IREN Raises AI Cloud ARR Target Above $4B
IREN said on July 20 that $2.8 billion in new multi-year AI cloud contracts lifted its year-end 2026 annualized run-rate revenue target from $3.7 billion to more than $4 billion, with about 85% of the…
IREN said on July 20 that $2.8 billion in new multi-year AI cloud contracts lifted its year-end 2026 annualized run-rate revenue target from $3.7 billion to more than $4 billion, with about 85% of the…
Amazon has cut more than 57,000 corporate jobs since 2022, about 16% of its corporate workforce, while planning to spend roughly $200 billion on AI infrastructure by 2026, the largest single-year capi…
Empery Digital sold 1,400 Bitcoin at a 47% loss to fund a $65 million stake in an AI data center project in the Midwest, pivoting from its Bitcoin treasury strategy amid shareholder pressure and debt …
Microsoft hosted a community meeting on June 30, 2026, for its planned 1,385-acre data center campus in Person County, North Carolina, gathering feedback on utility upgrades, water use, and job creati…
The New York State Legislature passed the Responsible Data Center Development Act on June 5, 2026, imposing a one-year moratorium on data centers of 20 megawatts or larger, while federal lawmakers int…
Riot Platforms (NASDAQ: RIOT) has secured a data center deal with AMD at its Rockdale, Texas facility, expanding contracted capacity to 50 MW with an option for 200 MW. The 10-year agreement is expect…