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Alibaba backs ‘world models’ as llms hit physical reality limits

Alibaba Cloud has led a $290 million investment in startup ShengShu to advance ‘general world models’ using video and physical data. The move signals a strategic pivot beyond text-based LLMs, targeting applications in robotics, autonomous driving, and digital-physical integration.

China | 3 days ago

Cloud & Data Center

CoreWeave Secures $21 Billion Long-Term AI Infrastructure Agreement Extending Through 2032

CoreWeave has entered a multi-year agreement valued at approximately $21 billion to supply AI cloud capacity through 2032, reflecting intensifying global demand for scalable, high-performance computing infrastructure to support advanced artificial intelligence development and deployment.

3 days ago • United States

Investments & Funding

Airtel secures $1 billion for Nxtra data centers from Alpha Wave Global, Carlyle, Anchorage

Bharti Airtel has raised $1 billion for its data center subsidiary Nxtra from Alpha Wave Global, Carlyle, and Anchorage Capital, with Airtel also participating. The funding will expand Nxtra’s capacity from 300 MW toward a 1 GW target as India’s data center market grows at 21% CAGR through 2030.

3 days ago • India

Power & Utilities

Baker Hughes and Google Cloud partner to optimize power systems for AI data centers

Baker Hughes and Google Cloud have announced a strategic collaboration to develop AI-driven power optimization solutions for the data center sector. By combining turbomachinery expertise with advanced analytics, the partnership aims to manage the surging electricity demands of artificial intelligence infrastructure while enhancing operational sustainability and reliability for global operators.

3 days ago • United States

Cloud & Data Center

RadiusDC expands into Phoenix market with acquisition of phoenixNAP data center campus

RadiusDC has agreed to acquire phoenixNAP's Phoenix colocation business, including an operational facility and development rights for expansion. The transaction adds 8 MW of existing capacity with plans to scale to 26 MW, strengthening RadiusDC's presence in one of the US's fastest-growing data center markets.

3 days ago • United States

AI & Automation

Panasonic expands liquid cooling portfolio in Europe to support rising AI data center power densities

Panasonic has begun taking orders in Europe for new coolant distribution units and free-cooling chillers designed for generative AI data centers. The launch reflects accelerating demand for advanced thermal management as computing power density increases across next-generation AI infrastructure.

3 days ago • Europe

Cloud & Data Center

OpenAI secures $110 billion backing from Amazon, SoftBank and NVIDIA at $730 billion pre-money valuation

OpenAI has raised $110 billion in new funding led by Amazon, SoftBank, and NVIDIA, valuing the AI company at a $730 billion pre-money level. The deal deepens OpenAI’s cloud and enterprise ties with Amazon Web Services and signals intensifying competition for dominance in advanced AI infrastructure and applications.

3 days ago • United States

Latest News

Energy & Power | 2 days ago

EBRD approves USD 65 million for Egypt’s solar-plus-storage infrastructure project

The European Bank for Reconstruction and Development has committed USD 65 million to finance a hybrid 200 MW solar plant and 120 MWh battery storage facility in Aswan, Egypt. This initiative, developed by HAU Energy, marks a critical step in stabilizing the national grid while advancing the country's transition toward a low-carbon energy infrastructure.

Infrastructure | 2 days ago

USACE awards $113.8 million contract to J.F. Brennan for invasive carp deterrents at Brandon road project

The U.S. Army Corps of Engineers has awarded a $113.8 million contract to J.F. Brennan Company for leading-edge invasive carp deterrents as part of the Brandon Road Interbasin Project in Illinois. The award completes Increment I of the ecosystem restoration effort.

Energy & Power | 2 days ago

CoreMarine and Jumbo Offshore win contract for FLNG mooring installation in Argentina

CoreMarine and Jumbo Offshore have secured a contract from Southern Energy S.A. to transport, install, and hook up soft-yoke mooring systems for two FLNG vessels in Golfo San Matías. The project supports Argentina’s gas export expansion, with installations scheduled for 2027 and 2028.

Government & Policy | 2 days ago

NASA awards $76m data science contract to Development Seed for Marshall space flight center

NASA has selected Development Seed for a $76 million indefinite-delivery/indefinite-quantity contract to provide R&D services to the Office of Data Science and Informatics at Marshall Space Flight Center. The contract includes a two-year base period with three one-year options through June 2031.