17 articles tagged
Core Scientific shareholders have rejected a $9 billion all-stock merger with AI firm CoreWeave, citing undervaluation and concerns over stock volatility.
Applied Digital's stock surged after the company announced a 15-year, $5 billion lease agreement to provide 200 megawatts of AI computing capacity.
The rapid growth of AI is creating a massive energy problem, with analysts projecting a 36-gigawatt power shortfall for U.S. data centers by 2028.
Cipher Mining's stock rose 10.5% after announcing a 10-year AI hosting deal with Google-backed Fluidstack, expected to generate $300 million annually.
Innovatech has announced a $5 billion plan to build a new AI-focused data center campus in New Albany, Ohio, creating over 1,700 jobs and boosting the region's tech industry.
Innovatech Corp. has announced a $5 billion plan to build a state-of-the-art AI data center campus in Ohio, a move expected to create 7,000 jobs.
Innovatech plans to invest $2 billion in a new state-of-the-art AI research and data center in New Albany, Ohio, creating over 1,500 jobs.
Marvell Technology shows strong financial performance and strategic positioning in the AI infrastructure market, driven by data center growth and management confidence.
Nvidia, Arista Networks, and Vertiv, three key AI infrastructure stocks, have hit new record highs, underscoring their vital role in the AI data center boom. Analysts see potential buying opportunitie
Global technology firm Innovate Corp has announced a landmark $5 billion investment to establish a new artificial intelligence research and data center hub in Ohio.
Bitcoin miners are leveraging their access to over 14 gigawatts of secured power to enter the AI data center market, a new Bernstein report finds.
Applied Digital's stock surged 16% after the company reported an 84% revenue increase and a major $11 billion, 15-year AI data center deal with CoreWeave.
