Core Points - The Guangxi Zhuang Autonomous Region government has signed a strategic cooperation agreement with Beijing Century Internet Broadband Data Center Co., Ltd. and the Zhongguancun Super-Interconnection New Infrastructure Industry Innovation Alliance [2] - The collaboration will focus on artificial intelligence new infrastructure, green energy, and computing power integration [2] - The partnership aims to promote the establishment of the China-ASEAN Artificial Intelligence Innovation Cooperation Center [2]

Core Insights - Google announced a $15 billion investment over the next five years to build its largest data center outside the U.S. in Visakhapatnam, Andhra Pradesh, India [1] - The project will feature new energy systems and fiber optic networks, marking it as the largest AI investment outside the U.S. according to Google Cloud CEO [1] - This AI hub will provide comprehensive AI infrastructure to meet Google's own needs as well as support local entrepreneurs, businesses, and organizations in India [1] - Google will collaborate with AdaniConneX and Bharti Airtel on this project [1] - The Indian data center market is projected to exceed $100 billion in investments by 2027 [1]

Core Viewpoint - Carrier Connect Data Solutions Inc. is initiating a non-brokered private placement to raise up to $3,000,000 through the sale of units priced at $0.70 each, aimed at funding M&A, working capital, and general corporate purposes [1][2]. Group 1: Offering Details - The Offering consists of up to 4,285,714 units, each unit comprising one common share and one-half of a share purchase warrant, with full warrants allowing the purchase of additional shares at $1.00 each for two years [1]. - The Offering is expected to close in November 2025, subject to customary conditions including TSX Venture Exchange approval [2]. Group 2: Company Overview - Carrier Connect Data Solutions focuses on rolling up Tier II/III data centers internationally, providing co-location and data center solutions primarily to AI companies, service providers, enterprises, and small businesses [4]. - The company operates as a carrier-neutral organization, with its principal markets located in Vancouver, Canada, and Perth, Australia, serving clients who utilize its facilities as primary or ancillary data centers [4].

NEW YORK, Oct. 14, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced the closing of its offering of $1.0 billion aggregate principal amount of 0.00% convertible senior notes due 2031 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Key details of the transaction Oversubscribed $875 million offering, plus fully exercised $125 million gr ...

Applied Digital just got a notable new vote of confidence.Applied Digital (APLD 3.52%) stock is climbing Tuesday despite volatile swings for the broader market. The data center company's share price was up 3.9% as of 3 p.m. ET. The stock had been up as much as 14.9% earlier in the day's trading.Applied Digital stock is getting a valuation boost today after receiving bullish analyst coverage. Lucid Capital initiated coverage on Applied Digital stock with a buy rating, and investors are responding by bidding ...

Core Insights - Bitfarms (BITF) has experienced a remarkable share price increase of 428.4% over the past three months, significantly outperforming the industry and the S&P 500 [1][4]. Strategic Shift - Bitfarms is transitioning from a Bitcoin mining operation to an Artificial Intelligence and High-Performance Computing (AI/HPC) provider, which is expected to leverage growth in a high-margin market [5][7]. - The company has secured a $300 million debt facility from Macquarie Group, indicating strong institutional support for its expansion plans [6][8]. - Bitfarms has partnered with T5 Data Centers to mitigate technical execution risks associated with the new AI/HPC strategy, ensuring effective facility design for demanding workloads [7][8]. Financial Position - In Q2 2025, Bitfarms reported a current ratio of 3.11, well above the industry average of 1.78, reflecting strong liquidity and the ability to cover short-term obligations [9]. - The company's total debt is $72 million against total assets of $828 million, resulting in a debt-to-equity ratio of 7.8%, significantly lower than the industry average of 57.4% [11]. Revenue and Profitability Outlook - The Zacks Consensus Estimate projects Bitfarms' 2025 revenues at $321.1 million, representing a 66.5% year-over-year increase, with 2026 revenues expected to reach $389.9 million, indicating 21.4% growth [13]. - Despite strong revenue expectations, the company is projected to incur losses, with a consensus loss of 13 cents per share for 2025, slightly improving from a loss of 14 cents per share in the previous year [14]. Capital Efficiency Concerns - Bitfarms' return on equity (ROE) and return on invested capital (ROIC) are both negative at -9.9% and -9.5%, respectively, underperforming industry averages of 7% and 3.8% [15][16]. - These negative returns raise concerns about the sustainability of Bitfarms' business model and the effectiveness of its capital allocation strategy [16]. Competitive Landscape - Competitors like Marathon Digital (MARA) and Riot Platforms (RIOT) have also entered the AI/HPC market, potentially diminishing Bitfarms' first-mover advantage [19][20]. - The ability of larger rivals to secure high-margin contracts with tech giants poses a significant risk to Bitfarms' market position [20][21]. Investment Recommendation - While Bitfarms' pivot to AI/HPC presents growth opportunities, the company faces competitive pressures and negative capital returns that warrant caution [22][23]. - Investors are advised to monitor Bitfarms' performance in the AI/HPC market before making further investment decisions [23].

Microsoft (NASDAQ:MSFT) plans to rent data center capacity from Nscale in a new facility in Portugal that will be powered by Nvidia's (NASDAQ:NVDA) artificial intelligence chips, according to Bloomberg. The facility, located south of Lisbon, is expected to open early next year ...

周二，TeraWulf(WULF.US)涨近9%，年内累涨169%，现报15.21美元。消息面上，该公司宣布子公司计 划发行32亿美元2030年到期高级担保债券，净收益将用于纽约州Lake Mariner园区数据中心扩建项目。 TeraWulf作为垂直整合可持续数字基础设施所有者和运营商，数据中心扩建项目是其发展计划的一部 分。 ...

智通财经APP获悉，周二，TeraWulf(WULF.US)涨近9%，年内累涨169%，现报15.21美元。消息面上， 该公司宣布子公司计划发行32亿美元2030年到期高级担保债券，净收益将用于纽约州Lake Mariner园区 数据中心扩建项目。TeraWulf作为垂直整合可持续数字基础设施所有者和运营商，数据中心扩建项目是 其发展计划的一部分。 ...

We recently published 10 Stocks Stealing Wall Street’s Spotlight. Bitfarms Ltd. (NASDAQ:BITF) is one of the best performers on Monday. Bitfarms extended its winning streak to an 8th straight day on Monday to climb to a new all-time high, as investors took heart from an investment firm’s more-than-doubled price target and optimistic rating for its stock. In the intra-day session, Bitfarms Ltd. (NASDAQ:BITF) surged to its highest price of $5.42 before paring gains to end the day just up by 28.33 percent at ...