Compute
Latest news, analysis, and insights about Compute.
Modal Raises $750M Series D at $15.75B After Crossing $1B Run Rate
Modal raised $750 million in a Series D at a $15.75 billion post-money valuation led by Accel, after crossing $1 billion in annualized run rate. Usage tripled since its Series C five months earlier; sandboxes alone are about a $300 million run-rate product.
NVIDIA Pledges $250M in UK Agentic Safety Compute Over Five Years
NVIDIA announced a $250 million five-year compute donation for UK agentic safety and security research — $50 million in access annually. Majority to the wider community; a share to Oxford BOLD, UCL SOFAIR, and Imperial. Delivery via UK-hosted NVIDIA Cloud Partners, terms TBD.
Microsoft Maia 300: 40% More Tokens per Megawatt, Ships 2027
Microsoft says Azure Maia 300 will deliver 40% more tokens per megawatt than leading GPU-based systems and up to 7x the rack-scale throughput of Maia 200. Production starts in 2027 as Microsoft scales Maia to multi-gigawatt deployments.
Nscale Pre-IPO Convertible: $3.36B Led by Third Point
Nscale Limited announced a $3.36 billion raise via convertible loan notes led by Third Point. The initial tranche is $2.36 billion at closing, plus a $1 billion NVIDIA commitment expected mid-November 2026. The over $103 billion TCV figure is company-reported. No valuation on the primary wire.
Datacloud USA Wednesday: AWS, OpenAI, CoreWeave On Stage
Wednesday, September 2, 2026 at Austin Marriott Downtown. The official agenda puts AWS worldwide energy and OpenAI data-center operations on the Level 5 stage at 10:00 CT, then CoreWeave. Ultrathink found no public transcript at filing.
Datacloud USA Opens in Austin as Power Meets Compute
Datacloud USA 2026 opens this week in Austin: pre-event September 1, main conference September 2–3 at Austin Marriott Downtown, co-located with Metro Connect Fall. The organizer claims 3,000+ senior leaders. The floor is power, capital, fiber, and GPU capacity.