Urgent.News

What's breaking now, across thousands of outlets.

AI

Sources: ByteDance is merging coding platform Trae and agent-building tool Coze into Doubao, and plans to launch Doubao Work to compete with Tencent's WorkBuddy (Bloomberg)

ByteDance Ltd. is consolidating the resources behind two of its artificial intelligence developer products to bolster China's …

Anthropic has agreed to pay Nscale $45 billion over six years to rent about 460 megawatts of power at a West Virginia data center. The data center will use Nvidia's Vera Rubin chips. This amount of power could supply around 345,000 US homes at any one time, according to Investing.com.

The deal is part of Anthropic's efforts to secure capacity ahead of a planned initial public offering. The company, which created the Claude AI assistant, has signed several computing deals recently, including agreements with Fluidstack, Volta Infra Holdings Ltd., and SpaceX.

The West Virginia data center is part of Nscale's Monarch campus, which will total about 1.35 gigawatts when complete. The cost of developing the entire campus and on-site power plant is estimated at around $71 billion, with $47 billion going toward AI chips.

Brief written by urgent.news from Techmeme, Investing.com — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at bloomberg.com →

More in AI

More from Monday 24 August →