
Legora fetches $8.8bn valuation in latest funding round
By Katherine Langford
City AM
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British energy unicorn Fuse is moving into AI infrastructure, betting that its control over electricity supply will allow it to build data centres faster than rivals struggling with lengthy grid delays. The London-based company, founded by former Revolut executives Alan Chang and Charles Orr, has launched Fuse Compute, offering businesses access to Nvidia chips hosted in UK data centres powered by Fuse. Its first 128 Nvidia B300 GPUs are expected to come online in December, rising to 1,024 by the second quarter of 2027. The company then plans to add 22 megawatts (MW) of data centre power capacity in late 2027, with a further 116MW planned from 2028. Energy costs are only five per cent of GPU rental revenues, so energy costs are not a significant consideration when pricing GPU rentals , Chang told City AM. The key advantage Fuse possesses is energy availability, which means much faster speed to stand up data centres, and this will allow our compute customers to scale up much