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Latest coverage of energy, compute, and markets
Bitcoin mining difficulty is set to drop by about 9.55% after a sharp hashrate decline, easing hashprice pressure as miners face bitcoin’s price crash, AI/HPC c...
Hut 8 Corp. named E. Stanley O’Neal, the former chairman and chief executive officer of Merrill Lynch & Co., as chair of its board, the latest governance change as the company pushes deeper into energy and AI infrastructure.
KKR has launched a new AI infrastructure company with more than $10 billion in long-duration capital commitments, joining with the Kuwait Investment Authority, Nvidia and Vistra to finance and coordinate the data centers, power and connectivity needed by hyperscalers.
ERCOT’s 4CP rule has long rewarded flexible loads that curtail during summer peaks. But with AI data centers driving Texas power demand, a proposed shift toward...
Texas added 456 MW of new NRG gas-fired power in Houston, giving ERCOT more dispatchable capacity as demand from data centers, industry and summer peaks strains...
CoreWeave plans to raise $3.5 billion through a private senior notes offering, adding another layer of debt financing as the AI cloud provider continues to fund one of the most aggressive infrastructure buildouts in the data center market.
Sphere 3D has hired EA Advisors LLC as a strategic adviser, adding outside technical and operating expertise as the company works to reposition its combined asset base for artificial intelligence and high-performance computing workloads following its recently completed merger with Cathedra Bitcoin Inc.
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. ...