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Robinhood Crypto Revenue Plunges 47% as Galaxy Digital Posts $216M Loss in Q1 2026
Robinhood reported a sharp decline in cryptocurrency revenue to $134 million in Q1 2026, while Galaxy Digital recorded a $216 million net loss amid a 21% crypto market cap decline.
SpaceX Warns Space Data Centers May Not Be Commercially Viable in IPO Filing
SpaceX disclosed in its IPO registration filing that its orbital AI data center project may prove commercially unviable due to high technical complexity and unproven technologies.
Iran Conflict Threatens Asia's Semiconductor Production and Data Center Expansion
The blockade of the Strait of Hormuz has driven up energy prices, created helium shortages, and put semiconductor manufacturing in South Korea, Taiwan, and Singapore at risk.
Hut 8 Unveils 'Lego Approach' for Switching Capacity Between AI and Bitcoin Mining
Hut 8 has developed a modular data center architecture that enables rapid reallocation of computing power between AI workloads and Bitcoin mining depending on market conditions.
Cortical Labs Builds Data Centers Powered by Living Human Brain Cells
Australian startup Cortical Labs has begun constructing two data centers that use lab-grown human neurons as computational units. Facilities are being set up in Melbourne and Singapore.
Core Scientific Secures $500M Credit Facility from Morgan Stanley for AI Data Center Expansion
Bitcoin miner Core Scientific has obtained a $500 million credit facility from Morgan Stanley to build AI-focused data centers, marking the company's accelerating pivot away from cryptocurrency mining.
Bitcoin Miners Dump Crypto Reserves to Fund AI Infrastructure Pivot
Major public Bitcoin mining companies are liquidating their BTC holdings to finance a transition toward AI data center infrastructure. MARA Holdings, the largest public miner by reserves, denied rumors of a massive sell-off of its 53,822 BTC.
Bitcoin Miners Pivot to AI: Dataprana Founder on Industry's Massive Transformation
Dataprana founder Arseniy Grusha explains why major Bitcoin miners are converting facilities for AI workloads, with infrastructure costs surging 25x and hashrate expected to decline.
Nvidia Doubles Net Profit as AI Chip Demand Hits Record Highs
Nvidia reported Q4 revenue of $68.13 billion and net income of $43 billion, nearly double the prior year. CEO Jensen Huang also addressed the Anthropic-Pentagon dispute and fears of an AI-driven economic downturn.
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