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Elon Musk’s AI Start-Up and Nvidia Join Microsoft, BlackRock, MGX AI Fund

Elon Musk’s AI Start-Up and Nvidia Join Microsoft, BlackRock, MGX AI Fund

Two of the biggest forces in artificial intelligence (AI) — Elon Musk’s xAI and Nvidia — have joined BlackRock, Microsoft and investment fund MGX’s group to expand AI infrastructure...
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What’s the Impact of CoreWeave’s IPO on Core Scientific? Analysts Debate

What’s the Impact of CoreWeave’s IPO on Core Scientific? Analysts Debate

CoreWeave, one of the hottest players in the artificial intelligence (AI) sphere, filed for an initial public offering (IPO) on March 3. The company works closely with bitcoin (BTC)...
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Blockchain Firm Crossmint Used by Adidas, Red Bull Raises .6M in Funding

Blockchain Firm Crossmint Used by Adidas, Red Bull Raises $23.6M in Funding

Crossmint, a blockchain infrastructure firm helping companies build on-chain applications, has raised $23.6 million in funding. The company, which has over 40,000 users, aims to simplify blockchain adoption by...
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AI’s Lead Over Crypto for VC Dollars Increased in Q1’25, But Does This Race Really Matter?

AI’s Lead Over Crypto for VC Dollars Increased in Q1’25, But Does This Race Really Matter?

Crypto venture funding in the U.S. clocked in at approximately $861 million for the first three months of 2025, but was dwarfed by artificial intelligence's nearly $20 billion haul,...
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Core Scientific Shares Drop 15% as Microsoft Cuts CoreWeave Commitments

Core Scientific Shares Drop 15% as Microsoft Cuts CoreWeave Commitments

AI cloud provider faces setback as major client pulls back.
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Nvidia-backed CoreWeave To Acquire AI Developer Platform Ahead of IPO

Nvidia-backed CoreWeave To Acquire AI Developer Platform Ahead of IPO

The deal is valued at $1.7 billion, The Information reported.
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AI Firm CoreWeave Files for IPO, Citing .9B in Revenue

AI Firm CoreWeave Files for IPO, Citing $1.9B in Revenue

The company is expected to raise $4 billion at a $35 billion valuation.
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Hut 8 Reports 1M Net Income in 2024 While Expanding AI Infrastructure

Hut 8 Reports $331M Net Income in 2024 While Expanding AI Infrastructure

The bitcoin miner held over 10,000 bitcoin at the end of last year.
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Coinbase, NEAR, Others Form Alliance to Develop Open AI Services

Coinbase, NEAR, Others Form Alliance to Develop Open AI Services

The Open Agents Alliance (OAA) consists of NEAR AI, the payments and AI arms of crypto exchange Coinbase and an array of other blockchain and AI projects.
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Core Scientific Stock Surges After .2B Expansion of Data Center With CoreWeave

Core Scientific Stock Surges After $1.2B Expansion of Data Center With CoreWeave

The expansion will significantly increase Core Scientific’s AI and cloud computing capacity and increase total projected revenue to $10.2 billion over 12-year contract terms.
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