Data Center News

CoreWeave acquires Bitcoin mining giant Core Scientific for $9 billion in an all-stock deal, boosting its data center capacity for AI and high-performance computing.

Amazon is investing over $13 billion in expanding AI and cloud infrastructure in Australia, including new solar farms and data centers nationwide.

The new data compression layer may address centralization risks in the crypto industry, such as the recent outage by Amazon Web Services.

The bill has yet to pass in the US Senate but comes as Bitcoin miners are increasingly foraying into servicing AI models.

One of three newly appointed directors to the board includes Jaime Leverton, the former CEO of Hut 8.

North America faces energy challenges as cryptocurrency mining and AI data centers push electricity demand to unprecedented levels.

TeraWulf is looking to expand into the red-hot AI space as Bitcoin mining difficulty increases and profitability shrinks.

Microsoft said its latest “closed loop” water-recycling data center design could save 125 million liters of water annually per facility.

The French firm Data4 and the Greek government broke ground on a new data center outside of Athens to help position Greece as a strategic hub for tech and AI. 

United States lawmakers believe Building energy infrastructure for Bitcoin mining, AI, and high-performance computing is a major priority.

Investors in IREN, formerly Iris Energy, sued the crypto miner, accusing it of overstating its high-performance computing ability and business prospects.

Paris-based Data4 plans to invest in Greece to develop a major AI data center hub outside of Athens, signaling a boost to the country’s digital infrastructure and economy.

Some of the CARV accelerator’s top partners already include Arweave, Litentry and Alibaba Cloud.

According to CEO Phil Harvey, Bitcoin miners will average roughly $1.50 in revenue per terahash every month during the current market cycle.

Core Scientific will add 112 megawatts for CoreWeave’s GPUs and projects $2 billion in additional revenue from the 12-year hosting agreement.