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HIVE's BUZZ HPC signed a five-year, $350M GPU cloud deal, adding $70M in ARR, its second large NVIDIA cluster deal in two months.
Why high productivity could still lead to a crash.
Gone are the days of capital-light and cash-flow-rich technology businesses such as internet search, e-commerce and social media. The game now is artificial intelligence, and you had better have hard assets and deep pockets to play, the kind of money few companies have laying around.
Odd Lots: OpenAI, Hugging Face and the AI Danger (Podcast)
Is Washington still asleep at the wheel?
HIVE Digital to deliver 2,016 Nvidia Blackwell Ultra GPUs in five-year deal
Alphabet hires banks for debut Australian dollar bond issue amid AI boom: report
AI video startup Higgsfield hits $5.4B valuation with Goldman, Intel backing: FT
Alibaba to sell Lingxi Games for over $1.5B to Trustar as AI focus grows: report
Japan's Rakuten to partner with German AI defense drone startup