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Oxide Computer raises $445 million in a Series D led by returning backer Eclipse Capital to expand manufacturing capacity. Its rack combines computing, storage, and networking in a pre-integrated package with 24 sleds, each powered by an AMD CPU, alongside features for network reliability, data redundancy, and power management. Oxide says it has scaled manufacturing capacity 20-fold over the past 12 months but still faces demand beyond supply, and plans to develop a sled that can host a graphics card.

Oct 2026 · SiliconANGLENews article

Australian AI data center operator Firmus withdraws its planned IPO, citing market volatility and offering terms that its board says do not reflect the company’s strength and growth outlook. The proposed offering reportedly aimed to raise $5 billion at a valuation of about $30.6 billion. Firmus says it will pursue private-market capital and consider other public and private options; the company also has agreements to supply GPU computing capacity to Meta in Southeast Asia.

Oct 2026 · CNBC TechNews article

Nscale expands its Bellevue office lease to approximately 46,000 rentable square feet, doubling its footprint at The Eight tower. The London-based AI infrastructure company plans to use the space for its primary U.S. engineering hub, which is set to open in January 2027; the initial floor was sized for up to 250 employees, while the company currently has 50 Seattle-area workers.

Oct 2026 · GeekWireNews article

Etched is reviewing early investment offers valuing the AI chip startup at $40 billion to $50 billion, just months after raising $700 million at a $21 billion valuation. The company is developing full AI hardware systems powered by proprietary chips and says it has secured $1 billion in customer orders, including from Jane Street. Potential fundraising terms remain subject to change.

Oct 2026 · TechCrunchNews article