Investment firm Coatue Management is setting up a new powered land venture to serve data center and cloud operators. Its ...
Fluidstack, a startup that builds specialized data centers for AI companies, is in talks to raise a $1 billion round at an $18 billion valuation, potentially led by Jane Street, Bloomberg reports.
Coatue, one of the biggest names in venture capital, has a new venture that is reportedly buying land near large power sources.
Hut 8 Corp. (NASDAQ: HUT) stock rose Wednesday after the company announced a long-term lease agreement that solidifies its position in the fast-growing AI data center market. The company has signed a ...
Data center firm Hut 8 has announced the sale of $3.25 billion in investment-grade bonds to fund the development of its 245MW River Bend campus in Louisiana. River Bend is an AI data center campus in ...
Hut 8's (HUT) transaction with Anthropic (ANTHRO) and FluidStack to provide artificial intelligence data center capacity, which features a financial backstop with Google (GOOG) (GOOGL), is a "new high ...
Jefferies started coverage of AI data center developers Cipher Digital (CIFR), Hut 8 (HUT), Riot Platforms (RIOT), and TeraWulf (WULF) on AI data center pivot from Bitcoin mining roots. "These ...
CNBC's "Power Lunch" team talks about energy infrastructure, Hut 8's recent deal with Fluidstack and Anthropic, data center demand and more with Hut 8 CEO Asher Genoot. Got a confidential news tip? We ...
Asher Genoot, CEO of Hut 8. So today, Hut 8 announced 2 major announcements. We announced an AI infrastructure partnership with Anthropic and Fluidstack, where Hut will develop at least 245 megawatts ...
On a recent episode of The Pomp Podcast, investor Jordi Visser relayed an admission from Anthropic CEO Dario Amodei that reframes how to think about AI infrastructure demand. Anthropic, the maker of ...