a16z Backs OpenGradient in $9.5M Verifiable AI Round

The post Vertiv (VRT) Stock Soars to New Peaks Amid AI Infrastructure Boom appeared on BitcoinEthereumNews.com. Key Highlights First-quarter 2026 revenues reached $2.65 billion, representing a 30.1% annual increase and surpassing analyst projections Earnings per share of $1.17 on an adjusted basis significantly exceeded the $1.00 consensus forecast Shares have climbed 115% since the start of the year, trading at $340.02 and approaching the 52-week peak of $359.84 Wall Street sentiment remains positive with 21 of 26 analysts maintaining Buy recommendations, despite average targets trailing current valuations Management upgraded annual EPS projections to a range of $6.30–$6.40 while setting second-quarter outlook at $1.37–$1.43 Vertiv (VRT) shares are hovering near record territory following exceptional first-quarter results driven by accelerating artificial intelligence infrastructure buildouts. Vertiv Holdings Co, VRT The infrastructure solutions provider delivered first-quarter revenu

TeraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of transitioning from Bitcoin mining to AI infrastructure.

Insider Brief PRESS RELEASE — Tessera Labs announced $60 million in oversubscribed funding led by Andreessen Horowitz (a16z) to accelerate its mission of bringing AI-native automation to enterprise transformation. Foundation Capital, Myriad Venture Partners, and Osage University Partners also participated. The announcement arrives as the global SAP community convenes in Orlando for its flagship annual event, underscoring […]

a16z partner David George argues AI will reshape work instead of erasing it.

AI startup Pit is led by the cofounders of European scooter giant Voi and backed by a16z, which is leading the startup’s $16 million seed round.

SANTA CLARA, Calif. and CORNING, N.Y., May 7, 2026 — NVIDIA and Corning Incorporated have announced a multiyear commercial and technology partnership to dramatically expand U.S.-based manufacturing of the advanced optical […] The post NVIDIA and Corning Announce Long-Term Partnership to Strengthen US Manufacturing for AI Infrastructure appeared first on AIwire.

Ethos says it is onboarding 35,000 experts per week

Insider Brief Nyobolt has raised $60 million in series C funding to expand its ultra-fast charging and high-power battery systems for autonomous robots and AI infrastructure, with valuation topping $1 billion. The funding round was led by Symbotic, with participation from IQ Capital, Latitude, Scania Invest and CBMM. The company said revenue increased fivefold year […]