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Browsing: AI infrastructure
Alibaba, ByteDance and other major Chinese tech companies are quietly relocating large-scale AI training to overseas data centers to retain…
Bitcoin mining giants MARA Holdings and Hut 8 have both released impressive third-quarter results, revealing sharp increases in profits and…
Amazon Web Services (AWS) and OpenAI have entered a long-term strategic partnership valued at $38 billion, aimed at expanding the…
Blackstone, one of the world’s leading private equity giants, has announced the launch of a $20 billion fund focused on…
Cryptocurrency miner TeraWulf has increased the size of its private offering of convertible bonds to $900 million. The proceeds will…
OpenAI is reportedly in discussions to pursue an initial public offering (IPO) with a potential valuation of up to $1…
OceanPal has closed a private funding round totaling $120 million to support the launch of its AI-focused subsidiary, SovereignAI, which…
Crypto Miners Pivot Toward AI Infrastructure Amid Rising Demand for High-Performance Computing
Crypto mining companies are steadily redefining their role in the evolving tech landscape. Once focused solely on digital asset mining,…
BlackRock, Nvidia, and a group of major investors, including Microsoft, have announced a $40 billion deal to acquire one of…
AMD has officially entered into a multi-year partnership with OpenAI, securing one of the largest AI hardware contracts ever. The…
