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Nvidia Faces Class-Action Lawsuit Over Crypto Mining Revenue Data
A U.S. federal judge has officially certified a class-action securities fraud lawsuit against technology giant Nvidia and its CEO, Jensen Huang. The litigation stems from allegations that the company intentionally misle…
OpenAI and Oracle Halt Texas Data Center Expansion as Meta Steps In
The landscape of high-performance computing and artificial intelligence infrastructure is shifting as OpenAI and Oracle have reportedly suspended plans for a major data center expansion in Abilene, Texas. According to r…
Bitcoin Miner IREN to Expand AI Capacity with 50,000 Nvidia B300 GPUs
IREN, a prominent Bitcoin mining firm formerly known as Iris Energy, has announced a significant expansion of its high-performance computing capabilities. The company revealed plans to acquire more than 50,000 Nvidia B3…
Continue Capital Faces $1.12M Floating Loss on AI Sector Positions
Data from the decentralized trading platform Hyperliquid indicates that a wallet address associated with the investment firm Continue Capital is currently navigating significant market volatility. The entity has establi…
ARK Invest Predicts Custom AI Chips to Capture 33% Market Share by 2030
ARK Invest, the asset management firm led by Cathie Wood, has released a new forecast indicating a significant shift in the hardware landscape powering artificial intelligence and decentralized computing. According to t…