As the tech industry continues to evolve, companies like TeraWulf Inc. WULF are strategically positioning themselves to capitalize on emerging opportunities in high-performance computing. This shift is drawing significant attention from investors eager to participate in the expansion of data center capabilities.TeraWulf shares are trading slightly higher on Friday after the company announced in a regulatory filing on Wednesday that it had completed its previously announced $850 million private offering of c ...

Global Interconnection Group (“GIG”) is pleased to announce it has acquired a 20% stake in GIGA Holdings, which has partnered with Northern DC AS, trading as ‘Scale-42’ to establish GIGA-42 Ltd., a joint venture focused on developing AI-optimised data centres in the Nordics. 'Please see attached document'. Attachment Data Centre JV - Global Interconnection Group and Scale-42 ...

近日，涿州阿里总承包一期工程 正式完成竣工验收 即将搭载云计算、大数据分析 云存储等前沿数字技术服务 为京津冀地区数字经济的腾飞注入澎湃动力 ▲保定市2023年第三批重点项目集中开工 项目位于河北省涿州市刁窝镇 总建筑面积约为25万平方米 是 全国性先进智算中心示范项目 自中标以来，项目团队跑步进场 还承办了2023年保定市第三批 重点项目集中开工仪式 ▲项目ECC楼实景 项目团队始终以 高度的责任感和使命感 确保工程高质量推进和工期提前完成 通过劳动竞赛合理安排工序穿插 不仅 提前11天完成主体结构的里程碑节点 还荣获湖南省 QC小组成果二等奖 在业主开展的第三方飞检中 多次取得了 全国阿里项目第一的成绩 持续开展 "点亮一盏灯"系列志愿服务 成立了"信和夜校·职工书屋" 搭建起与工友沟通的桥梁 打造"书香工地" ▲《人民日报》客户端报道 同时，项目致力于农民工精神素养提升行动 丰富工友业余的精神文化生活 受到了《人民日报》的报道 目前，安装公司已 参建数据中心32座 在5个国家算力枢纽节点—— 京津冀、长三角、成渝 粤港澳大湾区、内蒙枢纽及 安徽、山西等地皆有项目 已建成投用 竣工交付不是终点 而是价值生 ...

Core Viewpoint - Hyperscale Data, Inc. reaffirms its full-year 2025 revenue guidance of $125 million to $135 million, bolstered by the anticipated contributions from its defense affiliate Gresham Worldwide and growth in high-margin software platforms [1][2][4]. Group 1: Financial Guidance and Revenue Expectations - The company expects Gresham Worldwide to contribute approximately $40 million in annualized revenue upon its emergence from Chapter 11 on October 1, 2025 [2]. - Hyperscale Data anticipates meaningful growth from its expanding high-margin software platforms, including blockchain infrastructure and tokenization solutions [3]. Group 2: Strategic Developments - The court's approval of Gresham Worldwide's reorganization plan enhances visibility into its expected contributions starting in Q4 2025 [4]. - The company is pursuing growth through its Michigan data center, which is viewed as a transformational opportunity for future revenue, although it is not expected to contribute significantly in 2025 [4]. Group 3: Company Structure and Operations - Hyperscale Data operates a data center through its subsidiary Sentinum, focusing on digital asset mining and colocation services for AI ecosystems [5]. - The company plans to divest Ault Capital Group, Inc. in Q1 2026, which will allow it to focus on high-performance computing services and digital asset holdings [6].

万国数据管理层称，此前签署的152MW超大规模订单预计将推动2025年下半年客户入驻速度显著加 快，尽管芯片供应存在不确定性，但对未来今年AI推理需求充满信心。 8月21日，据追风交易台消息，美银美林在最新研报中称，万国数据2025年二季度电话会传递出积极信 号，管理层预计预计2025年下半年客户入驻步伐将明显加快，主要受惠于此前签订的152MW超大规模 订单交付，这将直接转化为收入增长。 美银美林称，尽管芯片供应不确定性导致AI相关新订单仍相对谨慎，但管理层对未来几年AI需求前景 保持乐观态度，预期推理需求将成为关键驱动力。 研报称，万国数据管理层在电话会议中明确表示，预计2025年三、四季度客户入驻速度将较前两个季度 明显提升。这一预期主要基于此前签署的152MW超大规模客户订单将在下半年开始交付。 据美银美林分析，万国数据目前拥有185,000平方米的积压项目(包括在服务和在建项目)，管理层计划在 2025年下半年交付其中35%，在2026年再交付35%。这一交付时间表显示公司具备稳定的收入增长基 础。 据见闻此前文章，最新财报显示，数据中心业务增长，万国数据2024年四季度收入增长9.1%，净利润 同 ...

