IREN's strategic pivot to AI infrastructure, backed by renewable energy, could redefine data center sustainability and market competitiveness.
The post IREN plans $2B convertible notes for data center expansion and AI infrastructure appeared first on Crypto Briefing.
The post American Bitcoin becomes cheapest US BTC miner appeared on BitcoinEthereumNews.com.
American Bitcoin mined coins at $36,200 each in Q1 2026, cutting costs 23% and posting a 50% gross margin. Summary American Bitcoin cut its cost to produce one bitcoin by 23% to roughly $36,200 in Q1 2026, down from $46,900 in Q4 2025. The Trump family-linked miner posted a gross mining margin above 50% while most publicly listed rivals pivot capital toward AI infrastructure. Total fleet capacity reached 28.1 exahash by quarter-end, with the company holding roughly 7,021 BTC in its strategic reserve. American Bitcoin (ABTC), the Bitcoin mining company backed by the Trump family, cut its cost per coin 23% to roughly $36,200 in the first quarter of 2026, placing it among the lowest-cost public miners in the US. The company reported a gross mining margin above 50% alongside an $81.8 million net loss driven largely by a $117 million non-cash impairment on its bitcoin holdings. The improvement in co
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
IREN has signed a $3.4 billion IREN Nvidia deal to deploy up to 5 gigawatts of AI infrastructure over five years. Bitcoin miner turned AI infrastructure provider IREN has announced a five-year, $3.4 billion AI cloud contract with Nvidia, alongside…
Cowboy Space's orbital data centers could revolutionize AI infrastructure, addressing energy demands and opening new markets in space technology.
The post Cowboy Space raises $275M to build orbital data centers powered by solar energy appeared first on Crypto Briefing.
ATLANTA, May 11, 2026 — Red Hat today announced a collaboration with Core42, a G42 company and a leading provider of sovereign cloud and AI infrastructure, to architect and deliver sovereign […]
The post Red Hat and Core42 Set the Standard for Sovereign AI Infrastructure appeared first on AIwire.
The rapid growth of $DRAM highlights the increasing investor focus on AI infrastructure, but also raises concerns about market volatility and supply constraints.
The post Roundhill Memory ETF hits $6.5B in 36 days, shattering every ETF launch record appeared first on Crypto Briefing.
SoftBank's battery venture could reshape AI infrastructure by addressing energy constraints, enhancing scalability, and reducing reliance on traditional power grids.
The post SoftBank plans large-scale battery cell manufacturing for AI services appeared first on Crypto Briefing.
