Baseten raises $1.5B in new funding round, valuation soars to $13B

IREN's AI infrastructure pivot highlights the industry's shift from crypto mining, raising concerns about execution risks and shareholder value. The post IREN faces $21B funding gap to transition to AI infrastructure appeared first on Crypto Briefing.

SpaceX's valuation plunge highlights the volatility of high-growth tech stocks and the risks of inflated market caps amid shifting investor sentiment. The post SpaceX loses $490B in value, shares drop 20% in 48 hours appeared first on Crypto Briefing.

IREN leads public Bitcoin miners with a projected $21.1 billion AI infrastructure funding gap, underscoring the capital-intensive nature of converting mining sites into data centers.

Meta's strategic AI infrastructure expansion, driven by Powell McCormick's Wall Street ties, could redefine tech-finance collaboration dynamics. The post Meta’s Dina Powell McCormick taps Wall Street connections to fund AI infrastructure push appeared first on Crypto Briefing.

CPP Investments, Canada’s largest pension fund, has committed up to ₹70 billion (approximately $741 million) to Hyderabad-based data center operator CtrlS, backing India’s expanding role in global AI infrastructure. The deal involves a ₹40 billion stake acquisition giving CPP Investments an 8.2% share in CtrlS, plus a joint venture to develop hyperscale data center campuses […]

DRAM's rapid growth highlights a shift towards targeted AI infrastructure investments, emphasizing memory's critical role in tech evolution. The post Roundhill Memory ETF $DRAM crosses $20B in assets under management appeared first on Crypto Briefing.

Nvidia's rise in Ethernet switching signals a shift in AI infrastructure dynamics, challenging established players and reshaping market strategies. The post Nvidia becomes the top vendor in data center Ethernet switching revenue appeared first on Crypto Briefing.

Alibaba's rapid data center expansion in Tokyo underscores its strategic push to dominate AI infrastructure, impacting global tech competition. The post Alibaba Cloud launches fifth Tokyo data center as AI infrastructure race heats up appeared first on Crypto Briefing.