Applied Digital taps $2.35B junk-bond market to build CoreWeave’s AI data center

Meta has agreed to lease a 168-megawatt AI data center in India from Reliance Industries. The facility will rise in Jamnagar, and Reliance will deliver it within two years. The deal adds new AI infrastructure for Meta while extending its…

Meanwhile, the Facebook and WhatsApp parent company has been skirmishing with the EU Commission over Meta’s blocking of rival AI bots from the WhatsApp business edition.

Ambrosia Energy's rapid solar-battery deployment could revolutionize energy infrastructure, meeting rising AI data center demands sustainably by 2030. The post Ambrosia Energy plans solar and battery plants to meet AI data center demand by 2030 appeared first on Crypto Briefing.

BizLink's acquisition could significantly enhance its role in the AI data center supply chain, impacting market dynamics and competition. The post BizLink acquires Blackstone’s Interplex Datacom for $850M to boost data center capabilities appeared first on Crypto Briefing.

Meta's collaboration with Reliance to establish an AI data center in India signifies a strategic shift towards localizing tech infrastructure, enhancing digital growth. The post Meta partners with Reliance to build AI data center in India appeared first on Crypto Briefing.

The 168-megawatt facility will support Meta's global AI computing needs and can be expanded over time.

Hyperscale's Bitcoin strategy intertwines its AI data center operations with crypto market dynamics, potentially amplifying investor exposure to Bitcoin's volatility. The post Hyperscale Data increases Bitcoin holdings by 4.62 BTC to 709 BTC appeared first on Crypto Briefing.

The founders' stock sales highlight potential misalignment with investors, as CoreWeave's valuation relies heavily on future growth expectations. The post CoreWeave founders sell $2.3B in stock since IPO as shares surge 150% appeared first on Crypto Briefing.