SHARK TANK STAR SCALES BACK UTAH DATA CENTER
■ AI-SUMMARIZED FROM 3 SOURCES ▸ TIMELINE
A proposed Utah data center project has been drastically reduced in size following backlash from lawmakers and the public. The facility was originally planned to span an area nearly three times larger than Manhattan.
■ MORE FROM THE STARTUPS DESK
De-extinction startup Colossal Biosciences is in talks to raise new capital at a valuation between $20 billion and $30 billion, potentially doubling or tripling its previous valuation.
Archer Aviation and defense contractor Anduril have jointly developed a new electric aircraft designed for both military and commercial deployment. The move signals how quickly air taxi companies are expanding beyond city commuting.
Natural, a one-year-old startup, secured $30 million in funding to develop payment infrastructure designed specifically for autonomous AI transactions, positioning itself as a competitor to Stripe's payment ecosystem.
Infinity, an AI infrastructure startup founded by Jeremy Nixon, secured $15 million in seed funding to build an inference library compatible across all chip architectures. The company reached a $100 million valuation.