Investment firm Coatue Management is setting up a new powered land venture to serve data center and cloud operators. Its ...

Fluidstack, a startup that builds specialized data centers for AI companies, is in talks to raise a $1 billion round at an $18 billion valuation, potentially led by Jane Street, Bloomberg reports.

The latest analyst update on Hut 8 lifts the fair value estimate from US$75.94 to US$115.75 per share, a sizable reset in the modeled price target. Research firms are tying this shift to the company’s ...

Coatue, one of the biggest names in venture capital, has a new venture that is reportedly buying land near large power sources.

Hut 8 Corp. (NASDAQ: HUT) stock rose Wednesday after the company announced a long-term lease agreement that solidifies its position in the fast-growing AI data center market. The company has signed a ...

Data center firm Hut 8 has announced the sale of $3.25 billion in investment-grade bonds to fund the development of its 245MW River Bend campus in Louisiana. River Bend is an AI data center campus in ...

Hut 8's (HUT) transaction with Anthropic (ANTHRO) and FluidStack to provide artificial intelligence data center capacity, which features a financial backstop with Google (GOOG) (GOOGL), is a "new high ...

CNBC's "Power Lunch" team talks about energy infrastructure, Hut 8's recent deal with Fluidstack and Anthropic, data center demand and more with Hut 8 CEO Asher Genoot. Got a confidential news tip? We ...

On a recent episode of The Pomp Podcast, investor Jordi Visser relayed an admission from Anthropic CEO Dario Amodei that reframes how to think about AI infrastructure demand. Anthropic, the maker of ...

Wall Street is arguing that a group of former Bitcoin mining companies could emerge as major beneficiaries of the artificial intelligence infrastructure boom, thanks to one increasingly scarce asset: ...