Core Scientific is acquiring Polaris DS LLC, a bitcoin mining operation in Oklahoma, for $421 million to expand its AI and high-performance computing power capacity to about 1.5 gigawatts. The acquisition includes 440 MW of contracted power and an active site, enabling faster deployment for AI customers compared to new developments. The deal is expected to close in Q3 2026, with plans to repurpose the site for AI infrastructure while winding down existing mining operations by mid-2028. This move reflects a broader trend of repurposing bitcoin mining facilities for AI data centers, supported by Oklahoma's favorable energy policies.
REalloys has invested $20.6 million in the Saskatchewan Research Council's rare earth processing facility, gaining exclusive rights to up to 80% of its expanded heavy rare earth output, including critical metals like dysprosium and terbium. This move...
DelveInsight reports over 12 companies developing IgE receptor antagonists for allergic conditions like asthma and chronic urticaria. Key drugs such as ADL-018 and LP-003 are in late-stage trials, showing promise against existing treatments like Xola...
Daz 3D released Daz Studio 6, its latest 3D creation platform, featuring faster asset loading, improved content management, and enhanced viewport performance. The update integrates Victoria AI Chat for in-app support and adds support for the latest N...
Nu Holdings announced a $1 billion share repurchase program over 12 months starting June 2026, reflecting strong capital generation from its recent robust revenue growth. The company reported Q1 revenue of $5.32 billion, a 42% year-over-year increase...
Planet Labs PBC is set to report quarterly earnings with revenue projected at $89.80 million, a 35.5% increase year-over-year, driven by a $900 million backlog and new contracts including a $22 million extension with the National Geospatial-Intellige...
