Topic: crypto to ai pivot
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NVIDIA takes $2.1bn IREN stake in 5GW AI data-centre deal
NVIDIA committed up to $2.1 billion to IREN through a strategic partnership, using a five-year warrant for shares rather than a direct equity raise, with the chipmaker gaining both partner and shareholder status. The deal prioritizes IREN's Sweetwater campus in Texas, which already has 2GW of pla...
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Nscale’s €695M Portugal bet with Microsoft as AI neocloud hits $14.6B
Nscale, a former crypto mining operation now valued at $14.6 billion, is investing €695 million to expand its partnership with Microsoft in Portugal, delivering 66,000 Nvidia Rubin GPUs to a 1.2-gigawatt data centre in Sines. Nscale operates as a "neocloud," leasing GPU compute to AI developers, ...
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Core Scientific swaps to AMD for 2.5GW AI data centre after CoreWeave deal falls through
Core Scientific and AMD announced a data-center partnership covering up to 2.5 gigawatts of capacity, with long-term leases for 529 megawatts of critical IT capacity across five U.S. sites, expected to generate revenue starting in 2027. The deal includes an option for AMD to reserve up to 1,925 m...
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