AI cloud infrastructure firm Volta Infra completes $300M funding round led by Andreessen Horowitz and Altimeter Capital

Odaily Planet Daily reports: AI cloud infrastructure company Volta Infra Holdings has announced the completion of a $300 million venture funding round, co-led by Andreessen Horowitz and Altimeter Capital, with participation from NVIDIA and Dell Technologies founder Michael Dell. Additionally, Volta has secured a $5 billion customer financing pool to help small and medium-sized AI companies lower the barrier to purchasing NVIDIA’s high-end chips. The company also disclosed it has signed a six-year, $10 billion cloud services contract with an unnamed leading AI developer; the contract will be delivered in collaboration with Bitdeer, leveraging its 133-megawatt data center in Norway. Volta was co-founded earlier this year by former Brookfield Asset Management infrastructure executives Ricard Boada and Sofia Gumuzio. The company has already secured 1 gigawatt of data center power capacity and plans to develop new sites in Texas and Wyoming, aiming to deploy multiple gigawatts of computing capacity by 2030. (Bloomberg)