"America's Bitcoin Miner" looks to become America's HPC hoster

Partnership to create platform with more than $3 billion of initial data center assets

Proceeds will be used to refinance previous loans on three data centers

Will facilitate construction of data center

Nation's total IT capacity is 10.3GW

Struggling chipmaker has already secured backing from SoftBank and Nvidia in effort to reverse its fortunes

Comes as Cohere reveals $7bn valuation off the back of latest funding round

Will offer 25,000,000 shares of its common stock as part of the stock market float

Cryptomining firm signs 244MW deal in Texas with AI cloud firm, backed by search giant

Details of southern expansion not shared

Company has yet to build a data center of its own, but has big plans

Transition reinforces Netmore's commitment to the Brazilian IoT market and its role as a regional growth engine in Latin America

Aims to attract investment and ensure cheap service in the country

Subsidiary established to explore developments in Frankfurt

Aims to boost power management portfolio

Round was led by Fidelity Management & Research Company, with participation from Maverick Silicon and Walden Catalyst Ventures

Facility sold for around $555m

Previous deal with Bain Capital falls through

Decision was announced ahead of meeting where council were expected to deny the application

New unit to target cryptomining and offer powered land for development

Site will form part of a larger planned data center park in the region

Deal will add high-speed interconnect technology to support next-gen AI workloads

Investment package aims to reduce the country's digital divide

Apparently secures Nvidia licenses for GPU interconnect solutions