AI chipmaker Groq raises $650 million from existing investors as it pivots to an AI inference neocloud business model. AI chipmaker Groq is raising up to $650 million from current backers to transition from hardware to an AI inference neocloud business. The funding follows
AI chipmaker Groq raises $650 million from existing investors as it pivots to an AI inference neocloud business model. AI chipmaker Groq is raising up to $650 million from current backers to transition from hardware to an AI inference neocloud business. The funding follows
India’s energy investment surges to a record $170 billion this year, led by solar and oil refining expansion. India’s energy investment is projected to reach $170 billion in 2026, marking a record high driven by solar installations and oil refining capacity growth. The inc
India’s energy investment surges to a record $170 billion this year, led by solar and oil refining expansion. India’s energy investment is projected to reach $170 billion in 2026, marking a record high driven by solar installations and oil refining capacity growth. The inc
India’s energy investment surges to a record $170 billion this year, led by solar and oil refining expansion. India’s energy investment is projected to reach $170 billion in 2026, marking a record high driven by solar installations and oil refining capacity growth. The inc
Taiwan Semiconductor raises 2026 revenue growth outlook above 30% and lifts capital spending to $56 billion amid AI-driven demand. Taiwan Semiconductor Manufacturing (TSM) shares reached $412.32, approaching a 52-week high of $421.97, driven by surging AI chip demand and t
Taiwan Semiconductor raises 2026 revenue growth outlook above 30% and lifts capital spending to $56 billion amid AI-driven demand. Taiwan Semiconductor Manufacturing (TSM) shares reached $412.32, approaching a 52-week high of $421.97, driven by surging AI chip demand and t
Taiwan Semiconductor raises 2026 revenue growth outlook above 30% and lifts capital spending to $56 billion amid AI-driven demand. Taiwan Semiconductor Manufacturing (TSM) shares reached $412.32, approaching a 52-week high of $421.97, driven by surging AI chip demand and t
Bit Digital bought $20 million ETH for first time since October before 15% plunge The firm said it purchased 8,568 ether on May 11 at an average price of $2,334. Since then, ETH broke below $2,000, leaving the firm sitting at a $3 million unrealized loss What to kno
Bit Digital bought $20 million ETH for first time since October before 15% plunge The firm said it purchased 8,568 ether on May 11 at an average price of $2,334. Since then, ETH broke below $2,000, leaving the firm sitting at a $3 million unrealized loss What to kno
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