Big loans for tech projects aren’t new, but a recent $8. 5 billion financing deal for CoreWeave is turning heads for a different reason. Instead of backing risky crypto mining operations, this loan focuses on building AI data centers packed with powerful GPUs. The shift shows how lenders are now bet
A new project called OpenServ is mixing AI with blockchain in an interesting way. It claims its AI model, SERV Nano, can match or beat OpenAI in some tests while being faster and cheaper. But is this just hype or real progress? OpenServ isn’t trying to build a new blockchain. Instead, it’s focusing
A New Jersey cloud firm, CoreWeave, has pulled in $8. 5 billion from a coalition of banks and investors to expand its data‑center reach. The money is backed by the company’s own GPUs and a contract with Meta that guarantees usage of those chips. The deal is the biggest ever of its kind, using a comb
Bitcoin miners are turning into data‑center operators, selling their digital coins to pay for powerful AI machines. The shift is clear from financial statements: the cost of making one Bitcoin has jumped to almost $80, 000 while market prices sit near $70, 000. That gap forces miners to look for
Nebius sees a boost after it announces a new, larger collaboration with Meta to build artificial‑intelligence systems. The deal gives the company more access to Meta’s cloud and data tools, which could help Nebius grow its AI offerings faster. The agreement is part of Meta’s plan to spread its AI
Bitcoin climbed past $74, 500 on Monday, the highest level since early February. The move broke a six‑week trading range and lifted mood for riskier crypto tokens. Bitcoin’s price is almost 25 % higher than its February low of $60, 000. That jump echoes rebounds seen in 2022, but those earl
Micron has seen its shares jump more than a third in the past year, riding the wave of growing AI and data‑center demand. The company’s core memory chips—DRAM for speed and NAND for storage—are now key in everything from self‑driving cars to military drones, widening the market far beyond traditiona
Rhode Island is making big plans for AI. They want it to be useful for everyone, not just big tech companies. Schools, hospitals, banks, defense, small businesses, and even the state government could all get a boost from AI. The plan focuses on four main areas: teaching people how to use AI, having
Sandisk has seen its stock price soar over the past six months, with a staggering increase of over 1, 000%. This impressive growth is largely due to the high demand for its NAND memory products, which are in high demand due to the growing investment in artificial intelligence (AI) infrastructure. As
The stock market is buzzing, and Applied Digital Corp is right in the middle of the action. On Monday, its shares went up, following the trend of major market indices like the S&P 500 and Nasdaq. This isn't just a one-day thing. Over the past year, the company's stock has seen a huge increase of ove
