AIPitchBook Newsabout 3 hours ago
Neoclouds Secure Record $6.6 Billion in Funding
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Global VC investment in AI neoclouds reached $6.6 billion across 58 deals this year, marking a 51% increase from last year's $4.4 billion. Nvidia CEO Jensen Huang states capital demand exceeds availability, while London-based Nscale raised a $2 billion Series C in March at a $14.6 billion valuation.
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