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  1. Huxiu

    Fluidstack Completes $1.5 Billion Financing at a Valuation of $18 Billion

    AI infrastructure company Fluidstack has completed $1.5 billion in financing at a post-money valuation of $18 billion, led by quantitative trading giant Jane Street, with its valuation rising from $7.5 billion to $18 billion within 60 days. Its core asset is a multi-billion-dollar compute contract signed with Anthropic, and it is participating in Anthropic's plan to deploy up to 1 million Google TPUs, becoming the first publicly disclosed TPU data center operator other than Google. The article points out that this circular financing, in which the funder simultaneously acts as customer and guarantor, carries systemic risk, and that Fluidstack's revenue is highly concentrated in a single customer such as Anthropic.

    AI infrastructure company Fluidstack has completed $1.5 billion in financing at a post-money valuation of $18 billion, led by quantitative trading giant Jane Street, with its valuation rising from $7.5 billion to $18 billion within 60 days. Its core asset is a multi-billion-dollar compute contract signed with Anthropic, and it is participating in Anthropic's plan to deploy up to 1 million Google TPUs, becoming the first publicly disclosed TPU data center operator other than Google. The article p

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    #hot-signal#Industry news#English text is being prepared.#English text is being prepared.

Friday

  2. TechCrunch AI

    Oracle Issues Force Majeure Notice for New Mexico Stargate Data Center

    Oracle has issued a force majeure notice to the developer of Project Jupiter, the Stargate data center campus located in New Mexico, Bloomberg first reported on Thursday. The notice is not an intent to withdraw as the anchor tenant, but rather allows payments to be deferred if the campus misses its 2028 launch target. The campus is designed to carry 2.45 gigawatts and relies on Bloom Energy's gas fuel cells; the Energy Transfer pipeline supplying it has been delayed by nearly six months to February 1, 2027, due to repeated permit denials, and the air quality permit for the fuel cell system is still under review, with the state environmental department required to decide by November 23. Oracle said the project remains on schedule, and Blue Owl Capital said the notice does not change its financial commitment to the multi-year project.

    Oracle has issued a force majeure notice to the developer of Project Jupiter, the Stargate data center campus located in New Mexico, Bloomberg first reported on Thursday. The notice is not an intent to withdraw as the anchor tenant, but rather allows payments to be deferred if the campus misses its 2028 launch target. The campus is designed to carry 2.45 gigawatts and relies on Bloom Energy's gas fuel cells; the Energy Transfer pipeline supplying it has been delayed by nearly six months to Febru

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    #tech-media#Industry news#OpenAI#English text is being prepared.

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  2. Latent Space

    AIUC Completes $40 Million Series A, Launches AIUC-1 Agent Safety Standard and Insurance Program

    AIUC announced the completion of a $40 million Series A funding round, led by Ribbit Capital and First Harmonic, with customers including Cursor, Harvey, Lovable, and ElevenLabs. Its AIUC-1 standard covers agent safety, security, and reliability, requiring thousands of simulated tests each quarter for jailbreaks, hallucinations, and data leaks, with a certification period of about 3 to 10 weeks. ElevenLabs has purchased the first AI agent insurance policy, underwritten with participation from Lloyd's of London, and AIUC's evaluation results are used directly for pricing.

    AIUC announced the completion of a $40 million Series A funding round, led by Ribbit Capital and First Harmonic, with customers including Cursor, Harvey, Lovable, and ElevenLabs. Its AIUC-1 standard covers agent safety, security, and reliability, requiring thousands of simulated tests each quarter for jailbreaks, hallucinations, and data leaks, with a certification period of about 3 to 10 weeks. ElevenLabs has purchased the first AI agent insurance policy, underwritten with participation from Ll

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    #newsletter#Industry news#Agents#Safety / alignment

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