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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 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.
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.
This article first appeared in Miner Weekly, a weekly newsletter by BlocksBridge Consulting, curating the latest news in energy, bitcoin, and AI compute from Th...
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.
Nscale has closed two senior secured loan facilities totaling as much as $3.05 billion to finance AI computing infrastructure in Texas and North Carolina.
Bitcoin mining and digital infrastructure operator Cango Inc. reported its unaudited financial results for the second quarter ended June 30, 2026, highlighting an operational pivot toward unit-economic efficiency in its mining fleet and the commissioning of its initial modular artificial intelligence compute capacity.
Bitdeer's subsidiary Bitdeer AI has secured five-year offtake commitments for its 9.5MW A102 data center in Malaysia. The facility is fully sold out ahead of its scheduled energization in the first quarter of 2027.