Voters reject AI data centers, Shield AI’s $5.3B Echodyne deal, and a Seattle startup’s rare double exit
GeekWireby Todd Bishop
Context: GeekWire's podcast covers Shield AI's $5.3B deal for drone-tracking radar maker Echodyne, voters backing data center limits in 40 of 41 local ballot measures, and a Seattle startup acquired twice.
From GeekWire: On the GeekWire Podcast: Voters backed data center limits in 40 of 41 local ballot measures. Plus Shield AI's $5.3B deal for drone-tracking radar maker Echodyne and a startup that has now been acquired twice.
CesiumAstro, which plans a 737-satellite LEO communications network at two altitudes, raised $730M at a $4.5B+ valuation, bringing its total funding to $1.4B — CesiumAstro raised $730 million in its latest funding round, a cash infusion the Austin-based satellite manufacturer will use …
Crusoe's own update on handing its Wyoming data center campus to Google; TechCrunch says the deal shows how hard massive AI data centers are to develop.
Shield AI agreed to buy the Bill Gates-backed radar maker for up to $5.3B and is raising $2.5B to pay for it, including $1B in new funding at a $28.8B valuation.