Finance News – Data Centers
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Riot Platforms Boosts Bitcoin Output to 514 BTC as Hashrate and Expansion Plans Ramp Higher
Riot Platforms increased its Bitcoin production to 514 BTC while simultaneously enhancing its processing power and progressing with large-scale data center developments in Texas ai...
Read Full Article →Riot Platforms Taps Data Center Veteran to Expand Beyond Bitcoin Mining
Riot Platforms is diversifying its business by appointing Jonathan Gibbs to develop large-scale data center operations focused on artificial intelligence and cloud services, potent...
Read Full Article →Pakistan announces Bitcoin strategic reserve
Pakistan’s decision to hold a sizable digital currency reserve highlights a strategic effort to integrate cryptocurrency into its national economy and attract international investm...
Read Full Article →The AI data center race is getting way more complicated
Recent shifts in major technology companies’ data center strategies reflect growing financial caution amid evolving market dynamics and uncertainty about long-term demand for AI-re...
Read Full Article →Pakistan to allocate 2,000 MW for Bitcoin mining and AI data centers
The decision to dedicate a substantial power supply to cryptocurrency mining and AI infrastructure is expected to impact energy markets and attract related investment opportunities...
Read Full Article →Pakistan Taps Surplus Power Capacity to Fuel Bitcoin Mining, AI Data Centers
Pakistan aims to generate additional revenue by using underutilized coal power plants operating well below capacity to support cryptocurrency mining and artificial intelligence dat...
Read Full Article →CoreWeave shares soar 19% after $2 billion debt offering
The company’s recent $2 billion debt issuance led to a notable increase in its stock price, reflecting investor interest and potential confidence in its financial strategy.
Read Full Article →Nvidia's Future Vision: 'AI Factories' With Millions of Agents and Robots Working With Humans
Nvidia's plan to transform data centers into collaborative environments integrating millions of AI agents and robots alongside humans could potentially drive significant growth and...
Read Full Article →AI's GPU obsession blinds us to a cheaper, smarter solution
Leveraging existing idle CPUs via decentralized networks can substantially reduce AI infrastructure costs and improve resource utilization, offering a more economical alternative t...
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