Firmus Technologies, originally a Bitcoin mining company, has partnered with Nvidia to provide access to its GPU clusters in Singapore and Australia via Nvidia's DGX Cloud Lepton marketplace. This collaboration supports Project Southgate, aiming to build large-scale AI data centers with around 18,400 Nvidia GPUs in Melbourne starting in 2026. Firmus plans to invest over $70 billion in AI infrastructure across Australia, backed by $1.35 billion in equity and a $10 billion debt facility. This move positions Firmus as a major player in the AI infrastructure market, targeting large enterprise and government contracts.
Hewlett Packard Enterprise (HPE) reported record revenues and operating income in Q3, driven by strong demand for AI-optimized servers in its data center segment. This surge has expanded HPE's revenue backlog and improved profitability, supported by ...
DoorDash reported a 36% year-over-year revenue increase to $4.45 billion in Q2, surpassing expectations. The company saw a 23% rise in organic marketplace Gross Order Value excluding Deliveroo, alongside a 40% increase in adjusted EBITDA to $914 mill...
September is historically the weakest month for the S&P 500, averaging a 0.6% decline since 1945, but this seasonal dip often precedes stronger returns in October through December. Despite recent market highs, analysts expect continued earnings growt...
US spot Bitcoin ETFs attracted $986.9 million in net inflows for the week ending September 4, continuing a three-week streak of positive flows. BlackRock's IBIT dominated with $691.5 million, accounting for about 70% of the total inflows, indicating ...
Bitcoin traded in a narrow range around $79,750 to $80,100 over the weekend, maintaining its position above key moving averages and keeping its broader uptrend intact. Trading volume dropped to $20.21 billion, signaling a market pause rather than a r...
