AI


Finance

Nvidia-backed CoreWeave To Acquire AI Developer Platform Ahead of IPO

The deal is valued at $1.7 billion, The Information reported.

cloud servers (CoinDesk archives)

Markets

Hut 8 Reports $331M Net Income in 2024 While Expanding AI Infrastructure

The bitcoin miner held over 10,000 bitcoin at the end of last year.

ASIC miner (Credit: Shutterstock)

Markets

Core Scientific Appoints Former Investment Banker as New CFO

Finance veteran to succeed Denise Sterling as CFO, shares are up 2% in pre-market trading.

Core Scientific's mining facility in Calvert City, Ky. (CoinDesk archives)

Markets

Olas' Mech Marketplace Enables AI Agents to Hire Each Other for Help

Crypto and AI firm Olas is making it easier for AI agents to collaborate.

Robots, AI. Credit: Jehyun Sung, Unsplash

Finance

Bittensor App Gets Hack Risk Cover From Nexus Mutual-Backed Insurance Firm Native

Team Rizzo, which operates Bittensor subnets and validator services, has snagged $25 million in on-chain cover from Native, a digital asset insurance specialist.

Native leaders: In order from left to right, these are James Asaad (Chairman), Dan Ross (CTO) and Ben David (CEO). (Native)

Finance

Core Scientific Stock Surges After $1.2B Expansion of Data Center With CoreWeave

The expansion will significantly increase Core Scientific’s AI and cloud computing capacity and increase total projected revenue to $10.2 billion over 12-year contract terms.

(Getty Images)

Opinion

5 New Trends in Generative AI That Web3 Needs to Be Ready For

As the transformative technology evolves, the opportunity for Web3 to play a significant role is growing rapidly.

(Yuichiro Chino/Getty Images)

Tech

AI Is Here, but That Doesn’t Mean Bitcoin Miners Are Finished: Blockspace

Public bitcoin miners are rushing to build AI business lines, but there’s still room for their original mandate, says this investment bank analyst.

(Shutterstock)

Markets

Bitcoin Miner Riot Adds New Board Member to Push AI Pivot

Riot also announced it has hired investment banks Evercore and Northland Capital Markets to lead discussions with potential AI and HPC partners.

mining rig. (Taylor Vick/Unsplash)

Finance

Decentralized AI Opportunity Is 'Bigger than Bitcoin,' Says DCG's Barry Silbert

Barry Silbert thinks deAI is a generational opportunity. DCG's betting on it.

barry silbert