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Oxide Computer raises $445M to step up data center rack production

Credited to SiliconANGLE · siliconangle.com11h ago

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Data center hardware startup Oxide Computer Inc. today announced that it has raised $445 million in funding.

Returning backer Eclipse Capital led the Series D round. It was joined by AMD Ventures, Riot Ventures, Jane Street, Atreides Management and USIT, which led Oxide’s previous $200 million raise in February.

Oxide sells a data center rack that combines computing, storage and network equipment in a pre-integrated package. It contains 24 hardware modules dubbed sleds. Each sled hosts an up to 144-core central processing unit from Advanced Micro Devices Inc. The CPU has access to about 1.64 terabytes of memory and up to 300 terabytes of flash storage.

Each sled’s core components are supported by a custom chip called the Oxide Server Processor. It’s responsible for optimizing operating temperatures inside the module. Additionally, the chip manages the flow of power and installs firmware updates.

The sleds in an Oxide rack are linked together by two switches. The switches use a custom routing protocol to create a continuously updated map of the rack’s internal network. If the map shows that a networking component is malfunctioning, the switches route traffic around it to avoid slowdowns.

The rack’s storage equipment likewise includes reliability optimizations. It creates three copies of each record and stores them in different flash modules to provide redundancy. In the background, a so-called checksum mechanism searches for any data errors that may have to be resolved.

The sleds, storage equipment and switches draw electricity from two power shelves. Each shelf contains six rectifiers, devices that lower the voltage of incoming current to make it suitable for use by chips. There’s also a modified version of the Oxide Service Processor that tracks power shelf health and energy usage.

Customers can split the hardware inside an Oxide rack into multiple virtual networks. A software company, for example, could create a separate environment for each engineering team. Data traffic between the environments regulated by a built-in firewall.

Original · SiliconANGLE

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Data center hardware startup Oxide Computer Inc. today announced that it has raised $445 million in funding. Returning backer Eclipse Capital led the Series D round. It was joined by AMD Ventures, Riot Ventures, Jane Street, Atreides Management and USIT, which led Oxide’s…

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Capital · United States

OpenAI's $70B Run Rate Meets AI's Infrastructure Challenge

Reading from Taipei Times · Credited to Bloomberg $ · bloomberg.com · 17h ago

OpenAI is expecting to reach or exceed US$70 billion in annualized revenue by the end of the year, according to people familiar with the matter, driven largely by growth in its enterprise business.

The ChatGPT maker’s annualized revenue was roughly US$50 billion at the end of last month, the people said. The figure represents a projection of OpenAI’s yearly sales based on a shorter period.

The company shared the numbers with investors as part of discussions for its latest fundraising effort, said the people, requesting anonymity to discuss private information.

The company is in talks to raise US$30 billion or more at a US$1.4 trillion valuation before the new money, Bloomberg first reported last month.

OpenAI, Anthropic and other AI firms have often touted their annualized revenue as a key growth metric. However, not all companies measure it the same way. Anthropic’s annualized revenue hit US$65 billion by the end of July, Bloomberg News previously reported.

Some outlets reported last month that OpenAI was already projecting nearly US$70 billion in annualized revenue, based on investor estimates.

The Financial Times reported on Thursday that the discrepancy came from OpenAI’s investors attempting to calculate OpenAI’s annualized revenue using the same methods as rival Anthropic PBC, which accounts for sales from cloud providers differently.

On Thursday, tech shares led losses in the S&P 500 after reports that OpenAI’s annualized revenue would be lower than some previous estimates. The NASDAQ 100 fell 1.4 percent. A gauge of chip giants sank 3.4 percent.

While OpenAI has pushed back plans for an initial public offering until at least next year, citing its focus on AI safety efforts, Anthropic is expected to sell shares in an IPO as soon as next month.

OpenAI is in talks with multiple investment funds from the United Arab Emirates, including Abu Dhabi-based MGX, to help anchor its new financing round, Bloomberg has reported.

The company most recently raised a US$122 billion round in March at an US$852 billion valuation, including the money.

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SILICON ISLAND: When asked about geopolitical tensions, Lisa Su said that ‘Taiwan is absolutely critical to the semiconductor supply chain, and very, very critical for AMD’ Advanced Micro Devices Inc (AMD) CEO Lisa Su (蘇姿丰) yesterday said the company plans to “substantially” increase manufacturing capacity next year through its Taiwanese supply chain, particularly with Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), as surging demand for artificial intelligence (AI)-related processors continues to outstrip supply. “It is a very exciting time right now for all kinds of compute, and especially on the CPU [central processing unit] side,” Su said during a visit to Taiwan. “The overall market has increased a lot in 2026, and so we have also increased our own supply and capacity in 2026, but I can

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