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Latest coverage of energy, compute, and markets
OpenAI is weighing a massive Ohio data center lease with SoftBank’s SB Energy and potential Nvidia backing, according to The Information’s report. ...
Crusoe said it has contracted 4.9 GW of AI infrastructure across five U.S. data center campuses and its AI cloud platform. ...
Applied Digital is turning again to the private debt market to finance its AI data center buildout, with a subsidiary seeking to raise $1.59 billion in senior secured notes for the fourth building at the company’s Ellendale, North Dakota, campus.
Soluna Holdings has formalized a joint venture with Metrobloks for Project Kati 2, a planned multi-phase data center development in Willacy County, Texas, adding structure to the company’s push beyond bitcoin mining and hosting into AI and high-performance computing infrastructure.
Applied Digital has signed a 15-year lease for 210 megawatts of critical IT load at a new AI data center campus in the southern US, extending the company’s contracted backlog as hyperscalers continue to lock up large-scale power capacity for artificial intelligence workloads.
OpenAI has confidentially filed for a potential IPO, just weeks after Anthropic took the same step, as leading AI startups weigh public markets against the adva...
Bitdeer Technologies Group said two senior executives have resigned from their operating roles, the latest leadership change at the bitcoin mining and AI infrastructure company as founder Jihan Wu continues to steer the business through a broader vertical integration push.
Applied Digital has closed a $350 million revolving credit facility arranged by Goldman Sachs, giving the AI data center developer additional liquidity as it works through a growing pipeline of leased and pre-leased campuses.
Cipher Digital Inc. is planning to raise $810 million through another secured debt offering, extending a project-finance strategy that has already funded billions of dollars of data center development as the company shifts deeper into AI infrastructure.