A whale bought another $1.51 million worth of UNI and $412,000 worth of LINK

The post UK and US Seal $42 Billion Tech Pact Driving AI and Energy Future appeared on BitcoinEthereumNews.com. Key Highlights Microsoft and Google pledge billions as part of UK US tech partnership Nvidia to deploy 120,000 GPUs with British firm Nscale in Project Stargate Deal positions UK as an innovation hub rivaling global tech powers UK and US Seal $42 Billion Tech Pact Driving AI and Energy Future The UK and the US have signed a “Technological Prosperity Agreement” that paves the way for joint projects in artificial intelligence, quantum computing, and nuclear energy, according to Reuters. Donald Trump and King Charles review the guard of honour at Windsor Castle, 17 September 2025. Image: Kirsty Wigglesworth/Reuters The agreement was unveiled ahead of U.S. President Donald Trump’s second state visit to the UK, marking a historic moment in transatlantic technology cooperation. Billions Flow Into the UK Tech Sector As part of the deal, major American corporations pledged to invest $42 billion in the UK. Microsoft leads with a $30 billion investment to expand cloud and AI infrastructure, including the construction of a new supercomputer in Loughton. Nvidia will deploy 120,000 GPUs, including up to 60,000 Grace Blackwell Ultra chips—in partnership with the British company Nscale as part of Project Stargate. Google is contributing $6.8 billion to build a data center in Waltham Cross and expand DeepMind research. Other companies are joining as well. CoreWeave announced a $3.4 billion investment in data centers, while Salesforce, Scale AI, BlackRock, Oracle, and AWS confirmed additional investments ranging from hundreds of millions to several billion dollars. UK Positions Itself as a Global Innovation Hub British Prime Minister Keir Starmer said the deal could impact millions of lives across the Atlantic. He stressed that the UK aims to position itself as an investment hub with lighter regulations than the European Union. Nvidia spokesman David Hogan noted the significance of the agreement, saying it would…

Institutional money is no longer just testing the waters of the crypto market – it’s preparing to take full control. […] The post Big Money Ready to Take Over Crypto by 2028 as Altcoins Ready to Burst appeared first on Coindoo.

The post Bitfarms Secures $300M Financing to Boost AI Infrastructure at Panther Creek appeared on BitcoinEthereumNews.com. James Ding Oct 10, 2025 15:28 Bitfarms converts a Macquarie debt facility into $300M project financing, drawing an additional $50M to accelerate AI development at its Panther Creek campus. Bitfarms Ltd., a prominent North American energy and digital infrastructure company, has successfully converted its existing private debt facility from Macquarie Group into a project-specific financing agreement worth up to $300 million. This move is aimed at accelerating the development of its data center campus in Panther Creek, Pennsylvania, according to a report by GlobeNewswire. Project Financing for HPC/AI Development The financing arrangement includes an additional $50 million draw, leading to a total of $100 million being drawn through closing. This capital is earmarked for accelerating equipment purchases and advancing high-performance computing (HPC) and artificial intelligence (AI) infrastructure development at the Panther Creek site. Bitfarms plans to start groundwork for the data center in the fourth quarter of 2025, with energization anticipated by the end of 2026. Strategic Partnership with Macquarie Ben Gagnon, CEO of Bitfarms, expressed enthusiasm about the conversion of the debt facility to project-level financing. He highlighted that this transition allows for a more flexible drawdown on the full facility, expediting construction timelines and positioning Bitfarms to meet growing demand for HPC/AI infrastructure in the region. The collaboration with Macquarie has been pivotal in advancing the development phases at the Panther Creek campus. Macquarie’s Commitment to AI Infrastructure Joshua Stevens, Managing Director of Macquarie Group’s Commodities and Global Markets business, emphasized their commitment to supporting Bitfarms’ 350 MW HPC/AI campus in Pennsylvania. Stevens noted that the state’s robust energy and fiber infrastructure makes it an emerging hub for AI infrastructure, with Bitfarms poised to deliver cutting-edge digital solutions. Broader Impact and Future Prospects Bitfarms’ strategic focus on U.S. expansion is…