IREN Calling Off Bitcoin Mining Expansion in Favor of AI Data Centers
The company expects to reach its previously planned 52 EH/s of bitcoin mining capacity in coming months.
Possible Blow to Crypto as CoreWeave Reportedly Slashes Valuation to $23B
A separate report said the AI-related firm is also cutting the size of its IPO to just $1.5 billion.
Michael Saylor’s $200 Trillion Bitcoin Strategy: U.S. BTC Domination and Immortality
Strategy Executive Chair Michael Saylor discusses a U.S. Bitcoin strategic reserve, why securities holders keep him sleepless, and his own economic immortality.
Elon Musk’s AI Start-Up and Nvidia Join Microsoft, BlackRock, MGX AI Fund
The vehicle, which was created in September of last year, aims to raise $30 billion in funding.
What’s the Impact of CoreWeave’s IPO on Core Scientific? Analysts Debate
Whatever is good for CoreWeave is probably good for Core Scientific, but the IPO might not be the most important recent development.
Blockchain Firm Crossmint Used by Adidas, Red Bull Raises $23.6M in Funding
Ribbit Capital led the investment round with additional participation from Franklin Templeton, Nyca, First Round, and Lightspeed Faction.
Halliday Raises $20M for AI Protocol to Eliminate Writing Smart Contracts for DeFi
The Series A investment was led by venture capital giant a16z's crypto arm, following a $6 million seed round in 2022.
Sam Altman's World Network and Razer Want to Defeat Gaming's Bot Problem
The teams are releasing “Razer ID verified by World ID,” which is a single sign-on mechanism that will verify real human gamers from bots.
AI's Lead Over Crypto for VC Dollars Increased in Q1'25, But Does This Race Really Matter?
Despite the crypto 'Trump bump' at the end of 2024, deal flow still favors Artificial Intelligence. But is there a new preference for AI over crypto?
Nvidia-backed CoreWeave To Acquire AI Developer Platform Ahead of IPO
The deal is valued at $1.7 billion, The Information reported.