Hut 8, a Bitcoin mining company, is doing well even when others are struggling. They got a bigger credit line from Coinbase, up to $200 million. This money will help them with everyday business needs. They also made a big deal with Fluidstack, an AI cloud platform, to provide energy for an AI data c
Applied Digital, a company that started with cryptocurrency mining, is making big waves in the AI infrastructure world. It's splitting off its cloud computing business into a new company called ChronoScale Corporation. This move is all about focusing on AI workloads and making the most of the boomin
AI is making big waves, and not just in tech. It's shaking up the power grid, and that's a problem for everyone. The recent green light for a massive data center in Cumberland County is just the start. This isn't just about having enough electricity. It's about who foots the bill when things don't g
Businesses are starting to use smart machines in many places. These machines are not just in big computer centers. They are in stores, factories, and even in the field. This is because smart machines need to be where the action is. They need to be close to people and activities. This way, they can m
Big changes are happening in the world of tech banking. Goldman Sachs is mixing up its team to keep up with the growing AI industry. This isn't just about AI itself. It's about all the stuff that makes AI work, like the internet and computer chips. Two leaders, Yasmine Coupal and Jason Tofsky, are
Amazon and Nvidia are working together to make AI faster and more efficient. They are combining Nvidia's advanced tech with Amazon's custom chips and cloud services. This teamwork aims to help businesses train and use AI systems more quickly. At a recent tech event, they announced new ways to conne
Marvell, a big name in semiconductors, just made a bold move. They're buying Celestial AI for a whopping $3. 25 billion. That price could even go up to $5. 5 billion if Celestial hits certain sales targets. This isn't just any purchase. It's a strategic play to boost Marvell's networking business.
A big step has been taken in the world of smartphones. A company called NimbleEdge has teamed up with Microsoft to bring something called Foundry Local to Android phones. This isn't just any update; it's a game-changer. It lets AI run directly on your phone, making it faster, more private, and alway
IREN, a company known for its work in bitcoin mining, is making a bold move into the world of artificial intelligence. A recent deal with tech giant Microsoft is set to boost IREN's AI ambitions significantly. This isn't just any deal—it's a whopping $9. 7 billion contract over five years. That's a
Microsoft is making a huge move in the world of artificial intelligence. They've just opened a massive AI "super factory" in Atlanta. This isn't just any data center—it's a two-story complex designed to work seamlessly with other similar hubs in Microsoft's Fairwater network. The goal? To provide ma
