Bitcoin miners are repurposing their data centers for AI infrastructure. Firms like Core Scientific, Iris Energy, and Hut 8 ...
IREN deal gives Redmond a mountain of Nvidia GPUs Software King of the World, Microsoft has decided that the best way to stay ...
Bitcoin mining company IREN (IREN) has signed a multi-year GPU cloud services contract with Microsoft, highlighting the ...
Bitcoin miners pivot to AI, with IREN's $9.7B Microsoft deal driving 580% stock surge as US blocks China chip access.
GPU clouds and so-called neoclouds—have stormed the market and drawn investor interest. But this market holds many risks.
TL;DR: European prosecutors are investigating Northern Data for allegedly misusing $586 million worth of NVIDIA AI GPUs, claiming tax breaks for AI use while potentially mining cryptocurrency. The ...
The past eighteen months have seemingly rewritten the economic playbook for digital infrastructure across North America, as ...
Microsoft has signed a $9.7 billion deal with data center operator and former Bitcoin miner IREN, sending both firms' stock ...
Global investment firm Bernstein on Tuesday gave IREN an outperform rating and boosted its price target for the firm a day ...
IREN generated $148 million in Q3 revenue, supported by 326% YoY hashrate growth and disciplined cost controls that expanded EBITDA margin to 56%. AI Cloud now operates 1,896 Nvidia GPUs near full ...
A knack for creative financing and an enormous appetite for risk helped CoreWeave’s Michael Intrator ride the AI data center boom to a $6.7 billion personal fortune. But as bubble fears mount, his ...
NVIDIA is preparing for Rubin-based GPUs with new patches preparing to transition to Boot42 support for its next-generation ...
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