Terawulf and IREN shift from bitcoin mining to AI amid shrinking mining revenues and rising losses.

OpenAI raises $11B at $1.25T valuation, part of a $20B funding round amid AI market uncertainty.

OpenAI has raised $11 billion so far in a new funding round valuing the company at $1.25 trillion, with the round expected to close at around $20 billion. This funding round is smaller than the initially targeted $30 billion. The AI market faces unce...