Loading News...
Loading News...
Browse articles classified into editorial sections.
AI data center costs are rising. Cipher, Riot and Hut 8 reveal how construction risks and tighter credit are reshaping the economics of miners’ AI expansion. ...
Riot Platforms confirmed the full commitment of its 332-acre Corsicana site to a Frontier AI Lab under a triple-net lease structure. The 910-megawatt (MW) agreement is set for an initial 15-year term, with Riot anticipating average yearly rental income of $1.8 billion. Should the tenant exercise two available five-year extensions, the total revenue from the contract could climb to $54 billion.
WhiteFiber, Inc. (Nasdaq: WYFI) closed the purchase of manufacturing and land assets in Yadkin County, North Carolina, through its Enovum Data Centers Corp. subsidiary. The seller, Unifi Manufacturing, Inc. (UMI), received $60 million in cash for the properties. This final payment included the application of a $2.25 million deposit previously held in escrow.
Argo Blockchain's leadership transition includes a separation agreement between Nolan and Argo Operating US LLC, his employing entity. Under the terms of the agreement, Nolan will receive a gross cash separation payment of $250,000. The payment and mutual releases of liability are subject to a seven-day revocation period. The company stated the agreement contains no admission of wrongdoing by any party.
Singapore-based Bitdeer Technologies Group, a provider of Bitcoin mining infrastructure and AI neocloud services, has scheduled its participation in three financial and technology conferences throughout November 2026. The appearances are intended to facilitate one-on-one meetings between the company's management and registered investors.
New York-based Cipher Digital Inc. disclosed a comprehensive schedule of public appearances aimed at the investment community, focusing on the intersection of digital assets and high-performance computing (HPC) infrastructure. The series of events begins on November 11 with the Cantor Convergence conference and concludes on December 8 at the Wells Fargo TMT Summit.
The conference call is scheduled to begin at 2:00 p.m. PT (5:00 p.m. ET) and will be accessible via a live, listen-only webcast on the company's investor relations website. NVIDIA disclosed that its formal financial results will be publicly announced at approximately 1:20 p.m. PT on the same day.
The agreement stipulates that ProCogia will secure dedicated GPU resources from BUZZ HPC facilities located in Canada. This hardware will support ProCogia's proprietary artificial intelligence tools and various customer computing tasks. In turn, ProCogia is designated as a preferred provider for applied-AI services to BUZZ HPC's clientele, specializing in hosting large language models (LLMs), creating customized model training, and managing data-AI synthesis.
CoreWeave, Inc. announced on Tuesday the expansion of its specialized cloud infrastructure, marking the addition of new computing capacity in Denmark. The company also confirmed the extension of its Global AI Network into the Middle East and Asia Pacific, a move intended to provide the performance and connectivity required for customers scaling AI production workloads across international markets.