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Bye-bye Bitcoin, Hello AI: Texas Miners Leave Crypto for Next New Wave
Houston-based tech company Lancium and Denver-based Crusoe Energy Systems announced on Thursday morning a multibillion dollar deal to build a 200-megawatt data center just outside Abilene that is designed to "meet the unique needs of AI companies." It is the first phase of a larger 1.2-gigawatt buildout. At full capacity, Lancium President Ali Fenn tells CNBC that this will be one of the largest AI data center campuses in the world, in the latest example that the race to power AI — and leave bitcoin mining behind — is accelerating.
New Wave Holdings' Attributable Loss Widens in Fiscal 2024
New Wave (SGX:5FX) booked a higher attributable loss to the owners of the parent of SG$4.3 million for the year ended March 31, compared with an attributable loss of SG$376,841 in the year-ago period,
New Wave: Annual Reports and Related Documents
Black Bear Energy and Evergrow Lead New Wave of Commercial Real Estate Solar Tax Credit Transfers
With the Inflation Reduction Act creating new tax credit transfer opportunities, this agreement unlocks new capital for REITs to maximize returns through on-site renewable energy investments. Black Bear Energy (Black
New Wave: Financial Statements and Related Announcement-Full Yearly Results
New Wave Holdings Flags Loss for Fiscal 2024
New Wave Holdings (SGX:5FX) forecasted a larger loss for the fiscal year ended March 31, according to a filing with the Singapore Exchange on Tuesday. The company has attributed this to lower revenues
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