Core Scientific is converting its Pecos, Texas site into a high-density AI colocation hub, repurposing 300MW of mining capacity. Bitcoin miner Core Scientific plans to scale its Texas operations into a large artificial intelligence-focused data center campus with up to 1.5 gigawatts of gross power capacity. In a Monday announcement, the company said it is developing its Pecos, Texas, site into a high-density colocation hub designed to support AI workloads amid rising demand for computing infrastructure. Of the planned capacity, about 1 GW is expected to be available for leasing. “We continue to leverage our deep in-house expertise to differentiate how we build and scale next generation artificial intelligence infrastructure,” Adam Sullivan, CEO of Core Scientific, said. Read more
City Grill group, leader of Romania restaurant market, will invest EUR7 million to build a new plant dedicated to the ready meal product range, located in Buftea, Ilfov county.
The platform targets retail traders with always on access across more than 500 crypto and traditional markets, including equity-linked derivatives, from a single interface. Liquid has raised $18 million in a seed funding round to expand a platform that lets users trade crypto and traditional assets around the clock from a single interface. The platform offers access to more than 500 markets across crypto, equities, commodities and foreign exchange, with leverage of up to 200x and tools that allow trading without transferring custody of assets, according to Tuesday's announcement. The round was co-led by Neo and Left Lane Capital, with participation from Haun Ventures, K5 Global, SV Angel, AntiFund and Sunflower Capital, alongside existing investors Paradigm and General Catalyst. Read more
Private equity fund Booster Capital has acquired a majority stake in Servicii Publice SA, a leading player on Romania veterinary products wholesale market, marking the exit of founders Aurelian and Liliana Ghisa from the shareholding structure.