IREN secures $3B as Microsoft and Nvidia AI deals reshape growth
IREN closed a $3B convertible notes offering as the Bitcoin miner turned AI cloud firm funds growth after Nvidia and Microsoft deals.
InfoWorld AI·
An article from AI CERTs reporting on the Anthropic-SpaceX capacity arrangement caught my attention because it highlights a possibility the cloud market has been moving toward for years but has never fully embraced. The traditional assumption has always been simple: If you need elastic infrastructure at scale, you go to a hyperscaler such as AWS, Microsoft, or Google. They own the data centers, they understand multitenancy, and they know how to deliver computing as a repeatable service. The article suggests something different may now be emerging. Organizations with excess capacity may be able to act, at least temporarily, like cloud providers. This is a meaningful shift. If access to compute, power, and networking can be packaged and sold by enterprises, AI infrastructure operators, telecoms, colocation players, and perhaps even large private data center owners, then cloud computing becomes less about who invented the model and more about who has available capacity right now. In other
Read full articleIREN closed a $3B convertible notes offering as the Bitcoin miner turned AI cloud firm funds growth after Nvidia and Microsoft deals.
"We have no grand plan," says Anthropic's Cat Wu—but that's by design.
Three-storey GreenSquare datacentre in Hazelmere was to power cloud computing and the acceleration of AI Get our breaking news email, free app or daily news podcast A 15,000 sq metre datacentre near Perth will no longer go ahead after the developer withdrew plans amid community opposition over its impact on culturally significant sites. The three-storey, 120-megawatt GreenSquare datacentre in the town of Hazelmere had been intended to power cloud computing and the acceleration of artificial intelligence, but faced fierce community backlash. Continue reading...
OpenAI has integrated its Codex AI coding agent into the ChatGPT mobile app for iOS and Android, allowing developers to monitor live environments, review outputs, approve commands, and manage workflows remotely. The update, currently in preview, follows Codex gaining background desktop capabilities last month and a Chrome extension earlier this month — part of a rapid expansion […]
Software engineer Mo Gawdat takes a hopeful rather than apocalyptic view of a tech-enhanced future
SpaceXAI, the company formed after SpaceX acquired xAI in February, is facing mounting pressure on two fronts: a significant exodus of AI research talent and a legal challenge over environmental violations at its Mississippi data center. More than 50 researchers and engineers have departed since the merger, according to reports, including key leaders in coding, […]
Google and SpaceX are in discussions to deploy data centers in orbit, according to reports, as both companies position themselves at the forefront of a nascent race to move AI computing infrastructure beyond Earth’s atmosphere. The talks coincide with SpaceX’s anticipated $1.75 trillion IPO, in which Elon Musk has promoted orbital data centers as a […]
Google's Googlebook launch with integrated AI and Android signals a transformative shift in personal computing, challenging existing ecosystems. The post Google debuts Android Googlebook laptop platform with Gemini AI baked in appeared first on Crypto Briefing.