Dune Analytics Slashes 25% of Workforce in AI, Institutional Pivot
In brief Dune CEO Fredrik Haga announced Thursday that the company has cut 25% of its staff as part of a strategic refocus on AI...
Tag : Pivot
IREN Nvidia deal signals $3.4B AI pivot
IREN has signed a $3.4 billion IREN Nvidia deal to deploy up to 5 gigawatts of AI infrastructure over five years. Summary IREN will provide...
Keel Infrastructure Posts $145 Million Loss as Firm Completes Pivot From Bitcoin Miner to AI
In brief Keel Infrastructure (formerly Bitfarms) posted a $145M net loss in Q1 2026, with revenue down 23% year-over-year to $37M. The company completed its...
TeraWulf’s HPC revenue tops Bitcoin mining for first time as AI pivot accelerates
TeraWulf’s Q1 2026 results show $21 million in AI/HPC hosting revenue versus under $13 million from Bitcoin mining, marking the first quarter where high‑performance compute...
Robinhood defends Wall Street’s slow crypto pivot
Robinhood said at Consensus Miami 2026 that Wall Street is now actively building on crypto rails, though institutional adoption is moving slower and more fragmented...
K-Pop Firm's Stock Plunges as It Dumps Bitcoin Treasury Plan for AI Pivot
In brief K Wave Media’s board approved a strategic transformation to reposition the company as an AI infrastructure-focused entity. The Nasdaq-listed company secured access to...
Acting AG Todd Blanche confirms ‘code is not a crime’ in DOJ pivot
Acting US Attorney General Todd Blanche said the US Department of Justice and FBI are no longer targeting blockchain developers over platforms used for illegal...
Crypto hacks top $17b in a decade as attackers pivot from code to keys
DefiLlama logs 518 crypto hacks and over $17b in losses in 10 years, with attackers shifting from smart contracts to keys, bridges and wallets, as...
Core Scientific Reveals $3.3 Billion Junk-Bond Sale to Pivot Further from Bitcoin Mining to AI
In brief Core Scientific, which mines Bitcoin, said it would offer $3.3 billion worth of speculative-grade debt to capitalize on the AI boom. The firm...