Neocloud Maturation: IBM/Together AI Deal and CoreWeave Financing

Global AI Pulse

IBM's $240M Together AI deal (400T tokens/month, Nvidia B300, Spectrum-X networking) and CoreWeave's $2.6B oversubscribed financing signal neocloud market growth and GPU-backed financing maturity. Neoclouds challenging hyperscaler dominance.

Sources (3)

Updated Aug 11, 2026

Global AI Pulse

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