Gjdm AI accelerator Zeroth bags investment from digital media firm Animoca
The appetite for alternative clouds has never been bigger.Case in point: CoreWeave, the GPU infrastructure provider that began life as a cryptocurrency mining operation, this week raised $1.1 billion in new funding from investors including Coatue, Fidelity and Altimeter Capital. Reportedly valuing the startup at $19 billion post-money, the new financing brings CoreWeave total rai
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sed to $5 billion in debt and equity & 8211; a remarkable figure for a less-than-a-decade-old company.It not just CoreWeave.Lambda Labs, which also offers an
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array of cloud-hosted GPU instances, in early April secured a & 8220 pecial purpose financing vehicle of up to $500 million months after closing a $320 million Series C round. The nonprofit Voltage Park, backed by crypto billion
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aire Jed McCaleb,last October announced that it investing $500 million in GPU-backed data centers. And Together AI, a cloud GPU host that also conducts generative AI research, in March landed $106 mil Khho Chan Zuckerberg Initiative hires to donate tech not just money
The reversal comes as over a dozen universities and colleges threatened legal action against the administration s order. The multi-faceted effort
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also was led by attorneys general in 17 states, including D.C., led by Massachusetts Attorney General Maura Healey.On Tuesday, Harvard and MIT had a remote hearing to share a case against ICE s rule, which would have put the lives of millions of international students in jeopardy. Within minutes of the hearing, Homeland Security agreed
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to revoke its initial plans to only allow international students to stay in the country if they are taking in-person classes.The new guidance, which is based on March 9 guidel
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ines, will only benefit students who are currently enrolled. This leaves in flux new students or individuals set to come to the United States in the fall.The rule, announced last Monday, was broadly met with fury from the academic community. Yale Law School s Dean, Heather Gerken, posted a statement in opposition to the rule. One professor