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Applied Digital (APLD.O) announced on Wednesday that it has signed a $5 billion, 15-year lease agreement with a U.S.-based hyperscaler for 200 megawatts (MW) of capacity at its Polaris Forge 2 data center campus in North Dakota, solidifying its position as a major player in AI infrastructure development. The deal sent Applied Digital’s shares up […]
FalconX, a leading digital assets trading firm, announced on Wednesday that it will acquire crypto investment manager 21shares for an undisclosed amount, marking a major expansion into the exchange-traded funds (ETF) market as cryptocurrency investment vehicles gain momentum globally. The acquisition comes just weeks after the U.S. Securities and Exchange Commission (SEC) cleared the last […]
Baidu (9888.HK) announced a partnership with Switzerland’s PostBus on Wednesday to bring its Apollo Go autonomous vehicle service to the country, marking the Chinese tech giant’s first robotaxi deployment in Europe. The deal highlights Baidu’s rapid international expansion in self-driving technology amid slowing growth in its traditional advertising business. Under the partnership, PostBus, a subsidiary […]