IREN Signs Multi-Year AI Contracts for Nvidia Blackwell GPUs
IREN Limited has signed new multi-year cloud contracts and is on track to generate more than $500 million in annualized revenue from its artificial intelligence (AI) cloud segment by the…
Auto Added by WPeMatico
Cipher Mining’s $1.3B Convertible Notes Overshadow Its HPC Deal
Cipher Mining’s (CIFR) $3B HPC deal should have been a catalyst, but the stock went sideways as a $1.3B convertible raise stole the spotlight. Here’s why institutions rushed in, and…
Coinbase Extends $100M Bitcoin Credit Line as Cleanspark Targets HPC Expansion
Cleanspark expanded its capital strategy, adding $100 million in bitcoin-backed credit capacity from Coinbase Prime to fund energy, mining, and high-performance computing growth, the two companies said on Monday. Cleanspark…
BTC Miner Core Scientific Expands Contract With Coreweave, Eyes $8.7B in HPC Revenue
Core Scientific has revealed that Coreweave has chosen to expand its high-performance computing (HPC) infrastructure by another 120 megawatts (MW), pushing the total contracted capacity to around 500 MW. Core…
Bit Digital Expands AI and HPC Footprint, Signs $700 Million Agreement With Boosteroid
Bit Digital, Inc. has shared an update on its journey into artificial intelligence (AI) services by securing a binding term sheet with Boosteroid Inc., a major player in the cloud…
Northern Data AG Acquires Bitcoin Miner Bitfield — 33,000 Miners Gained in Stock-for-Stock Deal
On Monday, the high-performance computing (HPC) infrastructure provider and bitcoin mining firm Northern Data AG announced the acquisition of the bitcoin mining operation Bitfield N.V. in a stock-for-stock deal. Northern…