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AI infrastructure drives $14B+ funding blitz
Data centers and AI infrastructure are commanding mega-rounds: Range Intelligent seeks $3B for Hong Kong's largest data center, Applied Digital secures $550M credit facility, MUFG finances $3.6B for Delfin LNG. Parallel biotech surge with City Therapeutics ($99M), Cavalry Biosciences ($75M Series B), and multiple $300M+ public offerings.
The read
Infrastructure-heavy sectors are absorbing massive capital as AI demand drives data center expansion and energy requirements. Biotech is riding parallel momentum with multiple $75M+ rounds, creating opportunities for technical talent and specialized financiers.
Watch next
Track if mega-rounds maintain pace through Q3 or hit capital efficiency walls.
Market context: the MitchelLake Talent Market Index reads 108.5 — Hot (+10.8 vs prior month).