News with the tag "AI expansion"

Bitcoin mining giant Core Scientific is making a bold move into the artificial intelligence sector with a $1.2 billion data center expansion in Texas. The company announced its partnership with AI startup CoreWeave alongside its fourth-quarter 2024 earnings report , which revealed a net loss of $265...

Bitcoin miner Terawulf Inc. has completed the sale of its 25% stake in the Nautilus Cryptomine joint venture for approximately $92 million. The company said this week that it intends to use the proceeds to expand its high-performance computing (HPC) and artificial intelligence (AI) infrastructure at...

Anchorage Digital converted the debt into common stock at a 51% premium.

One center will focus on developing industry standards for responsible AI use, while the other will support projects that address "key societal goals."

OpenAI, the frontrunner in artificial intelligence innovation, has made significant strides in advancing its consumer business by launching a groundbreaking marketplace for personalized AI applications. The move, announced during the company’s inaugural developer conference, is set to redefine how u...