Hyperscale Data has signed a Master Services Agreement with a California neocloud provider to deploy 20 MW of AI compute capacity at its Michigan data center, with an option to expand to 52 MW. The initial 10-year contract could generate over $1.2 billion in revenue, potentially exceeding $3 billion if the expansion option is exercised. The company is retrofitting 60,000 sq ft of its Michigan campus at a cost of $100-$120 million for the initial deployment, shifting power use from Bitcoin mining to AI workloads. This marks a strategic shift toward AI and high-performance computing, with plans to develop over 300 MW of total power capacity at the site in the future.
Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...
Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...
Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Industrial Development Funding (IDF) and Oaktree have committed $1.7 billion to support Bloom Energy's fuel cell technology for building AI cloud infrastructure for Nebius. This project will provide dedicated behind-the-meter power to meet the high c...
