Market Update
Over the last week, around 2/3 of AI infra companies we track posted positive gains, with TE (40.11%), CRWV (26.33%) and LITE (24.68%) leading top gains. Bitcoin mining Index had ~2.7% decline over the last 5 days.
Major Company Updates
- Bitdeer announces $4.7 billion, 16-year AI/HPC data center lease for Tydal, Norway campus (link)
- IREN completes acquisition of Mirantis (link)
- AMD acquires Taalas to advance compute solutions for rapidly growing AI inference market (link)
- Sharon AI announces US$373m five-year AI cloud service agreement (link)
- Galaxy and BNY collaborate to advance digital asset infrastructure (link)
- CoreWeave signs multi-year agreement with Solidigm to strengthen its integrated AI cloud platform (link)
- Bloom Energy continues to set the standard for AI onsite power with expanded MiTAC partnership (link)
- Lovable and Cerebras partner to power AI software creation on the world's fastest inference platform (link)
- IMC selects CoreWeave as firm deepens research investment (link)
This week, we'll have more companies hosting quarterly earning calls. If you don鈥檛 have time to sit through the full sessions, check out the highlights or transcripts for the key updates.
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