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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.
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.
11h 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.
19h ago
Galaxy’s Data Center Earnings Jump as Helios Leasing Revenue Ramps Up
Galaxy Digital’s data center business generated nearly six times as much adjusted EBITDA in the third quarter as in the previous three months, as its Helios campus recorded its first full quarter of leasing operations for CoreWeave.
21h ago
Nvidia to Invest $3 Billion in Meta as Companies Expand AI Partnership
Nvidia will invest $3 billion in Meta‘s equity offering as the companies expand their collaboration on artificial intelligence agents, adding a financial commitment to their existing infrastructure partnership.
21h agoTEM Explainer Series
Most Read
- 1
HIVE Secures $129 Million Loan at 9% for Cohere AI Project
- 2
Constellation Secures Conditional $5 Billion DOE Loan Commitment to Expand Nuclear Output
- 3
Bitdeer Mines 1,355 Bitcoin in September as AI Cloud Backlog Surges to $2.9 Billion
- 4
MARA Posts $100M Deposit, Reworks Texas Deal Amid Data Center Audit
- 5
Luxor Raises $16 Million From CMT-Led Group to Expand AI Business
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