IREN’s contracted revenue and GPU rental rates are climbing, but Needham said the operator’s $25 billion to $30 billion ...

The accounts amplified claims about household electricity costs and grid strain, but X did not connect the operation to local ...

NVIDIA is using investments, financing arrangements and infrastructure commitments to expand AI-native cloud operators, ...

The Malaysia offtake adds more than $800 million of expected contracted revenue as Bitdeer advances its $4.7 billion Norway ...

IREN has identified $22 billion of existing and targeted funding for its FY27 spending plan as it works to bring more than $4 ...

B. Riley Securities maintained its Buy rating and $75 price target on Applied Digital (NASDAQ: APLD) after majority-owned ChronoScale detailed a planned 50 MW Microsoft AI compute deployment. The ...

Malone’s exit comes as OpenAI balances direct data-center development with cloud contracts and pursues roughly $750 billion ...

AI Cloud revenue more than doubled sequentially and surpassed mining revenue, but hardware impairments pushed IREN deep into the red ahead of further GPU installations.

The bank focused on rising AI contract pricing, $4 billion of contracted ARR and financing that covers most GPU spending, while identifying a multibillion-dollar FY27 funding gap.

The order gives the Energy Department authority to block equipment transactions, impose conditions on installed systems and ...