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TEM Explainer Series: Behind the AI Power Rush–One Electricity Bill, Two Competing Narratives
AI data centers could help lower household electricity bills—or push them higher. The final part of our series explores both outcomes and the safeguards needed ...

Cipher, Hut 8 Plunge as Texas Election Raises Data Center Risks
Shares of data center developers with major Texas projects tumbled on November 4 after Democrat Gina Hinojosa won the governor’s race, bringing the prospect of a prolonged halt to new approvals in a key market for artificial intelligence infrastructure.
3h ago
TeraWulf Secures Google Credit Backstop for $19 Billion Anthropic AI Lease
TeraWulf has secured Google credit support for planned debt financing of a Kentucky data-center campus leased to Anthropic, advancing funding arrangements for a project expected to generate about $19 billion in revenue over 20 years.
5h ago
Riot Sold 10,599 Bitcoin in Third Quarter as AI Expansion Accelerated
Riot Platforms sold 10,599 Bitcoin in the third quarter, drawing down its cryptocurrency reserves as it expanded into data centers and signed a $28 billion lease for its Corsicana campus in Texas.
5h ago
Hut 8 Achieves $189.5 Million Q3 Profit and Secures $1.07 Billion Credit Facility
Hut 8 Corp. (Nasdaq, TSX: HUT) reported its financial performance for the quarter ended September 30, 2026, highlighting a net income of $189.5 million. This figure represents a sharp rise from the $50.6 million recorded in the prior year's third quarter, primarily attributed to $413.8 million in gains from digital asset holdings. Revenue for the period stood at $71.1 million, while Adjusted EBITDA improved slightly to $33.0 million.
6h agoTEM Explainer Series
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Cipher, Hut 8 Plunge as Texas Election Raises Data Center Risks
- 2
Hut 8 Achieves $189.5 Million Q3 Profit and Secures $1.07 Billion Credit Facility
- 3
CleanSpark Signs $6.6B Data Center Lease, Puts Texas Portfolio Under Exclusivity
- 4
INTERVIEW SERIES: AI’s Infrastructure Race Runs Into a Slower Clock
- 5
Nvidia Tells Cloud Clients to Reduce Chinese Business: FT
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