According to @DeepLearningAI, financial services firm Cantor Fitzgerald has issued a research note suggesting that Bitcoin (BTC) miner Core Scientific's (CORZ) stock could surpass $30 per share in a potential acquisition by AI cloud provider CoreWeave. This valuation represents a near-doubling of its current price, which recently surged 33% following a report from The Wall Street Journal about advanced buyout talks. Cantor Fitzgerald's bullish case is built on two key factors: valuing the 12-year, $3.5 billion AI infrastructure lease between the two companies at $24 per share, and adding $11.70 per share for the replacement value of CORZ's power infrastructure. This move is part of a broader trend where crypto miners like HIVE Digital (HIVE), which is purchasing a 7.2 MW data center in Toronto for AI, are pivoting their infrastructure towards more stable, long-term AI-related revenue streams. However, the report also notes that not all pivots are successful, citing the negative market reaction to Bit Digital's shift to Ethereum staking and Canaan's failed AI chip unit.

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 @sundarpichai, Elon Musk's X platform is preparing to launch investment and trading services soon, as confirmed by CEO Linda Yaccarino in an interview with the Financial Times. The move is part of a strategy to transform X into an 'everything app' similar to China's WeChat, offering comprehensive financial services like P2P payments. Given Musk's public support for Dogecoin (DOGE) and Tesla's significant Bitcoin (BTC) holdings, traders anticipate that these new financial features will likely incorporate cryptocurrencies. In a separate development highlighting a key industry trend, crypto mining firm HIVE Digital Technologies announced the acquisition of a 7.2-megawatt data center in Toronto to establish a sovereign AI infrastructure hub. This pivot follows a pattern seen with other miners like Core Scientific (CORZ), who are diversifying into the high-demand AI sector to create new revenue streams beyond crypto mining.