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Medical device maker Semler Scientific purchased an additional 83 Bitcoin for $5 Million, boosting its total Bitcoin treasury to 1,012 BTC acquired for $68M. Semler is pursuing a strategy of buying Bitcoin with cash reserves.
Decentralized Science (DeSci) leverages blockchain to promote transparency, collaboration, and open access in scientific research, addressing the centralization issues of traditional science. (Read More)
IBM Research is pushing the boundaries of science, mathematics, and computation through its exploratory science initiatives. (Read More)
Core Scientific is now the first to use Blocks new ASIC technology for large-scale mining operations.
Medical device maker Semler Scientific acquired 247 more Bitcoin and plans to raise $150 million to further expand its Bitcoin treasury holdings, following MicroStrategy's lead.
Core Scientific expects that its AI collaboration with CoreWeave will generate $3.5 billion over 12 years from renting out 18% from its infrastructure.
Core Scientific signs a 12-year contract with AI company CoreWeave, expected to yield over $3.5 billion in revenue.
The post Bitcoin miner Core Scientific signs major deal with Nvidia-backed firm CoreWeave, targets $3.5B in revenue appeared first on Crypto Briefing.
Core Scientific is well-positioned to take advantage of new opportunities at its mining facilities.
Discover the essentials of experimental design, including key concepts and types. (Read More)
Core Scientific, a Bitcoin miner firm, saw a 49% increase in Q1 2023 revenue to $179.3 million, with a net income of $210.7 million, despite facing risks from Bitcoin price volatility and debt. (Read More)
Core Scientific, a prominent blockchain and AI company, reported a significant shortfall in Q1 revenue despite posting a remarkable $580 million profit for the same period. This unexpected discrepancy has surprised many industry experts and analysts who were expecting higher revenue figures based on the company’s previous performance. The company’s impressive profit margin can be [...]
Another publicly traded company adopts BTC as its primary treasury reserve asset.
Semler Scientific has announced a significant loss on paper due to the fluctuating value of Bitcoin. The company is now considering selling securities to mitigate this loss. This financial move comes as Semler Scientific grapples with the impact of the volatile cryptocurrency market on its balance sheet. Semler Scientific’s decision to report a paper loss [...]
The post Semler Scientific reveals $42 million loss on Bitcoin investment, announces $500 million stock offering appeared first on Crypto Breaking News.
NVIDIA NIM, in collaboration with CytoReason, leverages AI to expedite the extraction of biological insights from scientific literature, significantly reducing processing time while maintaining high accuracy. (Read More)
Core Scientific has signed a multi-year contract to provide CoreWeave with up to 16 MW of data center infrastructure for AI and HPC workloads, with potential revenue exceeding $100 million. (Read More)
Core Scientific, a leading blockchain hosting provider, has recently experienced a decline in its market position. This setback comes after Microsoft decided to end its partnership with Core Scientific and instead strike a deal with CoreWeave, a competitor in the blockchain industry. The news of Core Scientific’s shares dropping has created a ripple effect in [...]
The post Core Scientific’s Stock Plummets 18% After Microsoft’s CoreWeave Deal Cuts appeared first on Crypto Breaking News.
Decentralized Science (DeSci) leverages blockchain to revolutionize scientific research by addressing funding shortages, access barriers, and collaboration limitations. (Read More)
Core Scientific has announced a significant fiscal recovery for Q4 2023, with a notable increase in self-mined bitcoin and improved financial results. (Read More)
The agreement is set to bring approximately $7.5 million of annual revenue according to Greenidge CEO Dave Anderson.
Core Scientific said favorable market conditions have increased its liquidity position and its bankruptcy restructuring plan has been revised.
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