Nscale to Acquire Anyscale, Maker of the Open-Source Ray Framework
GPU cloud provider Nscale has agreed to buy Anyscale, the startup behind the open-source Ray framework, in a deal reported at roughly $1.65 billion.
Read more →AI Computeand AI in Business
Every AI News story tagged with both AI Compute and AI in Business — the two topics side by side, updated as new articles publish.
8 articles
What Is AI Capex — and Why Is It Draining Big Tech's Cash?
Capital expenditure — capex — is what tech giants spend building AI data centers and chips. Here's what it means when that spending pushes a profitable company's free cash flow negative.
Read more →Alphabet's Free Cash Flow Turns Negative on Record AI Spending
Alphabet posted its first quarterly free-cash-flow deficit as AI spending pushed capital expenditures to a record $44.9 billion, and raised its 2026 capex outlook to $205 billion.
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What Is Circular AI Financing — and Why Are Regulators Worried?
Circular AI financing is the web of equity stakes, loans, and purchase deals linking chipmakers, cloud providers, and AI labs — and central banks now call it a systemic risk.
Read more →Anthropic Recruits Monzo Co-Founder to Tackle Compute Crunch
Monzo co-founder Tom Blomfield is taking leave from Y Combinator to join Anthropic's compute team, as the AI lab races to secure the computing power it needs to keep scaling Claude.
Read more →Meta to Start Producing In-House AI Chip 'Iris' in September
Meta plans to begin manufacturing its in-house "Iris" AI chip in September, aiming to double its data center computing capacity to 14 gigawatts by 2027, an internal memo reviewed by Reuters shows.
Read more →Google Limits Meta's Gemini AI Access Amid Growing Compute Shortage
Google told Meta in March it could not supply the computing capacity Meta had requested for its Gemini AI usage, disrupting internal projects and forcing Meta to push employees toward its own models.
Read more →Reflection AI Locks In $6.3B SpaceX Deal to Build Open Frontier Models
The Google DeepMind spinoff signed a three-year, $6.3 billion computing contract with SpaceX's Colossus data center, giving it the GPU scale needed to challenge closed AI giants with open-weight models.
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