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Tag

high-performance computing

3 articles

Digital Assets152d ago

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

Research & Analysis165d ago

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.

U.S. Equities166d ago

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.