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Bernstein sees IREN pivoting from Bitcoin mining to $3.7B AI cloud business

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As Bitcoin miner IREN shifts toward AI cloud infrastructure, leveraging a Microsoft deal and GPU expansion, analysts expect mining revenue to decline over time.

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Injective launches onchain futures market tracking Nvidia GPU rental costs

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The new index tracks rental prices for five Nvidia GPUs, offering leveraged trading and potential hedging against fluctuations in AI computing costs.

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Canada opens consultation on stablecoins, citing US GENIUS Act

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As part of the potential implementation of its Stablecoin Act, the Canadian government will hear from the public on a proposed framework for tokens from non-financial institutions.

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AI company Anthropic announces IPO, expected as early as November

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The artificial intelligence company disclosed more than $16 billion in revenue and an $80 billion net loss for the first half of 2026.

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