Nebius prices convertible senior notes, US

Nebius has priced a $4 billion upsized private offering of convertible senior notes

Hive commences AI cloud platform operations, Paraguay

Hive Digital Technologies has commenced the operations of its BUZZ AI Cloud platform in Asunción, Paraguay, comprising of live GPU compute nodes

SPAC begins search for digital infra deals

Executives running blank-check company Spartacus Acquisition Corp. II have begun scouring the TMT landscape for a deal

Mereo acquires Data Stream, Xcelerate Networks, US

Mereo has completed the acquisition of Data Stream and Xcelerate Networks

Fidium closes asset-backed securitization, US

Fidium has closed its third fiber securitization transaction consisting of asset-backed term notes totaling around $664.6 million

Retelit secures financing, Italy

Retelit Datacenter has secured a €375 million financing to support its expansion of data centre operations in Italy

Ares hires CIO for digital infrastructure team

Ares Management hired Bill Davis as partner and CIO to the firm’s digital infrastructure team, the asset manager said on LinkedIn yesterday

Nebius strikes up to $27bn deal with Meta, plans PP for f...

Nebius Group has struck a five-year AI infrastructure supply agreement with Meta that could be worth up to $27 billion, as the Nasdaq-listed AI cloud provider separately proposed raising $3.75 billion through a private offering of convertible senior notes to fund its rapid expansion, the company said in a series of announcements