Crusoe Energy, a data center developer, has raised $3 billion at a $30 billion valuation, according to reports. The funding round came together after Crusoe secured a $13 billion contract with Jane Street, a quantitative trading firm. Source
Nvidia confirmed it will acquire Hugging Face, a platform for hosting open-source AI models and datasets, for $12.9 billion. Hugging Face hosts over 3 million models and is used by over 18 million developers, according to Nvidia. Source
Accel is reportedly in talks to lead a $1 billion funding round for Thinking Machines at a $40 billion valuation. The artificial intelligence startup has an annual revenue run rate of over $100 million. Source
Meta is offering an explicit discount averaging out to about 95% for users of its new Muse Spark model, an AI system intended for operating coding and other agents, in exchange for access to their prompts and model outputs to inform the development of future models. Source
ChatGPT, Claude, Grok, and Gemini all suffered service interruptions at nearly the same time, though the cause remains unclear. The simultaneous outages across four major AI models represent a rare overlapping service failure in the industry. Source