AI

QumulusAI Secures $500M Blockchain-Backed Facility to Scale AI Compute Infrastructure
The non-recourse facility allows QumulusAI to borrow stablecoins against up to 70% of its approved GPU deployments.

Decentralized AI Marketplace Recall Announces Token Generation Event
The token will be used to fund and reward AI tools, allowing holders to vote on protocol upgrades and treasury allocations.

YZi Labs Introduces $1B Fund for BNB Chain Projects
YZI Labs says it wants the BNB ecosystem to form a backbone of "democratized access and ownership"

IREN Declines 6% on $875M Convertible Note Offering
The hot-handed bitcoin miner turned high-performance computing play could raise as much as $1 billion in the note sale.

DCG Subsidiary Yuma Taps TradeBlock Founders to Lead Growth in Decentralized AI on Bittensor
Yuma has appointed veteran crypto founders Greg Schvey and Jeff Schvey as its new Chief Operating Officer and Chief Technology Officer, respectively.

AI and HPC Hype Fuels Pre-Market Rally in Bitcoin (BTC) Mining Stocks
Bitcoin treasury stocks are lagging, however, despite BTC trading above $124K.

Kill the Captcha: They Don't Work, Here's What Does
Digital proof of personhood offers a path out of the arms race between bots and CAPTCHAs, argues Daniel Brunsdon of human.tech.

CoreWeave Stock Surges on $14.2B Meta AI Deal, Core Scientific Merger Looms
CoreWeave secures $14.2 billion dollar Meta contract, draws bullish analyst coverage, and awaits Core Scientific merger vote.

Cipher Is the Latest Bitcoin Miner to Pivot to AI; Price Target Raised to $16: Canaccord
The broker maintained its buy rating on the stock and raised its price objective to $16 from $12.

Cloudflare Unveils U.S. Dollar Stablecoin for AI-Powered Internet Economy
The cloud company said the token, dubbed NET Dollar, will enable instant, global transactions for autonomous agents online.