知情人士透露，Crusoe向投资者描绘了一幅极为乐观的增长蓝图，以支撑其百亿估值。该公司预计，其 营收将从去年的2.5亿美元增长至今年的5亿美元，并在明年跃升至22亿美元。这些预测此前未被报道。 AI军备竞赛，正将一家数据中心开发商推向百亿美元估值俱乐部。为OpenAI"星际之门"（Stargate）超 级计算机项目开发首个数据中心的Crusoe公司，正计划进行一轮大规模融资。 8月21日，据知情人士向《The Information》透露，这家成立七年的公司正商谈以100亿美元的估值筹集 至少10亿美元资金。该轮融资旨在为Crusoe采购更多人工智能芯片提供弹药，以实现其成为一家"强大 云服务提供商"的雄心。 为配合其云业务的增长，Crusoe已收购了位于特拉维夫的云计算初创公司Atero。知情人士称，Atero开 发的软件能显著提高图形处理器（GPU）的利用率和效率。此次收购的条款未被披露。 若以100亿美元估值完成交易，将意味着Crusoe的估值在不到一年内增长了超过三倍。这一高昂的估值 水平，反映了投资者对其在人工智能浪潮中巨大增长潜力的预期，尽管该公司也面临着激烈的市场竞争 和高昂的资本支出压力。 ...

Meta's massive data center will draw power from three gas-fired power plants producing 2.25 gigawatts. https://t.co/YJWypiyEXV ...

Photo illustration by Cheng Xin/Getty Images Getty Images Occasionally, a company transitions from relative anonymity to becoming a focal point of a megatrend almost instantaneously, and Applied Digital (NASDAQ: APLD) serves as an exemplary case. Only a few years ago, it operated as a specialized data center business. Fast forward to 2025, and it now stands as the entity behind some of the most astonishing agreements in the AI infrastructure sector. Indeed, its stock has already more than doubled this year, ...

Financial Data and Key Metrics Changes - Total net revenues increased by 22.1% year over year to RMB2.43 billion for the second quarter [9][20] - Adjusted EBITDA for the second quarter increased by 27.7% year over year to RMB732 million, with an adjusted EBITDA margin of 30.1%, up 1.3 percentage points year over year [9][20] - Adjusted cash gross profit rose by 34.9% to RMB1.06 billion, with adjusted cash gross margins improving to 43.6% from 39.5% in the same period last year [20][21] Business Line Data and Key Metrics Changes - Wholesale revenues reached RMB854 million for the quarter, representing year over year growth of 112.5%, driven by the rapid growth of the wholesale IDC business [9][20] - Retail capacity in service was 52,131 cabinets, with the utilization rate increasing slightly to 63.9% as of June [15] - Monthly Recurring Revenue (MRR) per retail cabinet increased to RMB8,915 this quarter [16] Market Data and Key Metrics Changes - Wholesale capacity in service grew by 17.5% quarter over quarter to 674 megawatts, with utilization rate stable at 75.9% [8][14] - Capacity under construction was around 326 megawatts with a pre-commitment rate of 55.2% as of June [15] - The company secured a combined capacity of around 4 megawatts in retail orders from various sectors, indicating strong demand in the Greater Beijing area and the Yangtze River Delta [10] Company Strategy and Development Direction - The company unveiled its Hyperscale 2.0 framework aimed at developing AIDC solutions, with a goal to grow data center assets under management to 10 gigawatts by 2036 [11][12] - The business model is evolving from project-based capacity delivery to comprehensive AIDC solutions, positioning the company as a pioneer in AIDC development [11][13] - The company plans to establish data center hubs in Inner Mongolia, Hebei province, and Beijing, focusing on rapid construction and flexible solutions [13] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about future demand, particularly in AI-driven sectors, and noted that the market is relatively active [30][54] - The company raised its full-year revenue and adjusted EBITDA guidance, expecting total net revenues to be in the range of RMB9.15 billion to RMB9.35 billion, a year-over-year increase of 11% to 13% [26][27] - Management acknowledged potential impacts from AI chip supply constraints but remains optimistic about maintaining order momentum [54] Other Important Information - The company maintained robust liquidity with total cash and cash equivalents reaching RMB4.66 billion as of June 30, 2025 [22] - A buyback program was authorized to repurchase up to US$50 million in shares, reflecting confidence in future growth [25] Q&A Session Summary Question: Future demand and orders related to NVIDIA's chipsets - Management noted that AI demand is strong in active digital economy regions and is monitoring potential demand closely, especially for large clients [30][31] Question: Update on wind power build-out in Yulan Top - The wind power project is underway and expected to deliver power by the end of this year, with a positive impact anticipated on the company's IR [36] Question: Gross margin fluctuations - Changes in gross margin were attributed to timing and depreciation factors, with cash gross margin still showing healthy growth [41][42] Question: Full-year guidance and second half outlook - Management remains optimistic about the second half, monitoring utilization speed and client orders closely [48][54] Question: Retail IDC revenue decline - A slight decline in retail IDC revenue was noted but is considered within a reasonable range, with expectations for stability and potential increase [50]

