The White House is accelerating efforts to pass the first comprehensive federal artificial intelligence law, as geopolitical tensions and the expanding role of AI in both economic systems and military operations intensify the urgency for regulation. Officials are seeking bipartisan support for a framework that would establish national standards for AI development while addressing risks […]
Core Scientific has secured a major financing arrangement with Morgan Stanley that could provide up to one billion dollars to support the expansion of its data center infrastructure. The Texas based digital infrastructure company confirmed the initial closing of a five hundred million dollar loan facility with a term of three hundred sixty four days. […]
Core Scientific is preparing to significantly reduce its bitcoin treasury as the company shifts its strategic focus toward artificial intelligence infrastructure and high performance computing services. The US based digital asset mining company revealed in a recent regulatory filing that it intends to sell the majority of its bitcoin reserves during the first quarter of […]
Spending by major technology firms on artificial intelligence continues to accelerate, reinforcing a trend that could further benefit bitcoin mining companies that have pivoted toward AI infrastructure. Recent earnings from Microsoft and Meta showed no sign of a slowdown in capital investment, with both companies emphasizing AI as a core long term growth driver. Meta […]
Shares of publicly traded bitcoin mining companies moved sharply higher after reports that artificial intelligence firm Anthropic is preparing to raise up to twenty billion dollars in a new funding round, boosting confidence across the broader AI infrastructure sector. The fundraising effort, which would value the company at roughly three hundred fifty billion dollars, is […]
Riot Platforms shares climbed sharply on January 16 after the bitcoin mining firm confirmed a significant strategic shift toward artificial intelligence infrastructure, underscoring how miners are increasingly repositioning to capture demand beyond crypto validation. The rally followed confirmation that the company finalized ownership of its Rockdale site in Texas and secured a long-term data center […]
Shares of Galaxy Digital rose about four percent in U.S. trading on Thursday after the company secured approval to significantly expand power capacity at its Helios data center campus in West Texas. The approval, granted by the state’s grid operator ERCOT, allows Galaxy to add 830 megawatts of capacity, more than doubling the site’s total […]
BlackRock has raised $12.5 billion so far for its artificial intelligence-focused partnership with Microsoft, marking a significant step toward building large-scale data centers and energy infrastructure needed to support the rapid expansion of AI workloads. The fundraising progress brings the venture closer to its long-term target of $30 billion, a goal first outlined when the […]
Elon Musk’s artificial intelligence venture xAI has secured 20 billion dollars in fresh capital after expanding its Series E funding round beyond initial expectations, signaling continued momentum in the global race to scale advanced AI systems. The enlarged raise reflects persistent investor appetite for frontier AI infrastructure even as valuation concerns circulate across technology markets. […]
Global equity markets entering 2026 on the back of sustained enthusiasm for artificial intelligence may be underestimating a growing macroeconomic risk tied to that very expansion. Investors increasingly warn that the scale and speed of AI-related investment could reignite inflation pressures just as markets price in an extended period of monetary easing. Stock indices across […]
