Fluidstack has reportedly withdrawn from two high-profile AI data center projects in France, including a planned €10 billion facility, as it shifts its focus toward the U.S. following several larger contract wins. According to a Bloomberg report on Wednesday, the London-founded “neocloud” provider no longer intends to develop a proposed one-gigawatt AI data center in Bosquel in […]
Constellation and LS Power have reached an agreement for the sale of a portfolio of power generation assets in the PJM Interconnection. The divestiture is part of a resolution with the Federal Energy Regulatory Commission and the U.S. Department of Justice regarding the Calpine transaction. The assets involved in the transaction are located within the […]
Nebius (NASDAQ: NBIS) Group N.V., an AI infrastructure provider, finalized the pricing of a private offering of convertible senior notes to institutional buyers. The total principal amount was increased to $4.0 billion, up from the previously targeted $3.75 billion. The offering is split into two tranches: $2.25 billion in 1.250% notes due in 2031 and $1.75 […]
Bitcoin’s network hashrate has declined sharply in March, signaling mounting pressure on mining operators as profitability compresses to historical lows. The seven-day moving average hashrate has fallen from more than 1 zettahash per second (ZH/s) in early March to around 930 exahash per second (EH/s), according to network data. The latest drop marks an acceleration […]
HIVE Digital (NASDAQ: HIVE) Technologies Ltd. has announced the commencement of operations at its BUZZ AI Cloud platform located in Asunción, Paraguay. This deployment includes live GPU compute nodes and represents the initial phase of the company’s strategy to integrate AI and high-performance computing infrastructure into its existing renewable energy assets in Paraguay. The GPU cluster […]
TransAlta Corporation (NYSE: TAC) confirmed in a 6-K filing with the SEC today, that its subsidiary has received a second emergency order from the U.S. Department of Energy (DOE) mandating that the Centralia Unit 2 coal plant in Washington State remain operational. The 90-day extension requires the facility to stay available through June 14, 2026, effectively […]
According to SEC filings dated March 17, 2026, Southern Company is issuing $1.3 billion in aggregate principal of Series 2026A Junior Subordinated Notes. The securities are priced at 100% of their face value and are scheduled to mature on April 1, 2058. The notes will be available in minimum denominations of $2,000, with further increments […]
NVIDIA has launched the Nemotron Coalition, a collaborative group of global artificial intelligence laboratories. The initiative is designed to advance the development of open frontier models by fostering research and technical cooperation across the international AI community. The formation of the coalition coincides with several other updates to NVIDIA’s AI ecosystem. The company recently introduced […]
NVIDIA announced the production release of Dynamo, an operating system specifically engineered for inference workloads. The system serves as a foundational component for AI factories, which are large-scale data centers dedicated to processing generative AI and industrial automation tasks. The launch of Dynamo coincides with a broader expansion of NVIDIA’s industrial AI portfolio. This includes […]
For the fourth quarter of 2025, Cango recorded a net loss of $285.0 million, compared to a net income of $2.4 million in the same period of 2024. Total revenue for the quarter was $179.5 million, with $172.4 million derived from Bitcoin mining and $4.8 million from international automobile trading. Adjusted EBITDA for the quarter was negative […]