The post IREN Nvidia deal worth $3.4B over five years appeared on BitcoinEthereumNews.com.
IREN has signed a $3.4 billion IREN Nvidia deal to deploy up to 5 gigawatts of AI infrastructure over five years. Summary IREN will provide Nvidia with managed GPU cloud services worth $3.4 billion over five years for the chipmaker’s internal AI and research workloads. Nvidia received a five-year warrant to purchase up to 30 million IREN shares at $70 each, representing a potential $2.1 billion equity stake. The partnership builds on IREN’s prior $9.7 billion agreement with Microsoft, pushing the company’s total committed revenue past $15 billion. Bitcoin miner turned AI infrastructure provider IREN has announced a five-year, $3.4 billion AI cloud contract with Nvidia, alongside a broader strategic partnership to build out 5 gigawatts of next-generation infrastructure. The deal was disclosed alongside IREN’s third-quarter FY2026 earnings on May 7. IREN will provide Nvidia with managed GPU cloud s
The post OpenAI spins out DeployCo with $4B funding to embed AI engineers directly into enterprises appeared on BitcoinEthereumNews.com.
OpenAI is no longer content just building the models. Now it wants to install them too, on-site, with its own engineers sitting in your office. The company has launched The Deployment Company, or DeployCo, a joint venture backed by more than $4B from a consortium of 19 investors. The venture carries a $10B valuation and is led by Brad Lightcap, OpenAI’s COO. Its mission: send OpenAI engineers directly into enterprise clients to wire up AI systems across sectors like healthcare, manufacturing, and beyond. Who’s writing the checks The investor roster reads like a private equity all-star lineup. TPG leads the consortium, with Brookfield, Bain Capital, SoftBank, and Dragoneer among the 19 firms participating. OpenAI itself is committing up to $1.5B to the venture, giving it meaningful skin in the game. Here’s the thing that makes this deal unusual: invest
The post MoonPay Acquires Dawn Labs and Launches Dawn CLI AI Tool for $22 Billion Prediction Markets Push appeared on BitcoinEthereumNews.com.
CROSS News Payments firm MoonPay has acquired AI startup Dawn Labs for an undisclosed sum and immediately rolled out Dawn CLI, an AI-driven trading tool aimed at users of prediction market platforms such as Polymarket and Kalshi. The new product is designed to translate plain-English instructions into custom trading strategies, automating workflows that active traders currently stitch together from social media signals and cross-platform positions. Dawn Labs founder Neeraj Prasad framed the launch as a push to democratize sophisticated event-contract trading. MoonPay said prediction markets have become one of the fastest-growing retail categories, and Dawn CLI is positioned to simplify execution across what remains a fragmented venue landscape. Bank of England Governor Andrew Bailey signaled what he called a coming wrestle with Washington over g
District technology leaders say schools are not facing a sudden AI bandwidth crisis, but AI is steadily transforming the architecture of school networks, devices, cybersecurity systems and budgets.
The semiconductor surge highlights AI's transformative impact on tech markets, with potential volatility if AI growth or supply dynamics shift.
The post Intel, Micron and Qualcomm shares jump to records at open appeared first on Crypto Briefing.
Thinking Machines, the AI company founded by former OpenAI CTO Mira Murati, announced Monday that it's working on something called "interaction models." The idea behind interaction models, according to Thinking Machines, is that they will let people "collaborate with AI the way we naturally collaborate with each other - they continuously take in audio, video, and text, and think, respond, and act in real time."
As explained by Thinking Machines:
Today's models experience reality in a single thread. Until the user finishes typing or speaking, the model waits with no perception of what the user is doing or how the user is doing it. Until th …
Read the full story at The Verge.
Decentralized wallet and AI developers are the latest focus of Tether’s expanding open-source funding efforts. Blockchain platform Tether is putting fresh capital behind developers building independent crypto and AI tools. New grants will fund projects tied to wallets, payments, browser extensions, and on-device AI systems. Company executives say the goal is to support software that […]
The post Tether Opens Grants Initiative to Fund Wallet and Payment Tool Developers appeared first on Live Bitcoin News.