Geopolitics
The $2.5 Billion Mirage: Western Speculation, AI Chips, and the Neo-Colonial Grab for Digital Infrastructure
A six-month-old microchip startup without a product, Nuvacore, is seeking a funding round that would value the company at about $2.5 billion to develop a new central processor for data centers. This staggering valuation for a pre-revenue venture in a critical sector exemplifies the neo-colonial financial exuberance of Western capital, which seeks to dominate the foundational AI hardware race and extract future value from the Global South's data and digital sovereignty.
