Nvidia: massive compute/open-models + GTC ecosystem/Nebius/Korea/Japan/Nscale/Sarvam/Mistral/Rebellions/Starcloud/ScaleOps/Thinking Machines/Cognichip/SambaNova/Together/MatX/Firmus/Aria/Positron/SiFive/CoreWeave/Rapidus/nEye.ai/Upscale/chips surge
Key Questions
What is Nvidia's deal with Thinking Machines?
Nvidia has a ~$50B multi-year deal with Thinking Machines for 1GW compute, involving investments and chip supply. The deal was highlighted by Murati and includes $18B+ in investments.
Has Cerebras Systems filed for an IPO?
Cerebras Systems has filed for a US IPO after a 2024 delay. The company reported $510 million in revenue for 2025.
What is CoreWeave's recent debt financing?
CoreWeave raised $17.5B in debt, increasing its total to $52.5B. This supports its AI infrastructure expansion.
What funding is Upscale AI seeking?
Upscale AI, backed by Tiger Global, is in talks to raise $180-200M at a $2B valuation. This reflects surging interest in AI startups.
What are some other major AI chip investments mentioned?
SiFive raised $400M at $3.65B for RISC-V chips; Firmus $505M at $5.5B in Australia; Rapidus $16.3B. AI chips saw $8.3B YTD investments including Euclyd and Fractile.
Nvidia's ~$50B multi-year Thinking Machines deal (Murati) for 1GW compute, $18B+ investments, chips supply; AI chips $8.3B+ YTD (Euclyd/Fractile/Syenta); Cerebras IPO ($510M rev); CoreWeave $17.5B debt; Upscale/Firmus/SiFive/Rapidus/Positron etc.; sovereign/debt/optics challengers.