The equipment will support Project Matador’s second gas-fired power phase, but Fermi has not disclosed installation or first-power dates for the units.

Rack-scale AI systems are improving compute economics while consuming far more electricity, increasing the value of powered sites and onsite generation through 2028.

The AI infrastructure operator is pairing low-coupon convertible debt with capped calls and a delayed equity program as it ...

The AI labs are exploring smaller deployments alongside their gigawatt-scale commitments, targeting powered sites that could bring inference capacity online sooner.

Morgan Stanley raised its Cipher (NASDAQ: CIFR) price target to $54 from $43.50 on Friday, with analyst Stephen Byrd maintained an Overweight rating. The target implies about 219% upside from Cipher’s ...

The definitive agreement replaces a June letter of intent, but Blockfusion did not disclose contracted capacity, lease ...

Anthropic CEO Dario Amodei’s call to slow frontier AI development triggered a sharp but uneven market reaction across ...

Crusoe now employs more than 300 people across two Tulsa plants producing switchgear, controls and other electrical ...

Crusoe expanded both its AI cloud business and its physical manufacturing footprint. The company signed a multi-year ...

Data center operator and neocloud Crusoe signed a multiyear cloud agreement to supply Perplexity with Nvidia AI chips for model training and inference, Bloomberg reported Tuesday. The deal’s value and ...

On today’s Blockspace Live, we interviewed Alexandra Damsker, author of The Damsker Report, about her August 12 article, ...