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TEM Explainer Series: A New Data Center Doesn’t Just Draw Power. It Can Redraw the Grid
Part 3 of TheEnergyMag’s four-part explainer series explores how data centers can help keep new grid costs off household bills by reusing existing infrastructur...
IREN Closes $363 Million AI Equipment Refinancing With Wingspire
IREN has completed a $363 million financing arranged by Wingspire Equipment Finance against deployed artificial intelligence computing equipment, freeing capital for further expansion.
18h ago
HIVE Secures $129 Million Loan at 9% for Cohere AI Project
HIVE Digital’s BUZZ HPC business secured approximately $129 million in three-year financing at a fixed 9% interest rate to fund computing infrastructure for its Cohere contract.
1d ago
Constellation Secures Conditional $5 Billion DOE Loan Commitment to Expand Nuclear Output
Constellation Energy (NASDAQ: CEG) has secured a conditional loan commitment of up to $5 billion from the U.S. Department of Energy to expand electricity generation at existing nuclear power plants, as the federal government seeks to accelerate new power supply amid rising demand from AI data centers and other large electricity consumers.
1d ago
Luxor Raises $16 Million From CMT-Led Group to Expand AI Business
Luxor Technology raised $16 million in a strategic investment round led by CMT Digital to expand its artificial intelligence hardware, cloud computing and trading businesses, extending its operations beyond Bitcoin mining.
1d agoTEM Explainer Series
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Anthropic Files for IPO as Quarterly Sales Hit $11.6 Billion
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Crusoe Details Google’s Texas AI Campus, With Links to 531 MW of Wind
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Nscale, Anthropic Discuss Second $45 Billion AI Computing Deal: Report
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Nvidia to Invest $3 Billion in Meta as Companies Expand AI Partnership
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IREN Closes $363 Million AI Equipment Refinancing With Wingspire
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