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Data Centers
Bitcoin Miners Sit on Prime Power Assets as AI Pivot Accelerates: Canaccord
The broker said bitcoin mining still drives nearly all sector revenue even as the narrative shifts toward AI.
Read moreDetailsTeraWulf Stock Surges 22% After $9.5B Google-Backed AI Compute Deal With Fluidstack
The bitcoin miner turned AI infrastructure firm will co-develop a 168 MW data center in Texas, with long-term revenue locked...
Read moreDetailsCrypto Miner Bitdeer Surges 30% as Company Pushes Deeper Into AI and Data Center Expansion
The firm said it sees a "sustained imbalance" between demand and supply of AI computing power, and projected to generate...
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Bitcoin Miners Lead Crypto Stock Bounce as OpenAI-Broadcom Deal Fuels AI Trade
Bitfarms, Cipher Mining and Bitdeer posted double-digit gains on Monday as miners keep benefitting from artificial intelligence's surging demand for...
Read moreDetailsGalaxy Gets $460M Investment by ‘Large Asset Manager’ for Its HPC Push
The unnamed investor bought nearly 13 million shares from the company and some executives. The firm intends to use the...
Read moreDetailsIREN Declines 6% on $875M Convertible Note Offering
The hot-handed bitcoin miner turned high-performance computing play could raise as much as $1 billion in the note sale.
Read moreDetailsCrypto Miner TeraWulf to Raise $3B in Google-Backed Debt Deal to Expand Data Centers
Google already owns 14% of TeraWulf and is supporting other crypto firms like Cipher Mining in their AI expansions.
Read moreDetailsNvidia to Invest $5B in Intel and Develop Data Centers, PCs
Nvidia will invest $5 billion through purchases of Intel stock for $23.28 per share
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