SpaceX Files for $75B IPO at $1.77T Valuation

KKR's $10 billion AI infrastructure venture, Helix Digital Infrastructure, has appointed two senior executives to lead critical operations. Jonathan Lin, former chief business officer at Equinix, will oversee data center strategy and execution, while Kleber Costa, previously chief commercial officer of AES's clean energy business, will lead power and energy operations. The hires signal KKR's focus on building out the infrastructure backbone required for large-scale AI deployment.

Wafer, a one-year-old San Francisco startup, raised $40 million in Series A funding led by Marathon Management Partners and Chemistry, achieving a valuation above $200 million. The company uses AI agents to optimize open-source models for specific business workloads across non-Nvidia chips. Wafer has reportedly received acquisition offers and is positioning itself as an alternative inference provider for enterprises seeking to run AI models on diverse hardware.

SoftBank's SB Energy has filed to go public with ambitions to become a neocloud operator, according to regulatory filings. The company currently generates revenue from electricity sales but operates no data center capacity as of the filing date. The IPO filing reveals a significant gap between SB Energy's stated strategic vision and its present operational footprint.

Empirik, a Sequoia-backed startup, launched with $21M in funding to predict IT infrastructure outages before they occur. The company positions itself as applying AI to infrastructure reliability in a way comparable to how Cursor transformed software engineering. The startup aims to help organizations avoid downtime by identifying potential failures in advance.