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Bitcoin mining’s annual electricity consumption increased by an estimated 38% in the 18 months through December 2025, outpacing the rise in associated greenhouse-gas emissions as miners drew a larger share of their power from low-carbon sources, according to preliminary Cambridge research.
The planned expansion will take place at NAVER's GAK Sejong data center in Sejong, South Korea, where the NVIDIA DSX platform will be deployed to provide a full-stack AI factory infrastructure. The initial buildout of 55 megawatts, announced previously, will be increased to 200 megawatts by 2028, with NAVER targeting a future scale of 1 gigawatt. This development aims to support AI innovators in Korea and the U.S. by offering large-scale AI compute resources for next-generation AI models and services.
Galaxy Digital’s $3.507 billion Helios bond sale carries a 9.875% coupon, implying about $346 million in annual cash interest to finance its Texas AI data cente...
Galaxy Digital Inc. said on Wednesday that an indirect wholly owned subsidiary plans to offer $3.507 billion of senior secured notes due 2031 in a private placement to help fund the next phase of its Helios AI data center campus in Dickens County, Texas.
AMD and Anthropic said Anthropic will deploy up to 2 gigawatts of AMD MI450 AI GPUs starting in the first half of 2027, and AMD committed up to $5 billion to th...
Ionic Digital said it expects as much as $195 million in revenue this year, offering investors a first financial outlook days before the bitcoin miner-turned-digital infrastructure company is set to begin trading on Nasdaq.
Ionic Digital expects its shares to begin trading on the Nasdaq Global Select Market on July 28 after the US Securities and Exchange Commission declared its registration statement effective, clearing the final major regulatory step for the company’s long-planned public debut.
Greenidge is rebranding as Vulcan Infrastructure and Power after securing a $39.4 million investment to retire debt and accelerate its pivot toward AI data cent...
IREN has raised its year-end AI Cloud annualized revenue target to more than $4 billion from $3.7 billion after signing new multi-year agreements with AI developers.