From Tomasz Tunguz: US AI demand grows from 66gw in 2027 while tokens per watt compound 2.9x a year, so the grid only binds if token demand outruns efficiency. Break-even real token growth is ~2.5x a year with no cancellations.
Fal hosts image, video and audio AI models for developers; the new valuation is double its April value. Bessemer led the round, and Nvidia and T. Rowe Price also invested.
Traversal's agents help companies such as American Express and Pepsi troubleshoot site outages.
Applied Compute, an AI infrastructure provider, raised at a $3.25 billion valuation after reaching a revenue milestone.
Hyperbolic lets companies rent AI compute across about 30 neoclouds; Walden Catalyst, Intel CEO Lip-Bu Tan's fund, led the round and total funding is $50M.
Firms such as Jane Street are investing in AI and chip startups and neoclouds, and some are building their own data centers.
Andy Jassy tells Ben Horowitz Amazon expects to spend roughly $220 billion in capex in 2026 and is still leaving AI demand on the table.
