Tag
High-Performance Computing
3 articles

IREN Raises $3 Billion for AI Infrastructure, Cuts Bitcoin Mining Dependence
The convertible notes offering funds high-performance computing infrastructure as the miner seeks revenue beyond block rewards
Riot's Data Center Revenue Surge and AMD Deal Signal Miner Evolution, De-Risking Strategy
Riot Platforms' strategic pivot into high-performance computing, marked by increased data center revenue and a doubled AMD partnership, fundamentally redefines its business model.
Riot Platforms Surges as AI Data Center Revenue Validates Diversification Strategy
Riot Platforms Inc. saw its stock rally today after reporting AI data center revenue that surpassed analyst estimates, signaling a successful pivot for the Bitcoin miner.