News

Applied Digital (APLD) stock has fallen about 47% over the trailing three months. The business moved the other way. Contracted lease value more than doubled between its fiscal Q3 2026 and fiscal Q4 2026 reports. The upside case here is simple, but not quick: capacity the company has already sold still has to be built, come online and start paying rent.

Former Hut 8 (NASDAQ: $HUT) Chief Executive Officer (CEO) Jaime Leverton has been appointed to lead cryptocurrency ...

Wells Fargo initiated coverage of Core Scientific, Hut 8, Cipher Mining and TeraWulf with ‘Overweight’ ratings.

Dan Loeb’s Third Point disclosed exposure to Hut 8 Corp. (NASDAQ:HUT) and Riot Platforms, Inc. (NASDAQ:RIOT) in its latest quarterly filing. The security types matter: it owned Hut 8 common shares and Riot notes, not matching equity positions in two AI infrastructure companies. Insider Monkey’s database counted 73 Hut 8 holders in Q2 2026 versus […]

Venture capitalist Bill Tai explains why AI could transform the global economy by reshaping work

The prospective loan would put project-scale federal capital behind Fluidstack, the AI cloud company supporting TeraWulf’s multibillion-dollar Lake Mariner buildout.

Hut 8 Corp. (NASDAQ:HUT) is increasingly positioning itself as an AI infrastructure company rather than simply a Bitcoin miner, opening up potentially significant new growth opportunities as demand for power and data-center capacity accelerates. The company’s strategy is shifting away from relying primarily on Bitcoin economics and toward monetizing its power portfolio and data-center infrastructure […]

Bitcoin’s (CRYPTO: $BTC) win streak continued for a third consecutive week as the cryptocurrency’s pric...

Opti9 Technologies has recently expanded its presence in the Canadian cloud market by acquiring Hut 8's Canadian managed cloud business. This transaction enhances Opti9’s cloud services and geographic reach within Canada, allowing customers to access a more robust technology platform and an experienced team. The acquisition also includes a multi-year colocation agreement, enabling Opti9 to operate its cloud infrastructure at Hut 8's Canadian data centers, providing increased flexibility for...

Druckenmiller's family office bought $125.6 million of Bitcoin miners. The bet is down roughly $30 million on paper.

Sam Altman just called out the AI compute buildout as heading toward unsustainable territory, and six publicly traded names are squarely in the crosshairs. Their disclosed contracts tell one story, but their debt loads and development pipelines tell another.

Hut 8 stock has delivered a very strong 1 year return, yet current valuation checks suggest the shares screen as expensive rather than a clear bargain. After a sharp run up, investors are now weighing that momentum against a low value score and an overvalued signal on market multiples. Hut 8 is up 183.1% over the past year, which puts recent share price gains well ahead of what broad valuation tools currently support. The long term AI data center agreements linked to the Beacon Point campus...

Anthropic has signed a $35 billion cloud computing agreement with Nvidia-backed Lambda, the Wall Street Journal reported, structured around Hut 8's Beacon Point data center in Texas. Hut 8 owns…

Nvidia is also reportedly holding the data-center lease

The AI infrastructure arms race just got significantly bigger

Anthropic has agreed to a $35 billion deal to buy computing power from Nvidia-backed cloud provider Lambda, the Wall Street Journal reported, citing unnamed sources. The new capacity will be sourced from a Texas data center operated by bitcoin miner Hut 8, with Nvidia holding the underlying...

All three major US stock indexes were down in late-morning trading Tuesday, as bond yields in the US

The agreement connects Anthropic’s compute demand with Lambda’s GPU financing and Hut 8’s 1 GW Beacon Point campus in Texas.

Artificial intelligence (A.I.) startup Anthropic is set acquire computing power from Hut 8’s (NASDAQ: $HUT) T...

Anthropic (ANTH.PVT) has signed a $35 billion cloud deal with Lambda (LAMD.PVT), according to Wall Street Journal reporting. Lambda is backed by Nvidia (NVDA). Morning Brief Host Julie Hyman is joined by Yahoo Finance Breaking Business News Reporter Jake Conley and Senior Reporter Pras Subramanian to take a closer look at this network of AI deals — Nvidia owns the lease on the data center site, which will be built by Hut 8 — and weigh in on the circular nature of the AI landscape.

Hut 8 continues to have momentum at its back.

Nvidia would hold the lease on the Texas data center Hut 8 is developing

The agreement involves a Texas data center being developed by Hut 8 in Nueces County, adding to a string of major computing contracts

Nvidia stock was edging down early Tuesday as investors assess its role in the latest AI cloud-computing deal with Anthropic.

The deal will bring additional Nvidia-powered capacity online to support demand for Anthropic’s Claude AI product.

Anthropic has reportedly signed a $35 billion cloud-computing agreement with Nvidia Corp (NASDAQ:NVDA)-backed Lambda, with the latter itself holding the lease for the Texas data center that will support the deal. Anthropic Locks In $35 Billion in AI Computing The deal will give Anthropic access to computing capacity from Lambda as the AI company races to secure the infrastructure needed to support growing demand for its Claude AI products, the Wall Street Journal reported, citing people familiar

Anthropic signed a $35 billion deal for access to cloud computing power from a US-based startup backed by Nvidia, adding to a string of such deals clinched by the artificial intelligence (AI) developer amid fierce competition for advanced computing power.Anthropic also recently signed a similar six-year-long deal worth $45 billion with Nscale, a cloud provider based in London, which will give Anthropic capacity at a facility in West Virginia, a source confirmed to AFP.  Just this year, Anthropic

A report from The Wall Street Journal late Monday said that Anthropic and Nvidia have signed a cloud-computing deal worth $35 billion, backed by cloud provider Lambda and Hut 8, will develop the data center for the same.

Anthropic PBC agreed to a $35 billion computing deal with Lambda, a cloud provider backed by Nvidia Corp., part of an effort to quickly expand its AI capacity, according to a person familiar with the matter.

Nvidia will supply the chips to the Texas data center and hold the lease, again using its financial might to boost a customer.