#Castelion

The inference chip layer raised $1.65 billion in five days. The AI cloud answered with $5.6 billion in bonds.

Etched, Fractile, and Groq split $1.65B on competing chip bets while Nebius and Domyn borrowed $5.6B in convertible debt. Castelion hit $13B making hypersonic missiles. Week of Aug 17-23, 2026.

Alibaba's AI Push Hits Profits, Meta's Circular Financing

Alibaba's profits tanked amid AI spending, Meta's reliance on Microsoft raises concerns, and a defense tech startup hits $13B valuation.

Castelion Secures $350 Million Series B for Hypersonic Missile Development