Aethir officially launches its ACCELERATE program, securing 10 data center sites across the U.S. and Europe, with a target contract value exceeding $2 billion.
46 minutes ago
Aethir today announced the launch of its ACCELERATE strategic project, securing rights to use 10 AI data center sites in the U.S. and Europe, with a total capacity of up to 20 megawatts. The company disclosed that once these sites are fully completed, their total contract value will exceed $2 billion, with up to $700 million in contracts expected to be realized by the end of 2026. The sites support NVIDIA B300 and GB300 clusters, with node sizes ranging from 64 to 256, and deployment cycles are measured in months rather than the multi-year construction timelines of traditional data centers. Aethir also announced an update to its IDC token economic policy, introducing a token burn mechanism and a floating platform fee. The Aethir Foundation holds equity in Axe Compute.
The semiconductor and storage sectors continue to slump, with SanDisk down more than 10%, while Micron, Seagate, and Western Digital all fell by over 7%.
4 minutes ago
Trader 'Maji' adds to his 40x leveraged long Bitcoin positions, lifting the total to $39.45 million, at an average entry price of $78,890.2.
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Bitcoin drops over 2% in short-term trading, breaking below $78,000.
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Trump raises tariffs on Canadian cars and steel to 50%
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AAOI plunged more than 17%, dragging down the optical communication sector, as a $600 million at-market equity offering created structural selling pressure.
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HertzFlow mainnet transactions have officially launched, with an additional 390,000 WLFI tokens allocated as liquidity rewards.
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