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Cipher Digital's stock surged 9% after ERCOT, the Texas power grid operator, granted the company 3.2 GW of conditional capacity status.
ERCOT, the Texas grid operator, has granted Cipher Digital conditional grid capacity classification for 3.2 gigawatts (GW) of Texas projects through its "Batch Zero" process, driving Cipher Digital (N
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Core Scientific's Q2 Revenue Doubles, Driven by AI Colocation, Despite $1.15 Billion Net Loss
Core Scientific reported its second-quarter revenue doubled, driven by the accelerated expansion of its AI colocation business, which has become its largest segment. However, the company recorded a $1
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Cipher Digital's stock surged 9% after ERCOT, the Texas power grid operator, granted the company 3.2 GW of conditional capacity status.
ERCOT, the Texas grid operator, has granted Cipher Digital conditional grid capacity classification for 3.2 gigawatts (GW) of Texas projects through its "Batch Zero" process, driving Cipher Digital (N
-
Core Scientific's Q2 Revenue Doubles, Driven by AI Colocation, Despite $1.15 Billion Net Loss
Core Scientific reported its second-quarter revenue doubled, driven by the accelerated expansion of its AI colocation business, which has become its largest segment. However, the company recorded a $1
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