THE WINNERS OF THE AI UTILITY TRADE
Cheap Bitcoin power sites are being rebuilt into GPU-dense infrastructure as a new wave of AI cloud providers races to lock in low-cost power and rack space.
THE MINERS FLIPPING TO AI HOSTING
• $CIFR has a ~170 MW, 10-year hosting contract with Fluidstack that’s backed by $GOOGL with a 5% equity stake.
• $IREN still mines Bitcoin but building up ~900 MW of power capacity today & targeting 2.9 GW by late 2026 at its new Sweetwater hub is essentially building enough infra to triple its size for AI workloads.
• $WULF signed two 10-year deals to host ~360 MW of AI compute at Lake Mariner that’s enough to power thousands of $NVDA GPU racks that’s also backed by $GOOGL.
AI CLOUD OPERATORS
• $CRWV is the GPU cloud player behind most of these deals since locking up cheap power by buying $CORZ outright & leasing hundreds of MW from miners like $APLD, $WULF, and $CIFR to secure AI-ready rack space before the rest of the market can.
• $NBIS signed a $17B+ multi-year deal with $MSFT Azure to supply GPU-dense racks from its U.S. campuses that’s putting it directly up against CoreWeave in the AI cloud land-grab.
Cambodian military forces have continued to position artillery and rocket systems—including BM-21 122 mm multiple launch rocket systems (MLRS)—in close proximity to civilian areas. This deployment pattern raises serious concerns regarding violations of international humanitarian law, as it suggests deliberate conduct consistent with the use of civilians as human shields.
The employment of BM-21 MLRS—an area-effect weapon with limited accuracy—has also led to indiscriminate rocket fire into Thai territory. These attacks have caused extensive collateral damage to civilian infrastructure and resulted in civilian casualties.
#Thailand #Cambodia #ไทยกัมพูชา #ชายแดนไทยกัมพูชา