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Hut 8 is fully commercializing its Texas AI data center campus with a second $9.8 billion lease

The 15-year deal doubles an existing tenant's contracted capacity at the 1 GW Beacon Point campus to 704 MW [...]

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thenextweb
Hut 8 signs a 15-year, $9.8bn lease for the first phase of its Texas AI data centre

The Beacon Point lease, anchored by an unnamed investment-grade tenant, lifts Hut 8’s contracted AI capacity to 597 MW and $16.8bn in base-term value. The Bitcoin-miner-to-AI-landlord pivot is now s [...]

Match Score: 105.37

Destination
Why do AI data centers use so many resources?

With the AI boom, construction of new data centers has skyrocketed, and not without consequence — some communities that count these facilities as neighbors are now facing water shortages and straine [...]

Match Score: 82.92

venturebeat
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure

Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]

Match Score: 63.32

Destination
Hut 8 (HUT) Moves 16.7% Higher: Will This Strength Last?

Hut 8 (HUT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not tran [...]

Match Score: 63.03

Destination
Google plans to invest $40 billion towards building data centers in Texas

Google is getting ready to spend $40 billion to increase its data center footprint in Texas. In an announcement posted on its website, Google said it's planning to build more infrastructure for i [...]

Match Score: 51.27

Destination
SpaceX could soon have more control over Texas public road and beach closures

SpaceX could soon have greater control over the recreational activities of South Texas residents. The Houston Chronicle (via Gizmodo) and San Antonio Express-News report that a pair of state senate bi [...]

Match Score: 49.21

Destination
How to buy (and try) the Meta Ray-Ban Display glasses

Meta's Ray-Ban Display glasses are now on sale, but actually buying a pair will be a bit more complicated than ordering a pair of Meta's other smart glasses. That's because Meta isn [...]

Match Score: 42.64

Destination
Texas is getting ready to ban social media for anyone under 18

Texas could become the next US state to lay down the law with social media platforms. A Texas bill that would ban social media use for anyone under 18 recently moved past the Senate committee and is d [...]

Match Score: 41.74

Destination
Google will pay Texas $1.4 billion to settle data privacy violation lawsuits

Google has agreed to pay the state of Texas $1.375 billion to settle two lawsuits accusing the company of violating its residents' data privacy rights. Texas Attorney General Ken Paxton sued Goog [...]

Match Score: 41.29