Market Update
Over the last week, both the AI infrastructure and Bitcoin mining sectors posted a minor loss.
Major Company Updates
- Core Scientific and AMD announce infrastructure partnership (link)
- Meta announces new strategic venture with BlackRock to develop data center in El Paso (link)
- Galaxy expands data center footprint with acquisition of 500 acre campus in McGregor, Texas (link)
- Ilya Sutskever's Safe Superintelligence Inc. and NVIDIA announce long-term strategic partnership (link)
- Bloom Energy reports record second quarter 2026 financial results and raises full year 2026 guidance (link)
- Strategy initiates STRC repurchases and announces ongoing buyback policy (link)
- Leidos and CoreWeave collaborate to accelerate delivery of AI capabilities for defense, national security and intelligence missions (link)
- Flow Traders selects CoreWeave to power foundation model training for AI-driven quantitative trading (link)
This week, several companies will host their earnings calls. If you don鈥檛 have time to sit through the full sessions, check out the highlights or transcripts for the key updates. For example, I hadn鈥檛 realized Applied Digital (APLD) had separated its cloud business into ChronoScale (NASDAQ: CHRN), a setup similar to Bit Digital and WhiteFiber.
As always, feel free to drop us a message for any suggestions, feedback, or just to say hi.
Thanks for being part of our journey - see you next week!
Cindy & the Ziven Team 馃挏