Group 1 - A class action lawsuit has been filed against Fermi Inc. for allegedly misleading investors about tenant demand and funding status for its Project Matador campus during the Class Period from October 1, 2025, to December 11, 2025 [1] - The lawsuit claims that Fermi did not disclose the reliance on a single tenant's funding commitment for construction financing, which posed significant risks [1] - Following the termination of a $150 million funding agreement by the first tenant on December 12, 2025, Fermi's shares dropped by nearly 34%, closing at $10.09 per share [1] Group 2 - Fermi Inc. is headquartered in Amarillo, Texas, and aims to establish a network of large, grid-independent data centers powered by various energy sources, including nuclear and solar [1] - The company's flagship project, Project Matador, is intended to be the world's largest private energy campus dedicated to AI data centers [1] - Berger Montague, the law firm representing the investors, has a strong track record in complex litigation and has recovered over $50 billion for clients over its 55 years of operation [1]

Adani pledges $100B to build AI data centers as India seeks bigger role in the global AI race https://t.co/IdZyivOrzg ...

Indian conglomerate Adani Group said on Monday it would invest $100 billion over the next decade to build data centers specialized for AI across the country, a move that underscores India’s ambition to play a larger role in the global AI race. The investment, which will run through 2035, is aimed at building renewable-energy-powered data centers designed to support AI workloads, the company said. It expects the plan to catalyze an additional $150 billion in related investments and result in a $250 billio ...

Core Insights - Hyperscale Data, Inc. has a Bitcoin treasury totaling approximately $41.3 million, with cash and restricted cash holdings of about $46.3 million, leading to a total of approximately $87.6 million, which represents 136.82% of the company's current market capitalization [1] - The company surpassed 600 Bitcoin in its treasury, with a total of 600.5299 Bitcoin held as of February 15, 2026, indicating a strong commitment to its Bitcoin treasury strategy [1] - Hyperscale Data plans to deploy cash allocated to its digital asset treasury strategy into Bitcoin purchases over time, targeting at least 5% of allocated cash each week for investments [1] Financial Position - As of February 15, 2026, the company's Bitcoin holdings had a market value of approximately $41.3 million based on a Bitcoin price of $68,788 [1] - The company's subsidiaries, Sentinum and Ault Capital Group, hold significant Bitcoin assets, with Sentinum holding approximately 554.4002 Bitcoin and ACG holding approximately 46.1711 Bitcoin [1] - The company's cash and Bitcoin holdings continue to outpace its market capitalization, even amid a recent decrease in Bitcoin prices, highlighting the strength of its balance sheet [1] Strategic Direction - Hyperscale Data is focused on anchoring its balance sheet in Bitcoin for the long term, with ongoing dollar-cost-averaging strategy for Bitcoin accumulation [1] - The company expects to divest Ault Capital Group in the fourth quarter of 2026, which will allow it to concentrate on data center operations and digital asset holdings [1] - The divestiture will involve a voluntary exchange of Series F Preferred Stock for shares of Class A and Class B Common Stock of ACG, impacting the company's shareholder structure [1]

Core Insights - HIVE Digital Technologies Ltd. reported record quarterly revenue of $93.1 million for Q3 FY2026, marking a 219% year-over-year growth and a 7% increase quarter-over-quarter [3][8] - The company achieved a significant gross operating margin of $32.1 million, which is 34.5% of revenue, up from 18% in the same quarter last year [3][8] - HIVE's growth is attributed to the expansion of its Bitcoin hashrate fleet to 25 Exahash per Second (EH/s) and increasing demand for its BUZZ HPC platforms [4][7] Financial Performance - Total revenue reached $93.1 million, a 219% increase from $29.2 million in Q3 FY2025 and a 7% increase over the previous quarter [8] - Digital Currency Hashrate Revenue was $88.2 million, reflecting an 8% increase from Q2 FY2026, driven by a 41% quarter-over-quarter increase in average hashrate to 22.9 EH/s [8] - The company generated 885 Bitcoin, representing a 23% increase quarter-over-quarter, despite a 15% rise in network difficulty [8] Operational Highlights - HIVE's gross operating margin expanded significantly to $32.1 million, up from $5.3 million in the prior year period, demonstrating effective cost management [3][8] - The company has completed a buildout in Paraguay, achieving 25 EH/s of operational capacity and plans to add an additional 100 MW of power capacity [8][9] - HIVE signed a two-year, $30 million contract for 504 Nvidia B200 GPUs, expected to enhance its HPC revenue significantly [8][9] Strategic Positioning - HIVE's dual-engine strategy combines Bitcoin infrastructure as a cash generator and BUZZ AI Cloud as a high-growth recurring revenue source, providing diversification and capital allocation flexibility [10] - The company is positioning Paraguay as a leader in high-performance computing (HPC) for Latin America, leveraging its renewable energy resources [7][9] - HIVE aims to achieve $140 million in annual recurring revenue (ARR) for its GPU AI Cloud by Q4 2026, subject to market conditions [8][9]

