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Tag: Scale

27Jan

Nvidia Invests $2B in CoreWeave to Scale US AI Data Centers

Nvidia has invested $2 billion in CoreWeave, becoming the AI infrastructure provider's second-largest shareholder, as the companies expand their ​partnership to boost data center capacity in the United States. The…
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07Jan

xAI Raises $20B in Oversubscribed Series E to Scale AI Models and Compute

Elon Musk's artificial intelligence startup xAI announced Tuesday it raised $20 billion in an upsized Series E funding round, exceeding its $15 billion target as it ramps up development of…
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10Dec

Eli Lilly to Invest $6B in Alabama Plant to Scale Obesity Pill Production

Eli Lilly on Tuesday said it will spend $6 billion to build a manufacturing plant in Huntsville, Alabama, to help boost production of its closely watched experimental obesity pill and…
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