IREN Limited announced an 800MW data center campus in Bundey, South Australia, set to begin energization in 2028. The project secures a high-voltage transmission connection and submarine fiber links to key Asia-Pacific markets, addressing growing AI infrastructure demand. It aims to create over 700 jobs during construction and operation, leveraging South Australia's 100% renewable energy grid target by 2027. This marks IREN's first Australian data center and a major investment in the region's AI and tech ecosystem.
Shares of Zhengye Biotechnology surged over 1047% to regain Nasdaq compliance after a minimum bid price warning. Advanced Biomed and Axe Compute also saw notable gains following a reverse stock split and Russell Microcap Index inclusion, respectively...
IREN announced $2.8 billion in new multi-year contracts with leading AI developers, boosting its 2026 annualized run-rate revenue (ARR) target to over $4 billion. The company’s AI Cloud capacity is rapidly expanding, aiming for 480MW in 2026 and 1.2G...
WGMI is transitioning from being solely a Bitcoin mining investment to focusing on miners moving into AI infrastructure. The recent 26% price drop reflects market adjustment rather than a decline in the company's fundamentals, making current valuatio...
