News with the tag "digital infrastructure"

TeraWulf’s focus on raising capital through institutional buyers suggests confidence in its future despite volatile cryptocurrency markets.

Cathedra Bitcoin Inc. has unveiled a non-brokered private placement aimed at raising up to C$2.5 million ($1.85 million). The funds will be used for bitcoin purchases, infrastructure expansion, and general corporate needs. Cathedra Bitcoin’s Bold Private Raise Cathedra (TSX-V: CBIT; OTC: CBTTF) has ...

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.

Core Scientific, Inc., a prominent digital infrastructure provider for bitcoin mining, has revealed its intent to issue $350 million in convertible senior notes. This offering is anticipated to close in September 2029, with the raised capital earmarked primarily for debt repayment and other corporat...

Marathon Digital Holdings and the Kenyan Ministry of Energy and Petroleum recently signed an agreement which sees the crypto mining firm committing to invest $80 million in Kenya’s digital infrastructure. Following the memorandum of understanding (MOU) signing, the Kenyan government will establish a...

The rapid ascent of artificial intelligence (AI) has brought about a seismic shift in the technological landscape. Yet, despite the astonishing progress in AI algorithms, a significant obstacle looms on the horizon – the capacity of today’s networks. As AI continues to evolve, the demand for vast da...

In a landmark declaration at the G20 New Delhi Summit, world leaders have come together to outline a forward-looking vision that hinges on the integration of technology, responsible artificial intelligence (AI), and robust digital public infrastructure (DPI). This declaration underscores the importa...