CoreWeave signs $6B deal with Jane Street to provide AI compute power

In recent developments, jane Street said it needs GPU-based computing power to keep its trading and research operations competitive amid growing adoption of AI. Looking closer, market participants highlight key…

Trump Threatens Iranian Power Plants and Bridges on Easter, Confirms US Armed…

In recent developments, president Donald Trump posted a profane ultimatum on Truth Social on Easter Sunday, warning Iran it has until Tuesday to reopen the Strait of Hormuz or face…

From Trillion-Dollar Chips to Power Grid Stress: AI’s Breakneck Week Explained

In recent developments, this week saw the artificial intelligence (AI) industry rocked by a potential Microsoft-OpenAI legal dispute over a $50 billion Amazon cloud partnership, Nvidia announcing $1 trillion in…

Visa taps BVNK to power stablecoin payouts on Visa Direct

In recent developments, visa has chosen BVNK to power Visa Direct pilots using stablecoins, enabling pre-funded cross-border payouts to wallets in select markets. Looking closer, market participants highlight key drivers…

Trump wants tech firms to ‘pay their own way’ as power demand soars

In recent developments, the POTUS demanded tech giants cover data center power costs as US consumption surged, with Microsoft first to make changes this week. Looking closer, market participants highlight…

Bitcoin bear market still in play as power law sees $65K ‘do-or-die’ price

In recent developments, bitcoin power law analysis concluded that price may face a new battle around $65,000 if BTC spends 2026 as a year of consolidation. Looking closer, market participants…

Google Parent Alphabet to Buy Intersect Power for $4.75B to Fuel AI Data Cent…

In recent developments, alphabet Inc. has agreed to acquire clean energy developer Intersect Power LLC for $4.75 billion in cash, plus existing debt, as the Google parent races to secure…

How cheap power turned Libya into a Bitcoin mining hotspot

In recent developments, libya’s cheap power fueled a hidden Bitcoin mining boom, straining the grid and forcing authorities into an escalating crackdown. Looking closer, market participants highlight key drivers such…

CleanSpark lifts output and power as Bitcoin miners face strain

In recent developments, november production rose 11% and contracted power topped 1.4 GW, even as falling bitcoin prices and tighter margins pressure the mining sector. Looking closer, market participants highlight…

Microsoft Details AI’s Next Barrier: Data-Center Power Availability

In recent developments, satya Nadella, CEO of Microsoft, said the next barrier to scaling AI compute power will be power availability. Nadella warned this could leave Microsoft with large inventories…