Market Update
Over the last week, around 1/3 of AI infra companies we track posted positive gains, with IREN (26.06%), BTDR (20.02%) and BE (19.85%) leading top gains. Bitcoin mining Index had 14.20% gains over the last 5 days.
Major Company Updates
- Cerebras and Compute Nordic Finland announce new 165 MW AI data centre in Mikkeli, Finland (link)
- Vertiv announces agreement to acquire UtilityInnovation Group to accelerate time to power for AI data centers (link)
- AMD, Cisco and HUMAIN expand Saudi Arabia's AI infrastructure as AMD Instinct systems go live (link)
- CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform (link)
- Cipher Digital begins development of lateral pipelines to facilitate data center expansion via bring-your-own-generation (link)
- Bitdeer announces acquisition of 200 acres near Rockdale facility in Milam County, Texas to support AI/HPC infrastructure development (link)
- Keppel DC REIT acquires two freehold hyperscale colocation data centres in Inzai City, Greater Tokyo (link)
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