Why There’s Another Wave of Neoclouds; AI Data Center Cooling Heats Up

There's a new wave of cloud computing startups raising money and touting landmark AI data center deals.

Nscale is raising billions of dollars to build data centers for OpenAI. Fluidstack is filling its coffers  to support Anthropic’s infrastructure. I expect a handful of other firms, including Moonlite AI, to raise money in the coming weeks, pitching themselves as better places to run AI than the major cloud providers.