Tech
Nvidia anchors Hut 8’s $20B AI lease bet in Texas
Nvidia has been identified as the undisclosed investment-grade tenant behind two 15-year leases at Hut 8's Beacon Point AI campus in Nueces County, Texas....
Tech
$7.5 Billion Raised, $1,306 in Daily Revenue: The Graveyard of Ghost Blockchains
Seventeen blockchains and protocols raised a combined $7.5 billion from investors but generate only $1,306 in daily revenue. At the current pace, it would...
Markets
Why is HOOD stock dropping despite Robinhood’s record Q2 revenue?
Robinhood reported record second-quarter revenue of $1.31 billion, up 32% year over year, and diluted earnings per share of $0.62, beating Wall Street expectations....
Tech
Scale AI taps former Google Cloud executive as CEO amid Meta’s $15B investment push
Scale AI, a company specializing in data labeling for AI training, is appointing a former Google Cloud executive as CEO. This appointment comes as...
Tech
Google DeepMind’s Gemini Robotics ER 2 could reshape the automation economy, and crypto should pay attention
Google DeepMind has released Gemini Robotics ER 2, an AI robotics model that enables physically different robots to collaborate in real time through shared...
Tech
Iran’s strike on U.S. ships in Egypt is a warning to global shipping
Iran struck U.S. ships in Egypt's Port of Damietta, marking a new phase in the ongoing conflict between Iran and the United States. This...
Markets
Nscale acquires Anyscale for $1.65B to build a vertically integrated AI compute empire
British AI cloud provider Nscale announced on July 30 the acquisition of Anyscale for approximately $1.65 billion. Anyscale is the commercial company behind Ray,...
Tech
Equinix seeks at least $3B from latest data center bond sale as AI infrastructure demand surges
Equinix, the world's largest data center REIT, plans to raise at least $3 billion through a new US investment-grade bond sale amid what Bloomberg...