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Nebius Group N.V. priced an upsized $4 billion convertible senior notes offering on Wednesday increasing the deal size after strong institutional demand. Inside Nebius’ $4B Raise to Power Next-Gen AI Infrastructure Nebius, the Nasdaq-listed AI infrastructure firm, trading under NBIS, had initially proposed a $3.75 billion raise a day earlier before expanding the offering. The … Read more
In the great artificial intelligence (AI) arms race of 2026, Meta just signed a $27 billion check for computing power, and a once-obscure cloud firm born from the ashes of Russia’s Yandex suddenly finds itself holding the keys to a chunk of Silicon Valley’s future. Billions for Brainpower: Meta Signs Huge AI Infrastructure Agreement With … Read more
The artificial intelligence (AI) arms race just got another shot of rocket fuel after Nvidia dropped a cool $2 billion on AI cloud builder Nebius, signaling that the next frontier of computing won’t be fought with clever code alone—it’ll be fought with gigawatts of electricity and warehouses full of silicon. Nvidia’s AI Bet: $2B Investment … Read more
A new global analysis finds that hundreds of the world’s data centers are operating in climates that are too hot for optimal performance, raising costs, energy demand, and long-term sustainability concerns. Nearly 7,000 Data Centers Sit Outside Optimal Temperature Range, Study Finds The report, published by Rest of the World and authored by Hazel Gandhi … Read more
TeraWulf is looking to expand into the red-hot AI space as Bitcoin mining difficultly climbs and profitability shrinks. Go to Source
Microsoft says its latest “closed loop” water recycling data center design would save 125 million liters of water annually per facility. Go to Source
Hut 8 stock surged almost 8% following the announcement of the stock repurchase program. Go to Source
Hut 8 has argued a lawsuit from its shareholders arose “from a short seller’s attempt to obtain a monetary gain on its short position” in the crypto miner. Go to Source
Hodler Investments and GCL Energy Investment have partnered to develop a distributed energy infrastructure project in Ethiopia to power next-generation data centers. Boosting Ethiopia’s Data Center Market The United Arab Emirates (UAE) investment firm Hodler Investments has partnered with GCL Energy Investment to develop a distributed energy infrastructure project in Ethiopia. The project is expected … Read more
Hut 8 Corp. has announced an expanded partnership with Bitmain Technologies, unveiling the U3S21EXPH, a next-generation ASIC miner. The launch represents a significant milestone, with plans for deployment in Q2 2025 and a potential transition to self-mining through a purchase option. Hut 8 and Bitmain Partner on Innovative Miner to Boost Bitcoin Mining Infrastructure The … Read more