The neocloud has signed a multi-year deal with the AI company started by former OpenAI executive Mira Murati as it regroups after the float flop.
Firmus Technologies has signed its first major customer since its failed IPO , locking in a multi-year agreement with Thinking Machines Lab, the artificial intelligence company run by former OpenAI executive Mira Murati.
Under the agreement, Thinking Machines Lab will use Firmus’ infrastructure in Asia to train and deploy its new AI models.
Gift articles to anyone you choose each month when you subscribe.
Compare how 6 other independent news outlets reported on this story.
There are two potential catalysts next week that could either revive or help snuff out the tech recovery.
Nscale’s IPO filing shows $5.5bn in debt. “We will require additional capital to fund our business,” the Anthropic supplier wrote.
Each of the seven co-founders plans to sell exactly the same number of shares in the IPO, which would bring each of them about $250 million in cash at the midpoint of the price range while leaving the group in control of the company.
Anthropic’s public offering is expected to make it one of the world’s most valuable publicly traded companies as soon as next week.
Anthropic’s debut on public markets will be unlike any that’s come before it, in ways that amount to either a once-in-a-generation opportunity — or a massive financial gamble, depending on whom you ask.
AI data centre developer Firmus Technologies has appeared before a parliamentary inquiry and given assurances it will only use diesel generators in times of emergency.
