Over the past two years, AI model builders OpenAI, Anthropic and Elon Musk’s xAI have raised nearly $40bn between them. Other sizeable investment rounds this week alone included $500mn for Perplexity, an AI-powered search engine, and $333mn for Vultr, part of a new band of companies running specialized cloud data centers to support AI. Cloud … Continue reading AI cloud start-up Vultr valued at $3.5B; Hyperscalers gorge on Nvidia GPUs while AI semiconductor market booms