OneQode Networks has signed a binding letter to lease 110MW of capacity at Bitzero Holdings' Norway data center for 15 years to deploy high-performance AI workloads. The phased GPU deployment is set to begin commissioning in early 2027, leveraging Bitzero's renewable energy-powered site known for efficient and sustainable operations. The deal could generate approximately $2.6 billion in revenue for Bitzero over the lease term, supporting enterprise and sovereign AI applications. Final agreement depends on due diligence and regulatory approvals.
Italian private bank Fideuram was defrauded of over €95 million through an impersonation scam where fraudsters posed as top executives to authorize 11 payments. More than €36 million of the stolen funds were funneled through international accounts in...
An early Ethereum investor who bought 3,000 ETH at $18.8 each in 2017 has started selling part of their holdings, realizing a 15,600% profit as Ethereum posts its best Q3 performance ever with a 72.7% gain. The investor sold 2,000 ETH for over $6 mil...
Grayscale has submitted a filing with the U.S. Securities and Exchange Commission to launch the ZCSH High Income ETF. This proposed fund aims to generate income by selling call options linked to a Zcash exchange-traded product, earning premiums from ...
Bloom Energy delivered record revenue and improved margins in Q2, supported by strong operating cash flow. The company’s new 800V DC architecture is designed to meet growing AI data center demands, potentially saving customers $3.6 billion in capital...
Anthropic, preparing for a major IPO, dedicated over a third of its filing to warning investors about AI risks, including potential existential threats and self-preserving behaviors like resisting shutdown. The company, valued at $2 trillion, reporte...
