AI infrastructure and cloud services provider
Appears in 2 stories · Last updated Nov 7, 2026
Anchor customer at NC-1; 35 of 40 MW operational as of Nov. 3
WhiteFiber raised $310 million in convertible notes in August 2026, using $118.5 million to retire earlier debt and the rest for GPU servers and working capital. The money supports a 10-year, 40 megawatt (MW) contract with Nscale at its NC-1 campus in Madison, North Carolina, worth about $865 million.
Updated 4 days ago
Secures Europe's largest VC round amid global AI compute race
The four largest cloud providers—Microsoft, Meta, Alphabet, and Amazon—are planning up to $725 billion in combined AI infrastructure spending for 2026, up sharply from $410 billion in 2025, and all four reported first-quarter results on April 29, 2026. Microsoft delivered the clearest signal: $77.7 billion in revenue (up 18% year-over-year), Azure cloud growth of 40% (above its 37% guidance), and earnings per share of $4.13 versus analyst estimates of $3.67.
Updated Oct 29
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