Corporate Deals
3 stories related to this topic, newest first.
medianama.comAnthropic Agrees to $200 Billion Google Cloud Commitment Over Five Years
Anthropic has agreed to spend $200 billion with Google Cloud over five years, accounting for a significant portion of Google's revenue backlog. The deal involves tensor processing units and follows other computing capacity agreements. Alphabet shares rose 2% in extended trading a…
Lauren Hurley / No 10 Downing Street / Wikimedia (OGL 3)Meta Secures $13 Billion Financing for AI Data Center in Texas
Meta Platforms is arranging a debt-led financing deal worth approximately $13 billion to build a large AI data center in El Paso, Texas. The package is backed by Morgan Stanley and JPMorgan Chase, highlighting tech companies' investments in AI infrastructure. This move reflects t…
Burningwormsgolf / Wikimedia (CC0)ASML Leads $2 Billion Funding Round Valuing French AI Startup Mistral at $14 Billion
Paris-based AI company Mistral has secured $2 billion in funding led by ASML, valuing it at $14 billion. The investment highlights Mistral's focus on open-weight AI models amid global concerns over reliance on U.S. and Chinese technology. Cofounders each hold stakes worth $1.8 bi…