministry of Industry and Information Technology (MIIT) released its "15th Five-Year Plan," targeting smart computing power to reach 9,800 EFLOPS by 2030, with information and communication industry revenue hitting 4.1 trillion yuan.
China's Ministry of Industry and Information Technology recently issued the "15th Five-Year Plan for the Development of the Information and Communications Industry." The plan proposes that by 2030, Ch
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Anthropic spent $517 billion in the past 11 months to secure at least 14.8 GW of hashrate, with revenue exceeding OpenAI but hashrate reserves still falling short of its target.
According to The Information on September 6, Anthropic has intensively signed computing power agreements since October last year, with a total potential expenditure of up to $517 billion, securing at
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Moody's Ratings Report: Chinese AI giants are "punching above their weight" in the computing power race, with lower domestic costs and state support enabling them to achieve significantly more computing power per dollar than their US counterparts.
Moody's Ratings Report: Chinese AI giants are "punching above their weight" in the computing power race, with lower domestic costs and state support enabling them to achieve significantly more computi
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Guojin Securities Report: The profit center of China's computing power industry is shifting from hardware manufacturers to scheduling operators and application service providers, and the billing logic is moving from "selling cabinets" to "selling tokens."
Guojin Securities, in its latest industry research report, points out that with the national integrated computing power network being elevated to a national-level infrastructure, China's computing pow
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Gavin Baker, a renowned tech investor, states that the real risk in the AI industry is under-building, not over-building, due to severely underestimated demand and limited supply.
Baker noted in a recent a16z podcast that he found no deteriorating quantitative data points during his industry visits, and that the AI industry's fundamentals continued to accelerate in July and Aug
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Zhongtai Securities Research Report: The explosion of AI inference demand accelerates the evolution of hashrate interconnection, reallocating industry chain value towards NPO and CPO and other segments.
Wang Fang and Sun Yuewen, analysts at Zhongtai Securities, released a research report on August 29, stating that the demand for AI inference tokens is expected to grow by over 300 times within two yea
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India's AM Intelligence Orders 9,000 NVIDIA Vera Rubin Systems
Indian AI infrastructure company AM Intelligence announced it has signed a binding contract to order 9,000 NVIDIA Vera Rubin systems, becoming one of the first purchasers of this top-tier computing pl
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NVIDIA invests $1.5 billion to build hashrate parks in partnership with SB Energy, OpenAI secures 20-year lease
NVIDIA announced on August 17 an agreement with SB Energy to build the PORTS-Pike hashrate park in Ohio, with OpenAI holding a 20-year lease for the park, and NVIDIA will be the sole hashrate provider
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NVIDIA and OpenAI Reach $600 Billion hashrate Commitment by 2030, Marking the Largest Single Customer Agreement to Date
NVIDIA management disclosed that OpenAI's existing and planned commitments have reached approximately 12GW, scalable to 16GW of NVIDIA hashrate, corresponding to cumulative revenue of about $600 billi
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Northeast Securities Analyst: The profit distribution pattern of the China-US AI industry chain is being reshaped, with upstream hashrate realizing scarce dividends and midstream models becoming commoditized.
Song Xinzhu, an analyst at Northeast Securities, pointed out in her analysis of the Token economy industry chain that the mismatch between the rapid increase in large model hashrate and the slow monet
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Amazon AWS is facing a CPU shortage, as the popularization of AI Agents has led to a surge in hashrate demand, requiring internal engineers to wait several days to obtain resources.
According to tech media The Information on August 7, Amazon Web Services (AWS) executives convened an engineering meeting in May this year, demanding that they do everything possible to save hashrate
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Demand for Kimi K3 has far exceeded expectations; new subscriptions have been suspended and computing power is being expanded.
Svmuu News: Kimi posted on X stating that the market response to the K3 launch has far exceeded expectations, and user demand over the past 48 hours has approached the upper limit of the platform’s cu
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Paul Chan: Hong Kong Will Be Able to Provide Approximately 180,000 PFLOPS of Computing Power by 2032; AI Development Has Entered the System-Level Planning Phase
Svmuu News: Hong Kong Financial Secretary Paul Chan published a column in which he noted that artificial intelligence is being applied at various levels, including embodied intelligence—which extends
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Meta Platforms is in talks with Anthropic regarding a $10 billion computing power leasing agreement
Svmuu News: Meta Platforms (META.O) is in talks with Anthropic regarding a computing power leasing agreement; the deal could be worth up to $10 billion and last for two years. (The New York Times)
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Nebius Sells Over $1 Billion in Computing Power to AI Startup Reflection AI
Svmuu News: Cloud computing service provider Nebius Group announced that it has reached an agreement with AI model developer Reflection AI to sell it more than $1 billion worth of computing power. Acc
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Zhipu Plans to Develop Its Own AI Chips and Has Already Approached Chip Manufacturers to Accelerate Efforts to Address Its Computing Power Shortfall
Svmuu News: Sources familiar with the matter revealed that Zhipu is evaluating the possibility of designing its own AI chips to address the rapidly growing demand for its GLM series of open-source lar
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Did Meta “Drag Down” Tech Stocks? Industry Insiders: The Notion of Excess Computing Power Is a Misinterpretation
Svmuu News: A-share tech stocks plummeted, with sectors such as semiconductors, computing power hardware, and memory chips seeing particularly sharp declines. Taking the “Dual Innovation Boards”—which
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NVIDIA Launching a new partnership model for AI infrastructure to drive computing power development with AI cloud providers through a revenue-sharing mechanism
Svmuu News NVIDIA announced on July 1 (local time) the launch of a new AI infrastructure partnership model. Through revenue-sharing and credit support mechanisms, it will collaborate with AI cloud ser
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Serenity: Meta Is Not Cutting Capital Expenditures Due to "Overcapacity"; Computing Power Remains Limited at Present
Svmuu News: Serenity, known as the “White-Haired Stock Guru,” posted on X stating that reports claiming Meta cut capital expenditures due to “overbuilding” are highly misleading. Meta only sells compu
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Hive Digital will raise $100 million through a bond offering and has signed a letter of intent to deploy approximately 10,000 NVIDIA GPUs
Svmuu News Bitcoin Mining company and data center operator Hive Digital Technologies announced that it will raise $100 million through the issuance of zero-coupon exchangeable senior notes maturing in
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Over the past 30 days, the price of computing power has fallen by 18.34%.
Svmuu News reported that Bitcoin News posted on X, stating that the price of hashrate has fallen by 18.34% over the past 30 days.
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Due to a shortage of computing power, Google. has restricted Meta's use of the Gemini AI model
Svmuu News: According to the Financial Times, Google has imposed limits on Meta’s use of its Gemini AI model, as Meta’s computing power requirements exceed what Google can provide.The report states th
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Cloud computing startup Runpod raises $100 million in funding
Svmuu News: Cloud computing startup Runpod announced that it has secured $100 million in funding and stated that it has rejected multiple acquisition offers. Specific details about the investors have
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