Data Centers
Galaxy Secures $1.4B to Expand Helios Data Center for AI and HPC
The firm, led by Mike Novogratz, projected its deal with AI cloud firm CoreWeave could generate $1 billion in annual revenue over 15 years.
Bitcoin Miner MARA Steps Into HPC With Majority Stake in EDF Subsidiary: H.C. Wainwright
The broker has an outperform rating on MARA stock with a $28 price target.
Galaxy Positioned to Capture Favorable Regulatory Upside, Jefferies Says as It Initiates With Buy
Jefferies assigned Galaxy (GLXY) a buy rating and a $35 price target
Asia Morning Briefing: Are Distributed Compute Tokens Undervalued Vs CoreWeave?
Unlike GameFi’s inflated hype, Distributed Compute Tokens offer real utility serving AI, storage and GPU markets but remain modestly valued despite rising global demand.
What’s the Impact of CoreWeave’s IPO on Core Scientific? Analysts Debate
Whatever is good for CoreWeave is probably good for Core Scientific, but the IPO might not be the most important recent development.
Hut 8 Rises 12% Pre-Market Amid Social-Media Talk of Partnership With Meta
HUT shares climbed to just under $30 as of 10:00 UTC, over 11.75% higher than its Wednesday closing price of $26.69.
Crypto Exchange Kraken Is Considering Going Nuclear
Massive demand for energy from high performance computing and artificial intelligence firms is changing the landscape in terms of power stability, the company’s CTO said in an exclusive interview with CoinDesk.
‘We’re Compute Cowboys’: Gideon Powell on the Pioneer Spirit Driving Bitcoin Mining
An interview with the CEO of Cholla Inc., an oil & gas exploration company that’s investing in bitcoin mining.
Applied Digital Stock Surges 12% After Announcing Its Third AI Deal
Applied Digital will be deploying HPE's Cray XD supercomputers in its AI cloud service.
Australian Data Center Startup Arkon Expands to U.S. With $26M in Fresh Funding
CEO Joshua Payne said he expects the acquisition of a data center in Hannibal, Ohio to be "the first of several" over the next year.
