AI cloud infrastructure firm Volta Infra raises $300 million at a $2.4 billion valuation

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Release Time: 08/04/2026 12:32:44

Summary

AI + crypto news: Volta Infra, an AI cloud infrastructure company, raised $300 million at a $2.4 billion valuation, led by Andreessen Horowitz and Altimeter Capital, with NVIDIA and Michael Dell also participating. The company announced a $5 billion fund to enable small and medium-sized AI firms to access NVIDIA’s high-end chips. Volta signed a $10 billion, six-year contract with an unnamed major AI developer, utilizing Bitdeer’s 133 MW data center in Norway. Founded by Ricard Boada and Sofia Gumuzio, the company has secured 1 gigawatt of power and plans to expand in Texas and Wyoming. It aims to deploy multi-gigawatt capacity by 2030. Top altcoin news continues to highlight infrastructure developments driving the integration of AI and blockchain.

ME AI News: AI cloud infrastructure company Volta Infra Holdings has announced the completion of a $300 million venture funding round, valuing the company at $2.4 billion, led jointly 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 a six-year, $10 billion cloud services contract with an unnamed leading AI developer. This contract will be delivered in partnership 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. (Source: MLion)

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