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Hut 8 Posts $134M Q1 Loss Amid Strategic Shift Toward Energy Infrastructure and Bitcoin Mining

Hut 8 Posts $134M Q1 Loss Amid Strategic Shift Toward Energy Infrastructure and Bitcoin Mining

Bitcoin Magazine Hut 8 Posts $134M Q1 Loss Amid Strategic Shift Toward Energy Infrastructure and Bitcoin Mining Hut 8 Corp. (Nasdaq | TSX: HUT) re...
The Week’s Biggest Funding Rounds: Safe Superintelligence’s $2B Raise Leads The Way

The Week’s Biggest Funding Rounds: Safe Superintelligence’s $2B Raise Leads The Way

Another week and another big artificial intelligence round. All in all it was an active week with a half-dozen rounds of $100 million or more, with...
Power Consumption Is Rising. Energy Startup Funding? Not So Much

Power Consumption Is Rising. Energy Startup Funding? Not So Much

Although energy consumption is on the rise, last year global investment in energy startups hit its lowest point in four years. Will power-hungry AI...
VanEck Analyst Says Retaliatory Steps From China and EU Could Boost Narrative for Crypto – Here’s Why

VanEck Analyst Says Retaliatory Steps From China and EU Could Boost Narrative for Crypto – Here’s Why

An analyst at a prominent global investment firm says that economic retribution from China and the European Union (EU) against new US tariffs could...
The Week’s Biggest Funding Rounds: OpenAI Easily Tops Massive Week

The Week’s Biggest Funding Rounds: OpenAI Easily Tops Massive Week

This was a week right out of the free-spending days of 2021. Huge rounds were abundant — led by the biggest of them all as OpenAI’s massive $40 bil...