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Nebius faces a shareholder lawsuit alleging a Birmingham AI data center land deal deprived Regions Bank of $66.3 million through three same-day sales. ...
HIVE Digital Technologies said average daily revenue exceeded $1 million across its bitcoin mining and GPU cloud businesses, as the company appointed former Hewlett Packard Enterprise executive Mark Volk to lead revenue growth at its BUZZ high-performance computing subsidiary.
Sphere 3D has priced a $5 million private placement and agreed to sell non-core mining assets for another $5 million as it redirects capital toward AI and high-performance computing infrastructure in Tennessee and Kentucky.
According to a Form 6-K filed with the SEC on September 3, 2026, Nolan's exit involves a separation agreement with the company's US-based operating unit, Argo Operating US LLC. Under the terms of the deal, Nolan will receive a one-time cash payment of $250,000, subject to standard tax withholdings. The agreement becomes final following a seven-day period during which the revocation right must remain unexercised. The settlement includes mutual releases and does not constitute an admission of liability or wrongdoing by any party involved.
Nscale is telling prospective investors that its signed contracts represent about $103 billion in future revenue as the British AI infrastructure provider prepares for a potential US initial public offering, according to documents reviewed by The Information.
On September 2, 2026, NVIDIA finalized an agreement to buy Hugging Face, Inc. for a base price of roughly $11.9 billion. Beyond the purchase price, the deal includes an equity-based retention package worth up to $1.0 billion for Hugging Face staff who transition to NVIDIA. The acquisition is expected to conclude in the first six months of 2027, provided it receives the necessary regulatory clearances.
This article first appeared in Miner Weekly, a weekly newsletter by BlocksBridge Consulting, curating the latest news in energy, bitcoin, and AI compute from Th...
Bitzero Holdings said it has eliminated a senior secured loan and released collateral over its assets as the Bitcoin miner pushes ahead with plans to convert its Nordic power portfolio into infrastructure for AI computing.
Anthropic has reportedly agreed to spend $35 billion for cloud-computing capacity from Nvidia-backed Lambda, linking the Claude developer’s surging demand for processing power to a Texas data center being built by Hut 8.