Cipher is increasingly leaning on debt-backed, flexible financing rather than equity issuance as it scales out its AI infrastructure. The steady stream of long-term leases suggests hyperscalers are ...

Block has rehired at least four laid-off employees, according to LinkedIn posts. One engineer said he was rehired after his layoff was deemed a "clerical error ...

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Block on Thursday announced that it will cut nearly half of its workforce as the payments firm works to embed artificial intelligence (AI) throughout its operations. The layoffs will affect over 4,000 ...

Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey. Dorsey thinks ...

Cipher Digital (CIFR) shares rose more than 6% on Tuesday despite reporting fourth-quarter results that missed Wall Street expectations and highlighted its shift away from bitcoin BTC $77,382.81 ...

Jack Dorsey’s decision to lay off hundreds of employees and aggressively promote the use of artificial intelligence at his financial services company, Block Inc., has led to riled workers downgrading ...

Cipher Mining Inc. (NASDAQ:CIFR) named Drew Armstrong as Head of Strategic Initiatives and Lee Bratcher as Head of Policy and Government Affairs on January 6, 2026. Bratcher provides industry ...

Cipher Mining (CIFR) shares jumped 19% after the firm entered a $5.5 billion, 15-year lease agreement with Amazon Web Services (AMZN) to provide turnkey space and power for AI workloads. Under the ...

IREN Limited (NASDAQ: IREN) and Cipher Mining Inc. (NASDAQ: CIFR) made major moves with Microsoft and Amazon, signaling their shift from Bitcoin mining to AI infrastructure. IREN Limited (NASDAQ: IREN ...