Topic: capital raising
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NEXTDC launches $2.2 billion expansion plan in Australia
NEXTDC has launched a $2.2 billion capital plan, including a $1.5 billion equity raise, to meet surging demand, with its contracted capacity jumping 60% to 667MW in the March quarter. The funding will accelerate development of its S4 campus in Western Sydney, supported by a deepened partnership w...
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Megaport raises A$827M to build distributed AI cloud for inference
Megaport announced a strategic pivot from a network connectivity provider to an AI cloud provider, securing four AI infrastructure contracts worth A$458.9M and launching an A$827.3M capital raise to fund the transition. The company plans to build a globally distributed AI inference cloud using a ...
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Anthropic Nears $20 Billion Funding Round
Anthropic is nearing a record $20 billion funding round, valuing the company at $350 billion and doubling its initial target, driven by intense industry competition and high computational costs. The funding round is heavily backed by strategic partners like Nvidia and Microsoft, alongside major i...
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Nebius raises $4.5bn in convertible bonds for AI data centres
Nebius Group announced a $4.5 billion convertible bond sale in two tranches ($2.75 billion due 2030, $1.75 billion due 2034) to fund AI data centre expansion, including GPU hardware and its AI cloud platform. The bonds offer low coupons (0-0.5% for 2030 notes, 4-4.5% for 2034 notes), with a $675 ...
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Apple suppliers rush $4bn to Hong Kong in a week
Two major Apple suppliers, Luxshare Precision and Lingyi iTech, are raising billions in Hong Kong IPOs; Luxshare seeks $3 billion while Lingyi secured $1.1 billion after pricing at the top of its range and rejecting over 100 orders. Both companies are channelling the funds into a strategic shift ...
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Nexchip Files for $5B Hong Kong IPO Amid Chip Expansion
Nexchip Semiconductor, China's third-largest foundry, has filed for a Hong Kong IPO to raise billions for expansion, aligning with national policy to build a resilient domestic semiconductor supply chain. The company has completed development of a 28nm logic platform, enabling it to target higher...
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CXMT’s $85B IPO set to become China’s biggest chip listing
ChangXin Memory Technologies (CXMT) has priced its Shanghai IPO at 8.66 yuan per share, expected to raise $8.5 billion, making it the largest listing by a Chinese semiconductor company on a mainland exchange. Founded in 2016 with government support, CXMT specializes in DRAM memory chips and comma...
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Apple supplier Luxshare prices Hong Kong’s largest 2026 IPO at top
Luxshare Precision, a major Apple supplier, is expected to price its Hong Kong IPO at the top of its indicated range of HK$63.28 per share, allowing it to raise approximately $3.1 billion, making it the city's largest IPO so far in 2026. The strong demand reflects continued investor confidence in...
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Databricks CEO: 2026 Is the Year of AI Agents
Databricks CEO Ali Ghodsi declared 2026 "a terrible year to go public" due to an unprecedented market logjam, as SpaceX, Anthropic, and OpenAI prepare to collectively raise over $200 billion from investors, crowding out other tech IPOs. Ghodsi wants to avoid the valuation trap that caught many te...
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AMD raises $4.75bn in record bond sale
AMD raised $4.75 billion in its largest-ever bond offering, using the funds to support AI initiatives while maintaining a strong balance sheet with $13.1 billion in cash versus $3.2 billion in debt. The sale includes four tranches spanning three to ten years, with strong investor demand, and lock...
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Amazon returns to bond market with at least $25B for AI build-out
Amazon is returning to the bond market with a $25 billion debt offering, its largest bond sale of the year, structured across eight tranches with maturities through 2056. The capital raise underscores Amazon's aggressive borrowing to fund massive AI infrastructure investments, including computati...
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CoreWeave’s borrowing costs drop to 7% as AI data centre debt reprices
Applied Digital subsidiary raised $1.59 billion in high-yield bonds at a 7% yield to finance a 150-megawatt data center building for CoreWeave under a 15-year contract. The lower 7% yield, down from 10% in earlier deals, signals growing lender confidence in AI data center debt due to stable long-...
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Defense startup Hadrian raises $1.37B, now valued at $8B
Hadrian closed a $1.37 billion funding round, raising its valuation to $7.87 billion, with investors including WCM Investment Management, Valor Equity Partners, and Baillie Gifford. The company focuses on automated manufacturing of components for existing military equipment rather than developing...
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Crusoe in talks to raise $3B, valuation triples
Crusoe is in talks to raise about $3 billion in a new funding round, which would roughly triple its valuation to around $30 billion. The company has not commented on the report, and no specific terms, deal structure, or lead investors have been disclosed. Crusoe is reportedly in discussions to se...
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