Bitcoin miner Bit Digital acquires $53M facility as AI, HPC push continues

Bitcoin mining company Bit Digital has acquired an industrial building in Madison, North Carolina, upping the ante in a business diversification strategy that includes strategic pivots into AI and high-performance computing.  Bit Digital agreed to buy the property for $53.2 million through Enovum Data Centers Corp., the company’s wholly owned Canadian subsidiary, regulatory filings show….

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Perplexity acquires Read.cv, a social media platform for professionals

Read.cv, a social media platform for professionals that competed with LinkedIn, has been acquired by AI-powered search engine Perplexity. As part of the deal, Read.cv will begin to wind down operations Friday. Users will be able to export their data, including their profiles, posts, and messages, until May 16. “We’ve long admired Perplexity and believe…

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SoftBank acquires UK AI chipmaker Graphcore

U.K. chip company Graphcore has been formally acquired by Japan’s SoftBank. Rumors of the deal have abounded for some time, but protracted negotiations and regulatory approvals have meant neither company has confirmed anything until now. Even today, the company wouldn’t confirm the one thing most people will be wondering: How much does Japanese multinational SoftBank…

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Sirion, now valued around $1B, acquires Eigen as consolidation comes to enterprise AI tooling

There’s a lot of buzz about generative AI and what impact it might have on businesses. But look beyond the hype and high-profile deals like the one between OpenAI and PwC last week, and you’ll see that the world is already years into using customer-facing, no-code AI tools for extracting information and working faster. Now,…

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