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Bitdeer shares tumbled Monday after the Bitcoin miner and AI data center operator disclosed a new at-the-market (ATM) stock program of as much as $1 billion.
AI HPC deals are getting bigger and more frequent, but their power to pump bitcoin mining stocks is fading as investors scrutinize costs, financing and executio...
CoreWeave plans to open three AI data centers in Indonesia, marking the cloud-computing provider’s first infrastructure expansion into the Asia-Pacific region.
American Bitcoin has appointed derivatives executive Paul Sacks as interim CFO after Matthew Prusak said he would step down as president and interim CFO, reshaping the bitcoin miner’s leadership as it reports a narrower quarterly loss and expands its bitcoin holdings.
DeepSeek is developing a one-gigawatt AI data center in northern China, a project that would give the startup substantially more computing infrastructure as it seeks to compete with better-funded US rivals.
Nexus Data Centers is in advanced talks to borrow $15 billion for an artificial-intelligence campus in Texas that would be leased to Anthropic, with Google providing financial support for the project, CNBC reported.
Leopold Aschenbrenner’s Situational Awareness is unwinding trades and may be forced to sell assets after suffering steep losses on artificial-intelligence investments and bets against software companies, CNBC reported, adding to signs of mounting liquidity pressure at the once-soaring hedge fund.
Nscale agreed to acquire Anyscale, adding software for managing AI workloads to the UK company’s growing portfolio of data centers, power supplies and graphics-processing capacity.
AI-infrastructure stocks have fallen sharply from their June peak while bitcoin gained over the past month, testing miner valuations and raising questions about...