AI


Markets

Riot Platforms Hits Post-Halving Bitcoin Production High as It Expands AI Capacity

Feasibility study confirms Corsicana Facility’s potential for AI/HPC growth as Riot delivers strong mining performance in March 2025.

A 30MW mining facility (Sandali Handagama/CoinDesk)

Markets

OpenAI’s $40B Raise Calms Market Jitters, Sends CoreWeave and AI Tokens Higher

AI tokens, including NEAR, ICP, TAO and RENDER rose on Tuesday after OpenAI announced the closing of its record-breaking private funding round the day prior.

Cloud Based Artificial Intelligence Computing Company CoreWeave Has IPO On Nasdaq Exchange. (Michael M. Santiago/Getty Images)

Finance

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.

https://www.hpe.com/us/en/newsroom/press-release/2023/06/hewlett-packard-enterprise-unveils-ai-cloud-for-large-language-models.html

Markets

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.

cloud servers (CoinDesk archives)

Finance

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.

Strategy Chair Michael Saylor portrait

Tech

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.

Abstract image of a futuristic server with light blue and green LED lights. (Getty Images)

Markets

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.

Core Scientific facility in North Carolina. (Core Scientific)

Finance

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.

Funding (Gerd Altmann/Pixabay)

Finance

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.

16:9 Halliday CEO Griffin Dunaif (Halliday)

Tech

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.

Worldcoin co-founders Alex Blania and Sam Altman (Marc Olivier/Worldcoin)