Torrance manufacturer Hadrian raises $1.37B to build AI-powered factories

The Torrance company plans to open new factories and expand into munitions and autonomous systems. Its footprint now spans nearly 3 million square feet.

The Torrance company plans to open new factories and expand into munitions and autonomous systems. Its footprint now spans nearly 3 million square feet.

All 133 MW is live, but the revenue figure is Q3 guidance and does not yet offset the Q2 loss. The post Galaxy Digital lost $85M on crypto as its projected $80M in AI revenue must offset $3.5B AI investment appeared first on CryptoSlate.

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In AMD’s latest bid to upset Nvidia's dominance in AI hardware, the House of Zen has acquired AI chip company Taalas, which bakes model weights directly into silicon in a process that promises to boost inference performance by an order of magnitude or more. T…