Both miners reported higher Bitcoin production but lower mining revenue and rising electricity costs as they expanded their AI infrastructure businesses.
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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 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...
Google says schools will be able to enable Search and Gemini separately, but AI Overviews remain built into Search.
