IREN has signed $2.8 billion in new multi-year AI cloud services contracts with Microsoft, Nvidia, Perplexity and Figure AI, pushing its year-end 2026 AI cloud revenue target from $3.7 billion to over…
Fluidstack, a London-founded AI infrastructure startup, is targeting an $18 billion valuation in a new $1 billion funding round, more than double its $7.5 billion valuation from December 2025, accordi…
AI infrastructure companies have surged 187% over the past 12 months, driven by former Bitcoin miners pivoting to AI data centers. Stocks like Hut 8 and TeraWulf have posted triple-digit gains, with T…
Some Bitcoin miners are resisting the industry trend of converting facilities for AI workloads, arguing that the infrastructure requirements and long-term lease risks make the pivot less profitable th…
Bernstein initiated coverage of TeraWulf and Cipher Mining with Outperform ratings and price targets of $36 and $32, respectively, citing the companies' transition from Bitcoin miners to "power landlo…