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WHTop → 📋 News → BlackRock Backs IQM With €50M Ahead of SPAC Market Test
Mar, 2026 : BlackRock Backs IQM With €50M Ahead of SPAC Market Test
📅 - IQM has secured a €50 million financing package from BlackRock-managed funds, handing the Finnish quantum hardware company fresh capital just before its planned merger with Real Asset Acquisition Corp. in the U.S. The timing matters more than the amount: IQM is trying to prove Europe can fund, build, and list a serious quantum player.
IQM, founded in 2018 and based in Finland, is pitching the deal as fuel for its technology roadmap, research effort, and push into more markets. That is the official line. The more interesting point is that the company locked in new financing before stepping into the glare of public markets through its proposed merger with RAAQ.
That sequence is not [...][... Check source for end of article ...]
📅 - DigitalOcean Raises $800M Equity To Fund AI Capacity - DigitalOcean has raised roughly $800 million through a follow-on share offering priced at $77 per share, the company said this week, as it moves to pay down debt and expand data center capacity amid rising demand for AI workloads, with proceeds earmarked for infrastructure and balance sheet restructuring.
The company issued just over 10.3 million shares after filing a shelf registration, increasing its share count while bringing in fresh capital. That trade-off is clear. Less debt. More dilution.
Investors don't always like that equation.
But DigitalOcean isn't operating in a comfortable market. Cloud providers, even smaller ones, are being pulled into an expensive race around AI [...]
📅 - China's DeepSeek Back Online After 13-Hour Outage And Failed Fix - DeepSeek suffered two consecutive outages starting late Sunday in China, leaving its chatbot offline for over 13 hours, the longest disruption since its January 2025 launch, as millions of users across Asia found themselves abruptly cut off from a service many now rely on daily for work, research, and routine tasks.
The incident began at 9:35 p.m. China Standard Time, when DeepSeek reported a bug affecting both web and app chat services. Engineers marked it resolved before midnight. That didn't hold. Less than an hour later, the system failed again.
Fix attempts stretched through the night.
Service wasn't fully restored until 10:33 a.m. Monday. No detailed explanation followed. That [...]
📅 - Starcloud Raises $170M To Build AI Data Centers in Orbit - Starcloud has raised $170 million in a Series A at a $1.1 billion valuation, barely 17 months after its Y Combinator debut, to expand orbital AI data centers as terrestrial energy and permitting delays push compute demand beyond what ground-based infrastructure can realistically handle.
That valuation jump is the headline. It's also the easy part.
The harder question is whether putting GPUs in orbit solves anything at scale, or just moves the problem somewhere far more expensive to fix when things break. Because things will break.
Starcloud says it already proved the concept with its first satellite, launched in November 2025, which carried an NVIDIA H100 and ran AI workloads in orbit. [...]
📅 - Vertiv Buys ThermoKey as AI Heat Problem Grows - Vertiv will acquire Italy's ThermoKey, a heat-exchanger specialist, in a deal aimed squarely at the ugliest bottleneck in AI infrastructure: getting rid of heat. The acquisition, announced as demand for dense data center builds keeps spiking, gives Vertiv more cooling hardware, more factory capacity in Europe, and fewer excuses if deployments slip this year again.
The companies did not disclose a price. That leaves a gap. In a market now obsessed with AI data center buildouts, the missing number matters less than the target itself: ThermoKey makes the dry coolers, condensers, heat exchangers, and liquid-cooling systems that sit in the unglamorous but increasingly expensive middle of the [...]
📅 - Nebius Pushes Serverless AI as Cloud Friction Starts to Hurt - Nebius has rolled out AI Cloud 3.5, adding serverless AI and new Blackwell GPU options across its global platform, as the cloud provider tries to lure developers frustrated by slow setup, messy data movement, and infrastructure babysitting. The release lands everywhere now, with serverless still in public preview - which is the point, and the gamble.
The pitch is simple enough: stop making AI teams fiddle with infrastructure before they can test an idea, run an experiment, or push a model into production. Nebius says its platform now handles the setup and runtime plumbing, leaving developers to build. That is a strong selling point because, frankly, too much AI cloud work still feels like [...]
📅 - EPG Raises $100M As AI Data Center Schedules Tighten Further - Singapore-based modular data center specialist EPG said Tuesday it has added more than $100 million in Series B+ funding, bringing in Decarbonization Partners and Alibaba Cloud as AI infrastructure demand turns brutally practical. The money will fund factories, R&D, and delivery capacity - because right now, getting power and cooling deployed fast counts as much as cash.
The round builds on a separate Series B completed earlier in 2026, when EPG raised nearly $100 million, and gives the company a stronger balance sheet just as AI data center projects are putting old construction assumptions under strain. This is not really about vanity funding. It is about whether modular infrastructure [...]
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