SK Hynix Raises Record $26.5B in U.S. IPO

Nvidia is raising prices for its Grace Blackwell and Vera Rubin flagship AI chip systems by approximately 17%, according to server makers. The increase adds to mounting cost pressures facing cloud providers and data center developers, who are already contending with power infrastructure delays and other unexpected expenses. The price hike reflects Nvidia's market position as demand for advanced AI chips remains strong despite the growing cost burden on customers.

Nvidia is in discussions to invest in AI startup Perplexity as part of an equity round valuing the company at over $30 billion, representing a more than 50% increase from its previous funding round a year ago. The investment reflects strengthening business ties between the two companies and comes as Perplexity's annualized revenue has grown to over $750 million from less than $250 million at the start of the year, driven partly by Perplexity Computer, an AI agent for automating professional tasks.

Nvidia has announced a partnership with data center developer Cloverleaf as part of its ongoing investment in data center infrastructure. The move reflects Nvidia's strategy to deepen its presence in the data center market, which has become a major revenue driver as AI workloads surge. The partnership underscores the tight coupling between Nvidia's hardware business and the infrastructure buildout required to support AI applications.

Starcloud has raised $250 million to develop orbital data centers as launch capacity becomes constrained. The funding reflects growing competition for space access and suggests that companies are increasingly willing to invest in infrastructure to secure their position in orbit. The article indicates a broader shift in how space-based computing resources are being developed and allocated.