CoreWeave credit default swaps hit distress levels as investors sour on AI debt
Jonathan Raa | Nurphoto | Getty Images CoreWeave‘s credit stress continued to spiral on Thursday amid a broader…
What’s behind the sell-off in AI neocloud stocks like CoreWeave and Nebius
CoreWeave equity and debt are trying to find their footing after a tweet-fueled sell-off on Wednesday that saw…
IREN Stock Falls 8% After Q4 Miss; AI Cloud Shift Gains Momentum
IREN said it signed a new multi-year contract with a leading AI lab. CEO Daniel Roberts said 2026…
A technical breakout is forming in this crypto-turned-AI play
Iren is running toward a technical breakout level and away from its former life of a bitcoin mining…
Ex-Banker Brothers Worth $850 Million After Microsoft AI Deal
For a few years, Daniel and Will Roberts’ Bitcoin-mining venture was a wild ride. The former Macquarie Group…
Microsoft enters approximately $9.7B contract with IREN that gives it access to Nvidia chips
Microsoft has entered into a $9.7 billion cloud services contract with artificial intelligence cloud service provider IREN that…
Microsoft Signs $9.7 Billion AI Cloud Deal With IREN
Microsoft Corp. has signed an approximately $9.7 billion deal to purchase AI cloud capacity from IREN Ltd., becoming…
Crypto Miners Riding the AI Wave Are Leaving Bitcoin Behind
Shares of the large-scale computing outfits that make Bitcoin work are once again outperforming the original cryptocurrency, as…