According to @DeepLearningAI, HIVE Digital Technologies (HIVE) is diversifying its revenue streams by acquiring a 7.2-megawatt data center in Toronto, Canada. The source states this facility will be transformed into an AI infrastructure hub by its subsidiary, BUZZ HPC, and upgraded to host up to 5,000 next-generation GPUs with liquid cooling. This strategic pivot into high-performance computing (HPC) for AI reflects a growing trend among crypto miners, such as Core Scientific (CORZ), to leverage their infrastructure expertise to capture opportunities in the booming AI sector, potentially creating new, stable revenue sources outside of volatile crypto mining.

According to @DeepLearningAI, Matter Labs has introduced "Airbender," a new ZKsync prover capable of generating Ethereum (ETH) block proofs in just 35 seconds on a single GPU. This technological leap is poised to dramatically lower transaction fees into the "fraction of a cent territory," which could be a game-changer for high-frequency trading, micropayments, and decentralized social applications on the Layer-2 network, as stated by Matter Labs co-founder Alex Gluchowski. The new prover, based on the RISC-V framework, is slated for a potential protocol upgrade this summer, signaling a major scalability advancement for the ZKsync ecosystem. In a related trend of infrastructure convergence, crypto mining firm HIVE Digital Technologies is acquiring a 7.2 MW data center in Toronto to build an AI hub, highlighting a strategic pivot by crypto miners to capitalize on the high-demand AI compute market and diversify revenue streams.

According to @StockMKTNewz, investment firm Cantor Fitzgerald has issued a research note suggesting that Bitcoin (BTC) miner Core Scientific (CORZ) could be valued at over $30 per share in a potential acquisition by cloud compute firm CoreWeave. This valuation is based on a significant 12-year, $3.5 billion infrastructure lease for CoreWeave to use 200 megawatts of AI capacity, which Cantor values at $24 per share, plus an additional $11.70 per share for the replacement value of CORZ's power infrastructure. This move highlights a broader trend analyzed by Rittenhouse Research, where crypto mining companies are pivoting their infrastructure to the high-demand AI compute market for more stable, long-term cash flows compared to the volatile BTC mining industry. Concurrently, Senator Cynthia Lummis has introduced the RISE Act of 2025, a bill that would require AI developers to disclose technical details and limitations to avoid civil liability, promoting transparency in the same AI sector that crypto miners are now entering. However, the report also notes that such pivots are not always successful, citing the stock declines of Bit Digital and Canaan after their strategic shifts away from BTC mining.

According to @cas_abbe, Inference Labs is advancing the AI stack for Web3 through collaborations with Bittensor, Render, and Mode. Bittensor provides the AI incentive layer, facilitating rewards for AI contributions on the blockchain. Render offers on-chain AI compute resources, enabling decentralized processing power. Mode focuses on scaling AI dApps, enhancing their performance and accessibility. These collaborations could significantly impact trading strategies by improving AI-driven analytics and execution in Web3 environments.