Anthropic valuation growth continues to surprise
Susana Schwartz
Technology Editor
RCRTech
AI Infrastructure Top Stories
Inside Saudi Arabia’s Hexagon DC: The Saudi Data and Artificial Intelligence Authority began building a 480 MW data center in Riyadh that will host over 290 government systems, supporting national data, AI, and digital services.
Marvell acquiring XConn: Marvell is acquiring XConn to strengthen its PCIe, CXL, and UALink switching capabilities, combining electrical and optical interconnect expertise to link processors, memory, and accelerators in large AI systems.
AI and ML critical to “always on” connectivity: CTO Craig Coogan of Access Network Solutions highlights why networks must integrate AI and ML tools to deliver broadband connectivity and always-on applications in homes and businesses.
AI Today: What You Need to Know
Anthropic’s rising valuation: Anthropic is gearing up to raise a fresh $10 billion at a $350 billion valuation, with Coatue Management and GIC, Singapore’s sovereign wealth fund, leading the new round that will nearly double its valuation.
Meta acquisition of Manus: Manus is an autonomous AI agent developed in China, which has caused some U.S. politicians and Chinese regulators to oppose Meta’s $2 billion acquisition of the company, despite its relocation to Singapore.
Nvidia next frontier announced at CES: Nvidia is excited about “physical AI,” promulgating a push beyond AI chips and into robotics and autonomous driving. But so far, investors are less enthusiastic than CEO Jensen Huang.
AI Data Center “terms of engagement”: U.S. Senator Abdul El-Sayed says the starting point for data center projects in Michigan should be “zero utility rate hikes, community transparency,” and other guarantees about water and safety.
Vertiv report on DC innovation: According to the the Vertiv™ Frontiers report, cross-technology forces, including extreme densification are driving transformative trends such as higher voltage DC power architectures and advanced liquid cooling.
Micron to break ground in NY: Micron will break ground on a new facility in Onondaga County New York January 16. The $100 billion facility will include four fabrication plans and is expected to create 9,000 jobs on-site.