Events
Events
Dated, sourced developments in neocloud land.
CoreWeave's bid for Core Scientific voted down
Core Scientific shareholders rejected CoreWeave's USD 9 billion all-stock takeover offer, and the deal was terminated.
Source: https://www.cnbc.com/2025/10/30/core-scientific-shareholders-reject-9-billion-coreweave-offer-deal-terminated.html Checked 2026-10-19
Fluidstack withdraws from its 1 GW France campus
Fluidstack pulled out of its planned 1 GW data-centre campus in France (and a smaller Paris-area site) and turned to the US instead.
Source: https://www.datacenterdynamics.com/en/news/fluidstack-drops-projects-in-france-to-focus-on-us-report/ Checked 2026-09-18
Cudo Compute closes its public on-demand GPU platform
Cudo Compute shut down its public on-demand GPU platform and moved to enterprise-only work.
Source: https://status.cudocompute.com/ Checked 2026-09-18
Microsoft takes over the Nscale/Aker Norway compute contract
OpenAI stepped back from the Stargate Norway deal with Nscale and Aker after the two sides could not finalise terms, and Microsoft took over the capacity instead.
Source: https://www.cnbc.com/2026/04/15/openai-stargate-norway-project-microsoft.html Checked 2026-10-19
Cerebras prices its Nasdaq IPO
Cerebras Systems priced its initial public offering on Nasdaq.
Source: https://www.cerebras.ai/press-release/cerebras-systems-announces-pricing-of-initial-public-offering Checked 2026-10-19
IREN completes its acquisition of Nostrum Group in Spain
IREN closed its purchase of Nostrum Group, adding 490 MW of secured grid capacity in Spain to its AI cloud platform.
Source: https://www.hpcwire.com/off-the-wire/iren-completes-acquisition-of-nostrum-group-expanding-ai-cloud-platform-to-europe/ Checked 2026-09-18
CoreWeave and Nebius join the Nasdaq 100
Both neoclouds were added to the Nasdaq-100 index, announced 11 June 2026 and effective before the open on 22 June 2026.
Source: https://www.investorideas.com/news/2026/technology/06223-nebius-coreweave-join-nasdaq-100.asp Checked 2026-10-19
Source corrected. The draft's own URL (a CNBC piece dated 12 Aug 2026, 'CoreWeave gains 19%, Nebius surges 34% in post-earnings neocloud rally') is a real page but reports a post-earnings share rally, not Nasdaq-100 inclusion — it does not support this row's claim and was carried over unopened in an earlier pass. Replaced with a source that directly confirms the index addition and its 11/22 June 2026 dates.
Nscale reported to be targeting a USD 3 bn US IPO
Nscale was reported to be targeting a roughly USD 3 billion initial public offering in the US.
Source: https://www.datacenterdynamics.com/en/news/nscale-targets-3bn-raise-in-us-ipo-report/ Checked 2026-10-07
Opened in a browser 2026-10-07: Data Center Dynamics, 24 August 2026, relays a Bloomberg report that Nscale is looking to raise up to USD 3 bn in a US IPO that could be held as soon as September 2026. This is a press report of a plan, not a company statement. Date corrected from Sep 2026 to the month of the report.