Financial Data and Key Metrics Changes - Total net revenues increased by 22.1% year over year to RMB2.43 billion for the second quarter [8][19] - Adjusted EBITDA for the second quarter increased by 27.7% year over year to RMB732 million, with an adjusted EBITDA margin of 30.1%, up 1.3 percentage points year over year [8][20] - Adjusted cash gross profit rose by 34.9% to RMB1.06 billion, with adjusted cash gross margins improving to 43.6% from 39.5% in the same period last year [19][20] Business Line Data and Key Metrics Changes - Wholesale revenues reached RMB854 million for the quarter, representing year over year growth of 112.5%, driven by the rapid growth of the wholesale IDC business [8][19] - Retail capacity in service was 52,131 cabinets, with the utilization rate increasing slightly to 63.9% as of June [15] - Monthly Recurring Revenue (MRR) per retail cabinet increased to RMB8,915 this quarter [15] Market Data and Key Metrics Changes - Wholesale capacity in service grew by 17.5% quarter over quarter to 674 megawatts, with utilization rate stable at 75.9% [7][13] - Capacity under construction was around 326 megawatts with a pre-commitment rate of 55.2% as of June [14] - The company secured a combined capacity of around 4 megawatts in retail orders from various sectors, including IT services and AIoT [9] Company Strategy and Development Direction - The company unveiled its Hyperscale 2.0 framework aimed at developing AIDCs and plans to grow the capacity of its data center assets to 10 gigawatts by 2036 [10][12] - The business model is evolving from project-based capacity delivery to offering comprehensive AIDC solutions [10] - The company aims to establish data center hubs with megawatt scale cabinets and gigawatt scale campuses [12] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about future demand, particularly in regions with active digital economies like Greater Beijing and the Yangtze River Delta [30] - The company is closely monitoring the impact of AI chip supply constraints on new orders and customer movements [55] - Management remains committed to driving innovation and fostering industry development while delivering value to stakeholders [26] Other Important Information - The company maintained robust liquidity with total cash and cash equivalents reaching RMB4.66 billion as of June 30, 2025 [21] - CapEx for 2025 was RMB3.89 billion, with expectations to be in the range of RMB10 billion to RMB12 billion for the full year [22][23] - A buyback program was authorized to repurchase up to USD50 million in the open market over the next twelve months [23] Q&A Session Summary Question: Future demand and orders related to NVIDIA's chipsets - Management noted that the market is relatively active, with strong AI demand in key regions and attention to potential demand releases around September [30] Question: Update on wind power build-out in Yulan Top and its impact - The wind power project is underway and expected to deliver power by the end of this year, with a positive impact anticipated on IR [36] Question: Gross margin fluctuations and future expectations - Changes in gross margin were attributed to timing and depreciation factors, with cash gross margin showing healthy growth [41][42] Question: Full year guidance and second half outlook - Management remains optimistic about the second half, monitoring utilization speed and potential impacts from AI chip supply [55] Question: Retail IDC revenue decline in the second quarter - Slight decline in retail IDC revenue was noted, but management expects stability and potential increases moving forward [49]