Alibaba said on Wednesday that it is integrating Nvidia's AI development tools for robotics, self-driving cars, and connected spaces into its Cloud Platform for AI.

In a landmark move, Alibaba as partnered with Nvidia to integrate cutting-edge AI robotics tools into its cloud platform, heralding

Nscale will use its newly raised capital to finance data center construction. The company plans to power some of the upcoming AI clusters with hardware from Dell, one of the tech firms that backed its funding round. Nscale will hire more engineering and operations professionals to support the effort.

Alibaba Group Holdings Ltd. is integrating Nvidia Corp.’s suite of artificial intelligence development tools for so-called physical AI into its cloud software platform.

Nscale, the Nvidia-backed cloud computing start-up, said it had raised $1.1bn in the latest large financing of data centres for artificial intelligence. The round is led by Aker, the Norwegian energy and industrial group that Nscale is already working with to build a data centre that will serve customers,

Celestial stock has likely flown under the radar of many U.S. investors because the company is based in Canada. But it's easily bought on the New York Stock Exchange.

AI startup Modular said on Wednesday it raised $250 million in a funding round valuing it at $1.6 billion, as it aims to challenge Nvidia's software stranglehold on the AI computing market.