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…
CleanSpark expands power capacity, secures Texas site for AI push
In recent developments, cleanSpark expanded its power capacity and secured a Texas site for its new AI campus, reflecting a broader shift among Bitcoin miners toward high-performance computing. Looking closer,…
