Cloud Computing

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Blackstone CEO Stephen Schwarzman. Eric Lee/Bloomberg via Getty Images.
Dealmaker

Blackstone Extends the Data Center Buying Spree

By Valida Pau and Anissa Gardizy · Apr 2, 2026 4:42pm PDT
The AI-driven scramble for compute is still powering red-hot data center acquisitions even as overall technology deals slowed in the first quarter this year. In the latest example, Blackstone, the world’s largest alternative asset manager, agreed to acquire a 49% stake in Rowan Digital Infrastructure, a five-year-old data center developer... The AI-driven scramble for compute is still powering red-hot data center acquisitions even as...
OpenRouter CEO Alex Atallah
Exclusive

Startup That Helps Developers Pick AI Models Nears $1.3 Billion Valuation

By Julia Hornstein, Stephanie Palazzolo and Kevin McLaughlin · Apr 1, 2026 8:24am PDT · 1 comment
As more AI apps and agents shift to using multiple AI models, startups that help developers choose the right ones are gaining traction. In the latest example, OpenRouter, which helps AI app developers access hundreds of models from a single application programming interface, is in talks to raise $120 million in new funding led by one of Alphabet... As more AI apps and agents shift to using multiple AI models, startups that help developers...
OpenAI CEO Sam Altman. Anna Moneymaker/Getty Images.
The Briefing

OpenAI’s Fundraising; The (Dismal) IPO Class of 2021

By Martin Peers · Mar 31, 2026 5:00pm PDT
Happy days are here again! Stocks have rallied, thanks to upbeat headlines concerning the Iran war. Don’t get too comfortable—things are likely to change quickly. In fact, the Iranians are threatening to attack U.S. tech facilities in the Middle East. Meanwhile, we got news today on a variety of fronts concerning Microsoft, Nvidia and Anthropic... Happy days are here again! Stocks have rallied, thanks to upbeat headlines concerning the Iran...
Photo via CoreWeave/Facebook
Exclusive

Cloud Computing Startup CoreWeave Prepares for 2025 IPO

By Cory Weinberg · May 29, 2024 10:38am PDT
Cloud computing startup CoreWeave, one of the biggest beneficiaries of the artificial intelligence boom, has been on a fundraising spree over the past year from some of the deepest pockets on Wall Street. Now it’s planning an initial public offering. The startup has started early preparations to go public by the first half of next... Cloud computing startup CoreWeave, one of the biggest beneficiaries of the artificial...