Hyperscale Data, an AI data center company, sold about 65 Bitcoin worth $5.1 million to support the development of its Michigan data center. The company holds approximately 215 Bitcoin valued at $16.7 million as of August 30, 2026. The Michigan data center is key to a recently announced Master Services Agreement valued at around $1.2 billion, with expansion options potentially increasing this to over $3 billion. Hyperscale Data plans to divest its private equity arm, Ault Capital Group, in 2027, focusing on data center operations and digital asset holdings thereafter.
Alphabet CEO Sundar Pichai revealed that the company is facing challenges in rapidly expanding its AI capacity to meet demand. Meanwhile, competitor Anthropic has successfully secured 5 gigawatts of AI computing power, highlighting a significant deve...
Bitmine Immersion Technologies (BMNR) trades at a modest premium to book value with downside protection from liquid assets. Its MAVAN staking infrastructure generates substantial annualized pretax income with high gross margins, supporting dividends ...
Garmin introduced SmartDrive, a new autopilot system for sailboats up to 45 feet, featuring a brushless linear actuator with built-in ECU and rudder feedback sensor. This innovation offers improved durability, quieter operation, and precise steering,...
Garmin introduced the GMI 40, a modern multipurpose marine instrument featuring a 4.3-inch touchscreen display that integrates smoothly with Garmin's onboard electronics via NMEA 2000 and BlueNet networks. It offers real-time boating data, wireless c...
John Ternus has officially become Apple's CEO, succeeding Tim Cook after a 15-year tenure. Ternus faces significant challenges, including soaring memory costs that are driving up device prices and the need to advance Apple's AI strategy. With Tim Coo...
