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IREN closed a $3B convertible notes offering as the Bitcoin miner turned AI cloud firm funds growth after Nvidia and Microsoft deals.
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IREN has signed a $3.4 billion IREN Nvidia deal to deploy up to 5 gigawatts of AI infrastructure over five years. Bitcoin miner turned AI infrastructure provider IREN has announced a five-year, $3.4 billion AI cloud contract with Nvidia, alongside…
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Microsoft is reconsidering one of its biggest climate commitments as spending on artificial intelligence infrastructure continues to surge. According to a Bloomberg report citing people familiar with the matter, the company is debating whether to delay or drop its “100/100/0”…
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Microsoft, Google, and xAI have agreed to provide the U.S. government with early access to upcoming artificial intelligence models, allowing officials to examine potential national security risks before the systems are released to the public. The arrangement will enable the…
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Microsoft and OpenAI restructured their landmark 2019 partnership on April 27, converting Microsoft’s cloud license from exclusive to non-exclusive, allowing OpenAI to sell its full model suite on Amazon Web Services and Google Cloud for the first time, as Amazon…
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The U.S. Department of Defense has expanded its push into artificial intelligence, securing fresh agreements with several major technology firms to deploy advanced AI systems across classified military networks. According to a report released Friday, Nvidia, Microsoft, Reflection AI, and…
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OpenAI is expanding access to its generative AI models by bringing them onto Amazon Web Services, a move that follows closely on the heels of a revised agreement with Microsoft that loosens earlier exclusivity around cloud usage. According to reports,…
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Space and Time launches Dreamspace, a Microsoft-backed AI app builder for creating on-chain apps without coding.
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Microsoft has introduced a new open-source toolkit focused on runtime security to enforce stricter governance over enterprise AI agents. The toolkit is built around runtime security, addressing concerns that modern language models are no longer limited to advisory roles but…
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Microsoft said on Friday it plans to invest $10 billion in Japan over the next four years, focusing on artificial intelligence data centres and supporting infrastructure. The announcement followed a meeting between Microsoft President Brad Smith and Japanese Prime Minister…
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Big Tech firms have come together to back a new industry body focused on standardizing how AI agents handle payments across crypto and traditional rails. The Linux Foundation on Thursday announced the launch of the x402 Foundation, a governance initiative…
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Crypto exchange Coinbase teamed up with Microsoft and Europol to take down phishing-as-a-service platform Tycoon 2FA. In a Wednesday announcement, Coinbase said that it helped trace blockchain-based transactions linked to the platform, and as a result, law enforcement was able…
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Microsoft does not want to relinquish control over OpenAI, which is threatening a lawsuit.
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SXT crypto’s price spiked today after Microsoft announced it’s adding Space and Time’s blockchain data to its Fabric analytics platform. SXT (SXT), the native token of decentralized data platform Space and Time, rose as high as 37% to an intraday…
SXT
Space and Time
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Space and Time, a blockchain for ZK-proven data, launched its mainnet.
Follow-up
Is OpenAI building the next internet-scale company, or is its $174 billion forecast facing pressure from rivals who’ve opted for openness and speed over vertical integration? OpenAI’s $174 billion vision for 2030 In an industry where bold bets often blur…
