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Sources: ByteDance has made preliminary plans to spend ¥160B, or ~$23B, in AI capex in 2026, up from ¥150B in 2025, and has budgeted ~$12.07B for AI processors (Financial Times)

Financial Times : Sources: ByteDance has made preliminary plans to spend ¥160B, or ~$23B, in AI capex in 2026, up from ¥150B in 2025, and...

2 October 2025

London-based "neocloud" startup Nscale closed a $433M pre-Series C SAFE round from Nvidia, Nokia, Dell, and others, after raising a $1.1B Series B on Sept. 25 (John Reynolds/Tech.eu)

John Reynolds / Tech.eu:
London-based “neocloud” startup Nscale closed a $433M pre-Series C SAFE round from Nvidia, Nokia, Dell, and others, after raising a $1.1B Series B on Sept. 25  —  Nscale CEO Josh Payne said he was “overwhelmed” by investor interest.  —  Nscale, the UK-based AI data centre startup …

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