BITPRISMIA
Mara Holdings is acquiring a 64% stake in Exaion, a subsidiary of French energy giant EDF, for $170 million, marking a strategic shift from crypto mining to high-performance computing (HPC) and AI infrastructure.
Subzero Labs secured $20 million in seed funding led by Pantera Capital and Variant to develop Rialo, a new blockchain aimed at enhancing decentralized infrastructure and Web3 applications.
Vaultz Capital, a UK-based crypto investment firm, has secured £4.3 million ($5.7 million) in total funding, including a recent £2.6 million ($3.4 million) investment from Aura Digital, highlighting growing confidence in the UK crypto sector.
Industrial AI startup CVector is building trust and longevity in the tech industry by focusing on critical infrastructure and manufacturing AI, backed by its founders' expertise and a recent $1.5 million pre-seed funding round.
Satsuma Technology raised £100 million through a convertible loan note to fund AI infrastructure development and Bitcoin investments, aligning with a broader trend of corporate Bitcoin adoption.
Asymmetric, a crypto investment firm, is winding down its Liquid Alpha Fund due to significant losses and shifting its focus to long-term investments in blockchain infrastructure.
IoTeX and U Power have partnered to tokenize EV charging and battery-swap infrastructure, integrating real-world assets into the IoTeX ecosystem to enhance transparency and create new economic models.
OpenAI's $30 billion annual deal with Oracle to support the Stargate Project highlights the massive infrastructure demands of AI development and signals a significant shift in the tech industry's focus on AI data centers.
Function Crypto secured $10 million in seed funding led by Galaxy Digital to advance its crypto infrastructure and flagship product FBTC, a fully reserved Bitcoin solution, reflecting growing institutional interest in digital assets.
DePIN crypto uses blockchain to create decentralized, community-owned infrastructure networks, offering cost savings and rewards for resource contributors, though challenges like hardware reliability exist.