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Formance raises $21M to build the AWS for fintech infrastructure

If you talk to a fintech entrepreneur about their business, chances are they’ll end up talking about ledger issues at some point. A ledger...

This Week in AI: OpenAI gains an invaluable infrastructure advantage

Hiya, folks, welcome to TechCrunch’s regular AI newsletter. If you want this in your inbox every Wednesday, sign up here. OpenAI is making gains at the...

SoftBank veteran hunts for profits in payments infrastructure plumbing

In the summer of 2020, as pandemic-driven volatility gripped markets, SoftBank Group shocked Wall Street with a series of massive options bets on U.S....

AWS says it’ll invest ‘at least’ $11B to expand data center infrastructure in Georgia

On Tuesday, Amazon Web Services (AWS), Amazon’s cloud computing division, said that it plans to invest “at least” $11 billion in Georgia to expand...

Nvidia completes acquisition of AI infrastructure startup Run:ai

Nvidia has completed its acquisition of Run:ai, an Israeli startup that helps manage and optimize AI hardware infrastructure. As part of the merger, Run:ai said...

Google joins $90M investment into Cassava to bolster Africa’s digital infrastructure

With cloud spend continuing to surge, tech companies are scrambling to meet demand for the necessary infrastructure, with the growing need for AI compute...
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