News — AI supercycle headlines

World Construction Network6h agoneutral

Jacobs secures EPCM contract for second Hut 8 AI data centre

Jacobs will apply expertise from Louisiana’s River Bend project to Hut 8’s planned Texas AI data centre campus.

Insider Monkey6h agoneutral

Why Vertiv (VRT) Is Becoming More Important to AI Data Center Buildouts

Vertiv Holdings Co (NYSE:VRT) is one of the best AI enabler stocks to buy now. The latest AI infrastructure angle came on May 6, when Reuters reported that Hut 8 signed a 15-year, $9.8 billion lease for its Beacon Point data center campus in Texas, with the first phase covering 352 megawatts of IT capacity. […]

AEP

24/7 Wall St.1d agoneutral

Anthropic’s CEO: AI Demand Didn’t 2-3x as Expected, ‘We 80x’d the Business’

On a recent episode of The Pomp Podcast, investor Jordi Visser relayed an admission from Anthropic CEO Dario Amodei that reframes how to think about AI infrastructure demand. Anthropic, the maker of the Claude assistant, watched AI demand blow past every internal scenario they had modeled: “We planned our business for 2 or 3x [growth], ... Anthropic’s CEO: AI Demand Didn’t 2-3x as Expected, ‘We 80x’d the Business’

HUT NVDA

Insider Monkey1d agoneutral

Hut 8 (HUT) Draws Bullish Call After Major AI Data Center Deal

For Hut 8, the recent event in focus is its 15-year $9.8 billion AI data center lease at Beacon Point with 352MW capacity. The stock ranks tenth on our list of 12 AI Stocks Wall Street Is Watching Now. Following the event, on May 6, Piper Sandler analyst Patrick Moley raised the price target on the […]

HUT

Blockspace4d agoneutralVIDEO

IREN’s Nvidia Partnership and 5 GW Plan, Hut 8’s $9.7B Hyperscaler Deal, Strategy May Sell BTC to Own the Short Sellers

Everyone and their grandmother waited to disclose AI deals during quarterly earnings, with IREN, Hut 8, and Cipher Digital announcing new tenants and massive expansion plans.

CIFR HUT IREN

24/7 Wall St.6d agoneutral

Canaccord Just Nearly Doubled Hut 8 Price Target to $130 on AI Data Center Pivot

Canaccord raised its price target on Hut 8 (NASDAQ:HUT) stock to $130 from $70, keeping its Buy rating. The price target hike, delivered May 7, nearly doubles the firm’s prior valuation and reflects the company’s accelerating pivot from Bitcoin mining to AI data center infrastructure. A near doubling from a single firm ranks among the ... Canaccord Just Nearly Doubled Hut 8 Price Target to $130 on AI Data Center Pivot

HUT

Blockspace6d agoneutralVIDEO

American Bitcoin Expanding Operations in Alberta

American Bitcoin expands its Drumheller site, increasing hashrate by 1,112% using Bitmain units in partnership with Hut 8 to maximize Bitcoin per share.

HUT

Moby6d agoneutral

Hut 8 Corp. Q1 2026 Earnings Call Summary

Moby summary of Hut 8 Corp.'s Q1 2026 earnings call

HUT

BeInCrypto6d agoneutral

Bitcoin Miners’ Q1 Losses Mount as AI Pivots Accelerate

Top Bitcoin miners booked Q1 2026 net losses as crypto prices slumped, even as AI data center pivots accelerated.

CIFR CORZ HUT RIOT

Blockspace6d agoneutralVIDEO

The Last Pure-Play Bitcoin Miner

Matt from American Bitcoin joins the Block Space podcast live from Bitcoin 2026 in Vegas. They discuss the company’s 1,112% hashrate increase at Drumheller, the strategic partnership with Hut 8,…

HUT