The all-stock deal gives CoreWeave control of 1.3 GW of data center capacity, marking a shift from Bitcoin to AI infrastructure. CoreWeave (NASDAQ: CRWV), a major AI infrastructure company, announced ...
Riot Platforms (NasdaqCM:RIOT) is expanding its role in the AI value chain as AMD confirms a major 10 year AI infrastructure expansion at data centers operated by Riot. AMD plans to double its ...
On July 10, 2024, Block, Inc. and Core Scientific announced an agreement to deploy Block's new 3-nanometer or 3nm ASIC mining chips. This deal marks one of the largest ASIC procurement deals in terms ...
Bernstein remains bullish on Bitcoin mining firms like IREN, Riot, and CleanSpark, who are all riding the wave of AI compute ...
Bernstein analysts in a recent note highlighted the hybrid strategy of Bitcoin miners focusing on AI data centers. What Happened: The analysts spotlighted the emerging “mullet strategy” – AI in the ...
In a huge move for the Bitcoin (CRYPTO: BTC) mining industry, Block Inc. (NYSE:SQ), spearheaded by Jack Dorsey, has sealed its first sale of cutting-edge three-nanometer (3nm) mining chips to Core ...
Today, Block, Inc. (NYSE: SQ) and Core Scientific (Nasdaq: CORZ) have announced a new partnership focused on further decentralizing mining hardware. This collaboration introduces Block's advanced 3 ...
CoreWeave (NASDAQ: CRWV), a major AI infrastructure company, announced today it will acquire Core Scientific (NASDAQ: CORZ), one of the largest Bitcoin mining and data center firms, in an all-stock ...