compute

Drax, Brookfield and Radiant plan a GW-scale AI data centre at Drax Power Station. The £20bn is Brookfield's estimate of potential investment including chips. Phase 1 is 100MW, still needs planning, a tenant and final investment decisions.

Generative-media inference host fal raised a $1.3B Series F led by Bessemer at a reported $16B valuation, double April's. Its CEO says the reason is compute: it had to rate-limit customers this summer.

Between October 26 and 29, Broadcom backstopped up to $43 billion of a $63 billion vehicle that buys its chips for Anthropic, Nvidia and AMD put $4 billion into Meta's stock sale, and Nvidia was reported in talks to guarantee Nscale debt for an Anthropic site.