We are thrilled to welcome David Steinbauer as a Partner at Apollonia Capital. David joins us with a remarkable track record of global leadership in frontier technology and infrastructure. Since 2015, he has spearheaded multiple large-scale data center projects around the world, and his journey as a tech entrepreneur began
We’re excited to share that Lambda has raised $480M in Series D funding, co-led by Andra Capital and SGW with participation from new investors Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel (IQT), KHK & Partners, and NVIDIA, among others, as well as strategic investment from Pegatron, Supermicro,
$10.4bn supercomputer will be operational from 2026, company claims (Source: Data Center Dynamics) GPU cloud provider Fluidstack has signed a Memorandum of Understanding with the French government to build an AI supercomputer in the country. The system was announced at the recent AI Action Summit in Paris and, according
(Source: Yahoo Finance) A first-of-its-kind AI bill is winding its way through California, causing infighting between groups of AI pioneers. The AI safety bill, SB 1047, would put more responsibility on any developer spending more than $100 million to build an AI model. The requirements include safety testing, implementing safeguards,
(Source: Yahoo Finance) Amazon (AMZN) is ubiquitous in today’s world, not just for being one of the biggest and most established online marketplaces but also for being among the largest data center providers. What Amazon is far less known for is being the owner and operator of nuclear power
(Source: Datacenter Dynamics) Reportedly seeking a $10bn valuation Honeywell is reportedly considering an IPO for its quantum computing subsidiary Quantinuum, potentially as early as next year. According to a report from Bloomberg, the company has been in discussions with a number of investment banks ahead of a potential float on
CBRE's Global Data Center Trends 2024 analysis sees a continued worldwide power shortage as significantly inhibiting the global data center market’s growth. As we noted in our 2024 forecast, the AI boom is creating a resource-constrained world with ripple effects in pricing and site selection. These trends
A whopping, 50,000 employees have access to JPM's proprietary AI chatbot. An internal memo seen by the FT, says LLM Suite can help employees in the asset & wealth divisions with writing, idea generation and summarising documents. “Think of LLM Suite as a research analyst that can
(Source: Datacenter Dynamics) NTT is reportedly planning a large data center campus outside Frankfurt. Local press report NTT Global Data Centers is in the preliminary planning stages for the construction of a data center campus in the Rhein-Selz Park in Nierstein, some 50km south of Frankfurt. The company is said
(Source: Datacenter Dynamics) Microsoft is adopting direct-to-chip liquid cooling and exploring the potential of microfluidics. In a recent blog detailing the company’s water use and cooling ambitions, Microsoft outlines some of its latest moves to adopt liquid cooling. “To harness the increased efficiency cold plates offer, we’re developing
San Francisco, CA – Apollonia Capital is thrilled to announce a strategic partnership with a Seattle based CSP, Massed Compute, a frontrunner in cloud computing solutions, to spearhead the deployment of a $25 million debt financing facility dedicated to GPU infrastructure. This initiative is set to empower innovations in AI, machine
San Francisco, CA – Apollonia Capital has teamed up with Lambda Labs to facilitate a $800 million Series D equity round, with JP Morgan acting as the placement agent. Apollonia is raising $200 million lead investment to support this significant funding initiative, enhancing Lambda's continued innovation in AI and