Funding & Valuations
Articles (5)
NVIDIA's $500 Billion Compute-Finance Push Tests a Market Without a Residual-Value History
Rental indices, secondary venues and syndicated credit already exist for GPU compute. What lenders don't have is a residual-value history to underwrite against.
Two Deployment Companies, One Week, and the Same Private Capital
OpenAI and Anthropic stood up deployment companies a week apart in May, both on outside capital, some of it from the same firms already financing the chips.
Four Listings, One Ledger: China's GPU Buildout in Audited Numbers
China's listed GPU pure-plays now have comparable audited numbers: an industry that is real, unprofitable, customer-concentrated, and scaling anyway.
The Incredible Shrinking Qubit Count: What Oratomic's $300M Neutral-Atom Bet Is Wagering On
On paper, the qubits to break RSA-2048 fell from a million to tens of thousands in a year, but the smaller machines trade the saving for weeks of runtime. Oratomic raised $300M to build one.
VAST Data's $30B mark is a bet on the middle layer of AI, not storage
VAST Data closed a $1B Series F at a $30B post-money, 3.3x its 2023 mark and roughly 1.7x Everpure's public cap. Here's what the math and the customer list actually signal.