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Latest coverage of energy, compute, and markets

Alice Huang helped secure about $7.5 billion in Nvidia chips for China through a network of companies, including shipments of restricted processors, according to The Information.

Nscale, the British artificial intelligence infrastructure company backed by Nvidia, is reportedly considering postponing its planned New York initial public offering until 2027 following a sell-off in technology stocks,

CoreWeave (NASDAQ: CRWV) reported a 168% increase in third-quarter revenue to $3.66 billion, driven by rapidly expanding demand for artificial intelligence computing, but its net loss widened to $709 million as borrowing costs continued to outpace operating profits.

Bitdeer's financial performance in the third quarter of 2026 was marked by a sharp increase in top-line growth, with revenue rising 40% sequentially from the second quarter. The $320.7 million total was supported by a proprietary hashrate that expanded to 86.4 EH/s from 35.0 EH/s in the prior year. However, the company reported a net loss of $125.5 million, widening from a $30.1 million loss in Q3 2025. This bottom-line result was impacted by a $54.6 million non-cash loss stemming from fair value changes in digital asset loans.

On November 9, 2026, WhiteFiber subsidiaries Enovum NC-1 Midco, LLC and Enovum NC-1 Bidco, LLC executed a Term Loan Credit Agreement with Morgan Stanley Senior Funding, Inc. serving as the administrative agent and lead arranger. The financing package consists of a $200 million initial term loan and a $100 million delayed-draw facility. Both components of the debt carry a five-year maturity term starting from the date of the first disbursement.

Anthropic, PBC filed an amended Form S-1 with the Securities and Exchange Commission on November 10, 2026, for its initial public offering. The company is offering 801,351,354 shares of Class A common stock, while selling stockholders are offering an additional 23,648,646 shares. Based on a midpoint price of $74.00 per share, the company expects to raise approximately $59.4 billion in net proceeds, a figure that could rise to $68.4 billion if underwriters exercise their full option to purchase 123,750,000 additional shares.

HIVE Digital Technologies Ltd. announced its financial results for the second quarter of fiscal 2026, reporting total revenue of $84.9 million. The company, which operates sustainable data center infrastructure, stated that its AI GPU revenue grew by 70% during the period. This growth in the high-performance computing (HPC) segment is part of a broader strategy to diversify beyond its traditional bitcoin mining operations. The company reported a cash position of $139 million at the end of the quarter.

NRG Energy, Inc. reported a net income of $561 million for the third quarter ended September 30, 2026, a significant increase from the $152 million reported during the same period in 2025.

MARA Holdings (NASDAQ: MARA) reported a $632.1 million net profit for the third quarter of 2026 despite a 35% decline in revenue, as gains on its bitcoin holdings boosted earnings while the company continued expanding into energy generation and artificial intelligence infrastructure.
Hashrate, miner economics, and the industrial side of bitcoin
GPU clusters, hyperscale data centers, and AI infrastructure
Power generation, transmission, and the future of the grid
Market analysis, capital flows, and regulatory context