SK Telecom Unveils AI Pyramid Strategy Aiming to Become a Global AI Powerhouse


Data center developer Crusoe completed a $3 billion funding round, with a valuation of $30 billion, led by Atreides Management and Valor Equity Partners, with Mubadala Capital participating. Its clients include Meta, Microsoft, and OpenAI. Recently, it also signed a $1.3 billion five-year cloud service contract to provide GPU and AI infrastructure for quantitative trading company Jane Street.
Data center developer Crusoe has completed a new $3 billion funding round, bringing its valuation to $30 billion. Its clients include Meta, Microsoft, and OpenAI. The round was led by Atreides Management and Valor Equity Partners, with Mubadala Capital participating. Just 10 months since its last funding round, the valuation has tripled from $10 billion.
Nvidia and MediaTek deepen partnership in AI infrastructure, on-device AI and automotive to build next-gen AI compute platforms. Nvidia invests $3.5B in MediaTek convertible bonds. MediaTek will adopt NVLink Fusion to provide custom XPUs for hyperscalers/cloud providers, linking to Nvidia AI factories.....
Payment giant Stripe is reportedly planning to acquire AI gateway startup OpenRouter for over $7 billion. The company provides model routing services, helping enterprises flexibly choose AI models based on tasks and budgets. It completed a $113 million Series B funding round in May this year. This move highlights the increasing热度 in the AI infrastructure sector and the acceleration of major players' strategies.
An AI-themed hedge fund founded by former OpenAI researcher under 25 suffered a major drawdown due to an AI infrastructure sector correction. It sold most of its stock holdings to Citadel, shrinking AUM from ~$20B to $10B, signaling a cooling phase for AI infrastructure investment.....