Group 1 - Adani Group plans to invest $100 billion in renewable energy-powered, AI-ready data centers by 2035 [1] - The investment is part of a larger vision to create the world's largest integrated data center platform, potentially generating an additional $150 billion by 2035 across various sectors [2] - The announcement was made during the AI Impact Summit in New Delhi, featuring prominent global leaders and technology executives [3] Group 2 - India is becoming a hotspot for AI investment, with significant commitments from major companies [4] - Start-ups like OpenAI and Anthropic are also focusing on India, with OpenAI's CEO highlighting the country's potential as a "full-stack AI leader" [5] - Anthropic reported a doubling of its revenue run-rate in India over the past four months after opening its first office in Bengaluru [5]

Adani Group plans to invest $100 billion by 2035 to develop data centers, as billionaire Gautam Adani seeks to capitalize on India's emergence as an AI hub https://t.co/8loThjeNbj ...

Group 1 - Adani Enterprises plans to invest $100 billion to develop renewable energy-powered AI-ready data centres by 2035, aiming to create the world's largest integrated data centre platform and position India as a leader in the global AI sector [1][2] - This investment is projected to generate an additional $150 billion in spending over the next decade across various related industries, including sovereign cloud platforms and server manufacturing [1] - The overall investment will contribute to a $250 billion AI infrastructure ecosystem in India over the next ten years [2] Group 2 - Google announced a $15 billion investment over five years to establish an AI data centre in Andhra Pradesh, which could lead to an investment of up to $5 billion for Adani Connex, a joint venture between Adani Enterprises and EdgeConneX [3] - Adani Enterprises is also in talks with other major players to set up large-scale campuses across India, although specific details have not been disclosed [3] - Following these announcements, shares of Adani Enterprises increased by 2.4%, making it one of the top gainers on the Nifty 50 index [4]

Core Insights - The Taihang Intelligent Computing Center serves as a crucial computing power hub in Central Hebei, supporting the digital transformation of regional industries and the development of artificial intelligence, currently achieving a computing power scale of 5340P [1][2] - The center operates continuously, even during holidays, to ensure the stability of data services and the security of data transmission, highlighting the importance of computing power for downstream enterprises and research units [1][2] Industry Developments - The center aims to become the largest market-oriented AI computing power hub north of the Yangtze River, indicating a strategic focus on enhancing computing capabilities and service optimization in the new year [2]

Core Insights - BUZZ HPC is focused on building sovereign AI infrastructure in Canada, aiming to reduce reliance on foreign entities and enhance national infrastructure [2] - The company has secured $30 million in AI contracts and is targeting $140 million in annual recurring revenue (ARR) [3] - BUZZ HPC's ARR has increased from approximately $1 million per month a year ago to over $3 million per month currently, with a goal of reaching $10 million per month [3] Company Strategy - BUZZ HPC positions itself as one of the few Canadian-owned data center and GPU cloud service providers, emphasizing secure domestic AI compute capacity [2] - The company is pursuing a disciplined growth strategy, focusing on compounding contracted revenue rather than making large capital expenditure announcements [3] - Partnerships with Dell and Bell Canada are integral to BUZZ HPC's strategy, reinforcing its commitment to sovereign AI and enterprise-grade standards [3] Market Position - The emphasis on operational discipline is highlighted as crucial for long-term success in the AI sector, with a focus on scaling revenue before taking on additional risk [3]