The Report

KONST Raises $30M Series B for AI Data Center Buildout

KONST raised a $30 million Series B led by ADATA Technology to scale its AI data center buildout across Asia and advance its Token Factory strategy.

GMI Cloud Raises $223M Series B and $445M Credit Facility

GMI Cloud announced $668 million in new financing, comprising $223 million of Series B equity led by ARCHIV and a $445 million credit facility led by CTBC, to expand AI infrastructure.

Gimlet Labs Raises $300M Series B at a $3B Valuation

Gimlet Labs raised a $300 million Series B led by Andreessen Horowitz for its multi-silicon inference cloud, bringing total funding to $392 million.

iPronics Raises $125M Series B for Optical AI Networking

iPronics raised a $125 million Series B co-led by Maverick Silicon and Light Street Capital to scale optical networking for AI data centers.

Silicon Data Raises $30.5M Series A for AI Compute Benchmarks

Silicon Data announced a $30.5 million initial closing of its Series A, led by the Valor Atreides AI Fund, to expand benchmark pricing, SiliconMark and institutional market and alternative data.

Smartbird Appoints Nadia Carlsten President and CEO

Smartbird appointed Nadia Carlsten, previously CEO of DCAI, as president and chief executive officer, replacing Joe Vernachio.

Cast AI Achieves Unicorn Status | Multi-Cloud GPU Orchestration

Cloud infrastructure platform Cast AI reaches unicorn status with strategic investment from SoftBank for multi-cloud GPU orchestration.

Modal Labs Raises $87M Series B | Cloud Infrastructure for AI

Cloud infrastructure startup Modal Labs secures $87 million Series B for serverless GPU compute platform.

Neysa Raises $30 Million in Series A - October 21, 2024