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Featured Story

Alice Huang Helped Secure $7.5B in Nvidia Chips for China, Report Says
AI / HPC

Alice Huang Helped Secure $7.5B in Nvidia Chips for China, Report Says

Alice Huang helped secure about $7.5 billion in Nvidia chips for China through a network of companies, including shipments of restricted processors, according to The Information.

Market News|9h ago|1 min read

Latest Stories

Nscale Reportedly Weighs Delaying IPO Targeting $35 Billion Valuation
AI / HPC

Nscale Reportedly Weighs Delaying IPO Targeting $35 Billion Valuation

Nscale, the British artificial intelligence infrastructure company backed by Nvidia, is reportedly considering postponing its planned New York initial public offering until 2027 following a sell-off in technology stocks,

11h ago
CoreWeave Revenue Surges 168% to $3.66B as Interest Costs Drive $709M Loss
AI / HPC

CoreWeave Revenue Surges 168% to $3.66B as Interest Costs Drive $709M Loss

CoreWeave (NASDAQ: CRWV) reported a 168% increase in third-quarter revenue to $3.66 billion, driven by rapidly expanding demand for artificial intelligence computing, but its net loss widened to $709 million as borrowing costs continued to outpace operating profits.

1d ago
Bitdeer Achieves Record $320M Revenue in Q3 as AI Pivot Accelerates
Digital Mining

Bitdeer Achieves Record $320M Revenue in Q3 as AI Pivot Accelerates

Bitdeer's financial performance in the third quarter of 2026 was marked by a sharp increase in top-line growth, with revenue rising 40% sequentially from the second quarter. The $320.7 million total was supported by a proprietary hashrate that expanded to 86.4 EH/s from 35.0 EH/s in the prior year. However, the company reported a net loss of $125.5 million, widening from a $30.1 million loss in Q3 2025. This bottom-line result was impacted by a $54.6 million non-cash loss stemming from fair value changes in digital asset loans.

1d ago
WhiteFiber Secure $300M Financing for North Carolina Data Center
AI / HPC

WhiteFiber Secure $300M Financing for North Carolina Data Center

On November 9, 2026, WhiteFiber subsidiaries Enovum NC-1 Midco, LLC and Enovum NC-1 Bidco, LLC executed a Term Loan Credit Agreement with Morgan Stanley Senior Funding, Inc. serving as the administrative agent and lead arranger. The financing package consists of a $200 million initial term loan and a $100 million delayed-draw facility. Both components of the debt carry a five-year maturity term starting from the date of the first disbursement.

1d ago

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