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AI
Nvidia-backed CoreWeave To Acquire AI Developer Platform Ahead of IPO
The deal is valued at $1.7 billion, The Information reported.

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.

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.

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.

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.

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.

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.

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.

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.

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.
