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Latest articles from EnergyMag covering energy, digital mining, and AI infrastructure.
TeraWulf reported third-quarter revenue of $76.2 million as high-performance computing leases accounted for most of its sales, while adjusted earnings remained negative as the company expanded its data-center portfolio.
Galaxy Digital CEO Michael Novogratz bought nearly $10 million of the company’s shares, adding to his holdings as the cryptocurrency and data center company’s stock extended its decline.
IREN (NASDAQ: IREN) reported a near-tripling of quarterly AI Cloud revenue to $200 million as its transformation from bitcoin mining into artificial intelligence infrastructure accelerates, but disclosed a delay in reaching its $4 billion annualized revenue milestone amid mounting investor concerns over data center execution and financing.
Google parent Alphabet (NASDAQ: GOOGL) has outlined a $17 billion investment in its first Wyoming data center, detailing a power strategy built around natural gas generation, fuel cells and carbon capture technology as investors retreat from AI infrastructure stocks amid concerns about spending and development risks.
NTT Data agreed to deploy 900 megawatts of Bloom Energy’s fuel-cell power systems across data-center projects worldwide, adding on-site electricity supply as access to power constrains the expansion of artificial intelligence infrastructure.
MARA won US energy regulatory approval for its roughly $1.5 billion acquisition of Long Ridge Energy & Power, clearing a hurdle in the bitcoin miner’s expansion into electricity generation and artificial-intelligence infrastructure.
Microsoft reportedly will not exercise an option to more than double its computing agreement with Nscale at a Texas data center, forgoing an expansion potentially worth tens of billions of dollars while leaving the existing contract intact.
Duke Energy raised the lower end of its 2026 earnings forecast after third-quarter profit increased, supported by recovery in infrastructure investment costs and favorable weather.
Core Scientific's third-quarter colocation revenue rose 58% from the previous quarter as it brought more data-center capacity into service, accelerating its shift from bitcoin mining to infrastructure for AI.
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