Elon Musk's xAI will provide computing power to programming startup Cursor, utilizing thousands of GPUs to train its new code model. This shift enhances xAI’s role in computing services, potentially increasing revenue and addressing operational costs amid ongoing losses.

HIVE Digital Technologies plans to raise $75 million via 0% exchangeable senior notes to enhance GPU procurement and data center growth. Following the announcement, its stock dropped 11.5%, underperforming the mining sector.

CoreWeave announced a $1 billion unsecured notes offering at a 9.75% coupon, following a $1.75 billion bond issuance. The funds are for debt repayment and corporate purposes, reflecting CoreWeave's capital-intensive model and strong demand for GPU rentals.

HIVE Digital Technologies plans to raise $75 million via private placement of convertible senior notes. Proceeds will fund GPU purchases, data center construction, and corporate needs. The company anticipates transitioning to the main TSX board by April 30, 2026.

Hannam University has launched a GPU data center project in Daejeon, South Korea, set to house over 62,500 GPUs at a cost of $1.9 billion. Supermicro is in charge of GPU procurement, and the facility aims to support up to 320,000 GPUs with advanced cooling systems.

Elice Group, a South Korean AI firm, plans to IPO this year to fund next-gen portable modular data centers. With a revenue increase and a focus on cloud services over education, they aim to expand AI solutions and secure GPU procurement projects.

Naver issued $1.09 billion in green bonds to fund eco-friendly data centers and ESG initiatives. The investment supports its carbon neutrality goal by 2040 and contributes to South Korea's AI strategy by advancing GPU deployment.

Gate News message. On April 15, according to Gate market data, as of the time of writing, COAI (ChainOpera) is trading at $0.42. In the past 24 hours, it is up 35.67%, with a highest of $0.58 and a low of $0.31. The 24-hour trading volume is $15.01 million. Its current market cap is approximately $82.91 million. ChainOpera AI is a blockchain-based full-stack AI platform committed to enabling collaborative intelligence through a network of AI agents and models that are jointly created and owned by the community. It integrates three core functions: AI applications for end users, a developer platform for creating agents, and a decentralized infrastructure layer for models and GPU resources—everything built on a unified protocol. The platform is

Nvidia shares increased by over 18% in 10 days, fueled by high demand for AI chips from major tech companies. CEO Huang announced over $1 trillion in GPU orders through 2027, while Nvidia denied acquisition rumors and launched a quantum computing model.

Gate News message. On April 14, according to Gate market data, as of the time of publication, BLESS (Bless) is trading at $0.02091. In the past 24 hours, it has risen 136.95%, reaching a high of $0.03747 and falling to a low of $0.00844. The total trading volume over the past 24 hours was $5.68M. The current market cap is approximately $38.5129 million. Bless is a decentralized edge computing network that provides on-demand CPU and GPU capabilities for AI, machine learning, and advanced data tools near end users. The network allows users to share their devices’ idle compute resources by installing a desktop application or a browser extension, so they can earn corresponding rewards without special hardware or complex setup. Bless offers one-click access to computing resources, supporting AI model training