Yellow wires are plugged into data servers, GPUs and CPUs inside the Nebius AI UK data centre in ChertseyImage source, Reuters
ByLily JamaliNorth America Technology correspondent, Reporting fromSan Francisco
  • Published5 minutes ago

A once-obscure corner of the AI ecosystem finds itself in the spotlight – and investors don't all like what they see.

Names like CoreWeave and Nebius are familiar to the tech set in San Francisco and Silicon Valley.

These data centre companies, known as neocloud firms, run large warehouses packed with expensive computers, which they lease to major AI developers like Anthropic, OpenAI and Meta.