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Hut 8 Corp. named E. Stanley O’Neal, the former chairman and chief executive officer of Merrill Lynch & Co., as chair of its board, the latest governance change as the company pushes deeper into energy and AI infrastructure.

ERCOT’s 4CP rule has long rewarded flexible loads that curtail during summer peaks. But with AI data centers driving Texas power demand, a proposed shift toward...

Texas added 456 MW of new NRG gas-fired power in Houston, giving ERCOT more dispatchable capacity as demand from data centers, industry and summer peaks strains...

Soluna Holdings has formalized a joint venture with Metrobloks for Project Kati 2, a planned multi-phase data center development in Willacy County, Texas, adding structure to the company’s push beyond bitcoin mining and hosting into AI and high-performance computing infrastructure.

TransAlta Corporation and its subsidiary, TransAlta Holdings U.S. Inc., signed a purchase and sale agreement on June 3, 2026, to acquire all issued and outstanding equity interests in Mountain Peak Holdco, LLC and Canyon Peak Holdco LLC. The sellers are MPP HoldCo LLC and CPP HoldCo LLC, with Kindle Energy LLC, a Blackstone Inc. portfolio company, acting as their representative.

Voltus, Inc. and Google announced a three-year agreement today, June 2, 2026, introducing a virtual power plant (VPP) model designed to meet expanding data center capacity demands through distributed energy resources. Operating under Voltus’s "Bring Your Own Capacity" framework, the initiative will aggregate up to 100 megawatts (MW) of accredited distributed capacity annually within the PJM Interconnection market.

Bitdeer has started construction on a vertically integrated energy and computing facility in Alberta, advancing a project that reflects how bitcoin miners are increasingly pairing data centers with dedicated power generation as demand from AI workloads reshapes the market for electricity and digital infrastructure.

DMG signed a non-binding LOI to provide 50 MW of AI colocation capacity at its Christina Lake bitcoin mining site, with a potential 12-year tenant deal. ...

At the GTC Taipei event on May 31, 2026, NVIDIA debuted the DSX platform, an integrated architecture intended to assist developers in building and operating AI factories. The platform aligns various layers of the technology stack—including silicon, software, and facility infrastructure—to minimize the cost per token and improve the reliability of large-scale AI production.