Search results for Iren
AI & Enterprise
CoreWeave backlog tops $100 billion; AI, power, server and memory stocks rise
AI infrastructure shares rose on Aug. 12 after CoreWeave, Super Micro Computer and Nebius Group reported quarterly results above market expectations. Nebius gained about 23 percent and CoreWeave rose about 19 percent. Investors focused on CoreWeave’s backlog, which topped $100 billion, up about 50 percent from the previous quarter, with another $25 billion in orders after quarter-end. Funding costs, and limits tied to power and cooling, remained key issues.
Crypto
Anthropic signs 20-year, $9 billion AI compute deal with Riot
Bitcoin miner Riot Platforms has signed a 20-year compute agreement with Anthropic worth $9 billion. Under the deal, Anthropic will lease 191 megawatts of power at Riot’s Rockdale, Texas campus. Riot had previously described the counterparty only as a leading frontier AI company. The contract is seen as a step toward shifting Riot’s business from bitcoin mining to AI infrastructure leasing, with revenue projected to rise further if extension options are exercised.
Crypto
Binance adds 10 tokenised stocks including ASML and Netflix, expanding RWA market
Binance has expanded its tokenised stock product line, bStocks, by adding 10 new items to its spot market, including tokens linked to ASML, Netflix and Super Micro Computer. Trading starts at 1200 UTC on Aug. 5 and spot algorithmic trading bots are supported. Binance will offer fee waivers for conversions for one hour after listing and run a zero maker-fee campaign through Aug. 31. It also offers 1-to-1 conversion from underlying shares.
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Crypto
Texas pauses approvals for new grid-connected data centres; existing bitcoin miners relieved
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Crypto
TeraWulf signs 20-year deal with Anthropic in bet on AI data centre
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Crypto
Trump earns 3.5 trillion won from crypto as investors post losses, analysis shows
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AI & Enterprise
Wyoming implements executive order to attract AI data centres, pledges protections for water use and residential power rates
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Crypto
Bitcoin miners surge on AI infrastructure boom, spotlighting power assets
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AI & Enterprise
AI data centre bottleneck is power, lifting value of bitcoin miners
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Crypto
Goldman Sachs reshuffles crypto ETFs, keeps bitcoin and exits XRP and Solana
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Crypto
Bitcoin bullish bets return; retaking $85,000 hinges on ETFs
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AI & Enterprise
Nvidia emerges as major investor in AI ecosystem, puts in $40 billion this year
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AI & Enterprise
IREN to acquire open-source cloud infrastructure firm Mirantis
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Crypto
Bitcoin slumps but mining stocks rise, up as much as 85 percent in 2026
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Crypto
Bitcoin buying detected targeting $88,000 despite war fears
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Crypto
Bitcoin: three factors behind break below $60,000