Crypto News·
Applied Digital has signed a 15-year lease with a U.S.-based hyperscaler for its Delta Forge 2 campus. The company said the agreement could generate about $5.2 billion in revenue during the base term. Applied Digital shares rose 8.7% in extended…
Read full articleMeta's collaboration with Reliance to establish an AI data center in India signifies a strategic shift towards localizing tech infrastructure, enhancing digital growth. The post Meta partners with Reliance to build AI data center in India appeared first on Crypto Briefing.
The 168-megawatt facility will support Meta's global AI computing needs and can be expanded over time.
Hyperscale's Bitcoin strategy intertwines its AI data center operations with crypto market dynamics, potentially amplifying investor exposure to Bitcoin's volatility. The post Hyperscale Data increases Bitcoin holdings by 4.62 BTC to 709 BTC appeared first on Crypto Briefing.
Applied Digital's debt-fueled expansion could enhance its AI data center capabilities but poses risks to equity investors due to repayment priorities. The post Applied Digital raises $1.59B in new debt to expand its North Dakota AI data center campus appeared first on Crypto Briefing.
Hut 8 has priced $4.25 billion of senior secured notes to finance a large artificial intelligence (AI) data center project in Texas. The deal marks another major step in the company’s shift from bitcoin mining toward power-backed digital infrastructure. Hut 8 Raises $4.25B to Expand AI Infrastructure Beyond Bitcoin Mining Hut 8 has priced a […]
Hut 8's strategic pivot to AI data centers signals a significant shift in tech infrastructure investment, potentially reshaping industry dynamics. The post Hut 8 prices $4.25B in notes to fund massive Texas AI data center campus appeared first on Crypto Briefing.
The project could significantly boost Lesotho's energy independence and position the US as a key player in Africa's energy infrastructure market. The post Convalt Energy commits $6.2B to build hydropower plant and AI data center in Lesotho appeared first on Crypto Briefing.
Gulf Development's expansion could position Thailand as a key regional data center hub, enhancing its digital infrastructure and economic influence. The post Gulf Development Pcl plans $4.3B expansion for AI data center infrastructure in Thailand appeared first on Crypto Briefing.
