New Google Cloud Managed Lustre capabilities with DDN EXAScaler improves AI training, inference, and high-performance computing, delivering scale, performance, and economics LAS VEGAS, April 23, 2026 — DDN has shared new […]
The post DDN Expands Google Cloud Managed Lustre for AI and HPC Workloads appeared first on AIwire.
The post TeraWulf’s AI Revenue Surges 117% but Posts $427M Loss appeared on BitcoinEthereumNews.com.
Bitcoin miner TeraWulf posted a net loss of $427 million in the first quarter of 2026, up from the $61.4 million loss recorded in the same period a year earlier. Total revenue for the quarter came in at $34 million, with high-performance computing (HPC) lease revenue accounting for $21 million, roughly 60% of the total and a 117% jump from the prior quarter, according to a Friday announcement. Bitcoin mining revenue fell 50% to around $13 million. The HPC revenue was driven by 60 megawatts of operational critical IT capacity at Lake Mariner, one of North America’s largest HPC campuses, leased to Core42. TeraWulf is also coordinating infrastructure delivery with Fluidstack and Google, with additional capacity buildings on track for delivery in 2026. The company ended the quarter with approximately $3.1 billion in cash. “Our capital structure is designed to align long-term financing with
The post ServiceNow (NOW) Stock Draws Institutional Support Amid $30B Revenue Vision appeared on BitcoinEthereumNews.com.
Key Highlights Cantor Fitzgerald maintained its Overweight stance on NOW with a $122 price objective following the company’s analyst day and Knowledge conference in Las Vegas The enterprise software firm unveiled ambitious plans to exceed $30 billion in subscription revenue by the end of the decade, powered by agentic AI capabilities Leading institutional investors such as Vanguard and Jennison Associates substantially expanded their NOW positions during the fourth quarter Shares currently hover near $91, representing a significant retreat from the 12-month peak of $211.48, while analyst consensus targets $144.71 Wall Street maintains a Moderate Buy outlook despite widespread price target reductions following recent market pressure ServiceNow (NOW) stock continues trading around the $91 level, marking a substantial pullback from its 12-month peak of $211.48, yet ins
TeraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of transitioning from Bitcoin mining to AI infrastructure.
TeraWulf’s Q1 2026 results show $21 million in AI/HPC hosting revenue versus under $13 million from Bitcoin mining, marking the first quarter where high‑performance compute has overtaken BTC as the company’s primary revenue driver. TeraWulf’s latest earnings show its business…
Two weeks ago at Google Cloud Next ’26 in Las Vegas, Google did something the enterprise AI industry has been dancing around for the better part of two years: it made agentic AI governance a native product feature, not an afterthought. The centrepiece announcement was the Gemini Enterprise Agent Platform, pitched as the successor to Vertex AI […]
The post Google made agentic AI governance a product. Enterprises still have to catch up. appeared first on AI News.
Google Cloud topped $20B in quarterly revenue for the first time, fueled by surging demand for AI. But capacity constraints mean it could have grown even faster.
Google plans to invest up to $40 billion in Anthropic, Bloomberg reported, with an initial $10 billion commitment at a $350 billion valuation and a further $30 billion contingent on performance targets. The deal expands an existing infrastructure relationship, with Google Cloud now providing Anthropic with a fresh five gigawatts of computing capacity over five […]
