TSMC Struggles to Meet AI Chip Demand Despite US Expansion

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.

Anthropic has signed a $35 billion compute capacity deal with Lambda Labs, an Nvidia-backed cloud provider. Nvidia will supply the chips for the data center providing the capacity and hold a stake in the arrangement. The deal underscores the critical role of GPU supply and cloud infrastructure partnerships in scaling large language model development.

Reframe Systems, a Massachusetts-based startup using industrial robot arms to manufacture modular homes, raised $40 million in Series A extension funding. The company assembles prefabricated house components in a factory before shipping and assembling them on-site, with its first customer set to receive keys within the next month or two. The funding round reflects growing interest in robotics-driven construction as an alternative to traditional building methods.