LAS VEGAS, Aug. 29, 2025 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company ("Hyperscale Data" or the "Company"), announced today that it has established an "at-the-market" equity offering program (the "Offering") under which it may sell, from time to time, shares of its common stock for aggregate gross proceeds of up to $125 million. The shares of common stock will be offered through Wilson-Davis & Co., Inc., which will act in its capacity as sales agent (the "Agent" ...

Core Insights - Applied Digital has finalized a new lease agreement with CoreWeave for an additional 150MW at the Polaris Forge 1 Campus, increasing total critical IT capacity to 400MW [1][2] - The total anticipated contracted lease revenue for Applied Digital is approximately $11 billion, which includes $7 billion from two initial leases executed in May [1][2] - The Polaris Forge 1 Campus is designed to scale up to 1 gigawatt and aims to harness renewable power while optimizing total cost of ownership, estimated to save $2.7 billion over 30 years [4] Lease Agreement Details - The new lease agreement will support CoreWeave's AI and high-performance computing initiatives and is expected to be operational by 2027 [2][3] - The first 100MW data center is scheduled for service in Q4 of 2025, while a second 150MW data center is under construction and expected to be operational by mid-2026 [3] Strategic Importance - The lease agreement reinforces North Dakota's role in the digital economy and positions it as a strategic destination for AI infrastructure [3] - Applied Digital aims to transform overlooked regions into innovation hubs through the development of purpose-driven AI factory campuses [5] Company Overview - Applied Digital, founded in 2021 and headquartered in Dallas, designs and operates high-performance, sustainably engineered data centers for AI, cloud, and blockchain workloads [6] - The company has been recognized as the Best Data Center in the Americas for 2025 by Datacloud [6]

The China data center business owned by Bain Capital’s Chindata Group has drawn interest from local bidders seeking to expand in the sector, sources say https://t.co/gt7fVgDnW8 ...

IREN (IREN) Q4 2025 Earnings Call August 28, 2025 05:00 PM ET Company ParticipantsMike Power - VP - IRDaniel Roberts - Co-Founder & Co-CEOBelinda Nucifora - CFOAnthony Lewis - Chief Capital OfficerKent Draper - Chief Commercial OfficerJoseph Vafi - MD - Equity ResearchCharlie Pearce - Equity Research AssociateBrett Knoblauch - Managing DirectorStephen Glagola - Director - TMT Equity ResearchBenjamin Sommers - Equity Research AssociateConference Call ParticipantsPaul Golding - US Senior Payments & Lifestyle ...

IREN (IREN) Q4 2025 Earnings Call August 28, 2025 05:00 PM ET Speaker0Good day, and thank you for standing by. Welcome to the IRAN FY twenty twenty five Results Conference Call. At this time, all participants are in a listen only mode. Please be advised that today's conference is being recorded. After the speakers' presentation, there will be a question and answer session.I would now like to hand the conference over to your speaker today, Mike Power, VP, Investor Relations.Speaker1Thank you, operator. Good ...

Financial Performance - IREN reported quarterly earnings of 66 cents per share, exceeding the consensus estimate of 14 cents [1] - Quarterly revenue reached $187.3 million, surpassing the analyst consensus estimate of $186.53 million and significantly up from $52.76 million in the same period last year [1] - The company achieved record financial results in FY25, with strong net income and over 10x EBITDA growth [2] Operational Highlights - IREN expanded its contracted, grid-connected power to nearly 3GW and tripled its operating data center capacity to 810MW [3] - The company completed its 50 EH/s expansion and is laying the groundwork for rapid growth in its AI Cloud business, targeting more than 10,000 NVIDIA GPUs [3] Future Growth Potential - IREN is approaching $1.25 billion in total annualized revenue, with over $1 billion expected from Bitcoin mining under current mining economics [4] - The company anticipates $200-$250 million in annualized revenue from its AI Cloud business with 10.9k NVIDIA GPUs by December 2025 [4] - IREN has the capacity to deploy over 60,000 Nvidia Blackwell GPUs across existing British Columbia data centers and over 19,000 GB300s at Horizon 1 [4] - The company secured a second round of GPU financing covering 100% of the hardware purchase price, with additional financing efforts underway [4]

FY25 Results Presentation NASDAQ: IREN August 28, 2025 DISCLAIMER Forward-Looking Statements This investor update includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended ("Exchange Act, that involve substantial risks and uncertainties. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of ...

Record Earnings and Profitability Expansion to 10.9k GPUs & $200-250m AI Cloud Annualized Revenue by Dec 20251 GPU Financing & NVIDIA Preferred Partner Status Secured New Liquid-Cooled GB300 NVL72 Deployments NEW YORK, Aug. 28, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN” or “the Company”) today reported its financial results for the full fiscal year ended June 30, 2025. Highlights Q4 FY25 revenue of $187.3m, net income of $176.9m, Adj. EBITDA of $121.9m2, and EBITDA of $241.4m2Approaching $ ...

NEW YORK, Aug. 28, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced it has secured NVIDIA Preferred Partner status and procured an additional 1.2k air-cooled NVIDIA B300s and 1.2k liquid-cooled NVIDIA GB300s for approximately $168m,1 expanding its total GPU fleet to 10.9k NVIDIA GPUs. IREN has secured approximately $96m in financing to support the purchase of the GB300s.1 The financing is structured as a 24-month lease and represents 100% of the purchase price, with lease paymen ...

Salt Lake City, Aug. 28, 2025 (GLOBE NEWSWIRE) -- BluSky AI Inc. (OTCID: BSAI) (“BluSky AI” or the “Company”), headquartered in Salt Lake City, Utah, is a Neocloud purpose-built for artificial intelligence through rapidly deployable SkyMod data centers. SkyMods are next-generation, scalable AI factories. The Company, as a provider of GPU-as-a-Service, today announced the execution of a non-binding Letter of Intent (LOI) to lease approximately two acres of land at the White Cloud facility located at 1120 Hac ...