Loading News...
Loading News...
Latest articles from EnergyMag covering energy, digital mining, and AI infrastructure.
According to a Form 6-K filed with the SEC on September 3, 2026, Nolan's exit involves a separation agreement with the company's US-based operating unit, Argo Operating US LLC. Under the terms of the deal, Nolan will receive a one-time cash payment of $250,000, subject to standard tax withholdings. The agreement becomes final following a seven-day period during which the revocation right must remain unexercised. The settlement includes mutual releases and does not constitute an admission of liability or wrongdoing by any party involved.
Nscale and Figure have entered a multi-year strategic partnership to provide compute infrastructure for humanoid robotics. The deal includes an initial $3.5 billion commitment for compute resources, with the intent to scale to over $6 billion. As part of the agreement, Nscale will become a shareholder in Figure and serve as the company's preferred compute provider.
Nscale is telling prospective investors that its signed contracts represent about $103 billion in future revenue as the British AI infrastructure provider prepares for a potential US initial public offering, according to documents reviewed by The Information.
Cipher Digital Inc. (NASDAQ: CIFR) has commenced the development of lateral pipelines to deliver natural gas to multiple data center sites. The infrastructure is designed to facilitate "bring-your-own-generation" (BYOG) capacity, supporting the on-site production of up to 2.5 gigawatts (GW) of electricity.
On September 2, 2026, NVIDIA finalized an agreement to buy Hugging Face, Inc. for a base price of roughly $11.9 billion. Beyond the purchase price, the deal includes an equity-based retention package worth up to $1.0 billion for Hugging Face staff who transition to NVIDIA. The acquisition is expected to conclude in the first six months of 2027, provided it receives the necessary regulatory clearances.
Global spending on data centers and the computing equipment inside them could reach $31.6 trillion through 2050 as AI drives repeated upgrades of costly chips and servers, according to a PwC forecast released Wednesday.
Bitdeer Technologies Group announced today that it has acquired approximately 200 acres of greenfield land in Milam County, Texas, adjacent to its existing Rockdale operations, in an all-cash transaction valued at approximately $100 million.
Bitzero Holdings said it has eliminated a senior secured loan and released collateral over its assets as the Bitcoin miner pushes ahead with plans to convert its Nordic power portfolio into infrastructure for AI computing.
Anthropic has reportedly agreed to spend $35 billion for cloud-computing capacity from Nvidia-backed Lambda, linking the Claude developer’s surging demand for processing power to a Texas data center being built by Hut 8.
Showing 50 articles from the EnergyMag RSS feed. Feed updates regularly with the latest news on energy, digital mining, AI infrastructure, and capital markets.