Group president Evan Auyang will become a senior advisor to the board, while Siu will retain his executive chairman role.
This is the summary The Defiant publishes in its feed. The full article lives on their site.
HIVE’s mining revenue fell 7.4% despite higher production, while its AI hosting business grew 71%.
Anthropic's latest AI can build complex software and even design physical objects. Users are producing impressive results, and estimated bills large enough to make developers wince.
MARA posted a $634.4 million Q3 net profit, then sold 13,597 BTC to repay $750 million in loans as it pivots to AI.
The acquisition, its first since going public, is expected to close in the fourth quarter of 2026.
The miner announced a new $500 million stock buyback authorization as two planned data center leases face a possible delay into 2027.
A shortage of new gas turbines is pushing AI developers toward refurbished power equipment and jet-engine-based generators, even as high prices, pollution concerns, and permitting delays...
