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Artificial Intelligence News 9 October 2025 - 10 October 2025

IREN Stock Skyrockets 500% as Bitcoin Miner Reinvents Itself as AI Cloud Powerhouse

IREN Stock Skyrockets 500% as Bitcoin Miner Reinvents Itself as AI Cloud Powerhouse

Business Model & Industry IREN began as Iris Energy, a clean-energy Bitcoin miner, and has pivoted sharply into data centers for AI/HPC workloads. Its model is vertically integrated: it owns land, power contracts, and facilities (Canada, Texas) all run on 100% renewable hydro and wind power ts2.tech. This “green” setup gave IREN some of the lowest mining costs in the industry (around $0.03–$0.038 per kWh) ts2.tech ts2.tech. By mid-2024 it had ~20 EH/s of hashpower, making it a top-tier miner. Starting in 2024, management began aggressively re-purposing idle capacity to AI computing ts2.tech. In August 2025 it became an Nvidia “Preferred
10 October 2025
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NUAI Stock Skyrockets: Tiny Permian Data Center Bet Surges 84% on AI Hype

NUAI Stock Skyrockets: Tiny Permian Data Center Bet Surges 84% on AI Hype

Company Background & Strategy New Era Energy & Digital, Inc. (formerly New Era Helium) is a Midland, TX–based developer of “next-generation digital infrastructure and integrated power assets” businesswire.com. In August 2025 it rebranded to emphasize its pivot from helium extraction to AI data centers ts2.tech. The core strategy is to vertically integrate power and compute: it owns Permian Basin land and gas resources to power a proposed AI/ML data center campus. The flagship venture is Texas Critical Data Centers (TCDC), a 50/50 JV with Sharon AI. TCDC is designing a campus of ~438 contiguous acres (expanding to 1+ GW) dedicated
10 October 2025
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AI Data-Center Gold Rush: Applied Digital Rockets on $11B Contracts and Blows Past Q1 Forecasts

AI Data-Center Gold Rush: Applied Digital Rockets on $11B Contracts and Blows Past Q1 Forecasts

Overview: Dallas-based Applied Digital (NASDAQ: APLD) designs and operates high-performance data centers and cloud colocation – recently pivoting from crypto-mining hosting to AI and HPC (high-performance computing) workloads ts2.tech. Its flagship Polaris Forge campus in North Dakota was even named “Best Data Center in the Americas 2025” by Datacloud ts2.tech. In an AI-driven cloud boom, demand for such specialized capacity is running far ahead of supply, giving APLD a unique niche reuters.com ts2.tech. Q1 Results (Aug 31, 2025): Applied Digital’s Q1 (fiscal) was nothing short of a breakout quarter. Revenues jumped 84% YoY to $64.2 million stocktitan.net, thanks largely to tenant
10 October 2025
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APLD Stock Skyrockets on AI Deals: Applied Digital’s Big 2025 Rally, Earnings Blowout & What’s Next

APLD Stock Skyrockets on AI Deals: Applied Digital’s Big 2025 Rally, Earnings Blowout & What’s Next

Stock Price Surge and Recent Performance Applied Digital’s stock has delivered eye-popping returns in 2025, emerging as one of the market’s hottest tech plays. Year-to-date, APLD shares have climbed roughly +280%247wallst.com, reflecting investors’ enthusiasm for companies tied to the AI infrastructure boom. The rally intensified in late September and early October: between Sept 30 and Oct 2 alone, APLD stock jumped about 19% (from ~$22 to over $27) on heavy trading volumets2.tech. This surge was fueled by buzz around new capacity leases and speculation that Applied might ink deals with a major cloud “hyperscaler”ts2.tech. By Oct 3, the stock closed at $26.53, marking a record high and capping an
10 October 2025
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New Era Energy & Digital (NUAI) Stock Skyrockets on AI Data Center Dreams – Key Updates & Outlook

New Era Energy & Digital (NUAI) Stock Skyrockets on AI Data Center Dreams – Key Updates & Outlook

Latest Developments & October Stock Surge After a quiet summer, New Era Energy & Digital’s stock exploded in early October 2025 on the back of major project news and aggressive investor outreach. On October 9, NUAI shares nearly doubled intraday – a one-day jump of roughly 80% – following fresh updates on its West Texas data center ventureau.investing.com. The rally took the stock from around $1.54 to roughly $2.8–$2.9, on extraordinarily heavy volume. This kind of move echoed the late-September spike when NUAI announced completion of Phase One engineering; at that time, the stock closed +49.8% in a single session (Sept. 25) as retail traders piled
9 October 2025
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Snowflake Stock Rockets to Record High on AI Surge – Can $300 Targets Be Next?

Snowflake Stock Rockets to Record High on AI Surge – Can $300 Targets Be Next?

Snowflake’s shares have been on a tear through late 2025. After soaring on its strong Q2 report, SNOW traded near $247 on Oct 9 – close to its year‑high ts2.tech. That represents triple‑digit gains versus a year ago ts2.tech. The uptrend is driven by accelerating revenue growth and the cloud/AI hype cycle. Technically, the stock is extended (above its 50-day and 200-day moving averages around $216 and $197 marketbeat.com) but momentum remains strong. In the near term, investors will watch whether SNOW can sustain this pace or needs to consolidate around $250. On the fundamental side, Snowflake’s Q2 results underscore
9 October 2025
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Bitfarms Stock Explodes on Crypto & AI Boom – 148% YTD Rally

Bitfarms Stock Explodes on Crypto & AI Boom – 148% YTD Rally

Business Model and Operations Bitfarms is a “vertically integrated” Bitcoin miner: it builds, owns and operates its mining farms end-to-end investor.bitfarms.com. The company operates about 13 data centers (10 owned farms plus hosting agreements) across four countries investor.bitfarms.com. These facilities house thousands of ASIC miners powered mostly by hydro-electric and other long-term renewable contracts – Bitfarms boasts 82–90% renewable energy use investor.bitfarms.com ainvest.com. In-house teams handle electrical engineering, installation, and repairs investor.bitfarms.com. As of mid-2025, Bitfarms had ~17–19 EH/s of operational hashing capacity (after acquiring Stronghold Digital Mining, which added ~1 GW of U.S. projects cantechletter.com). This makes it one of North
9 October 2025
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AI Drug Discovery Goldmine? Inside Recursion Pharma’s Wild Stock Surge and What’s Next

AI Drug Discovery Goldmine? Inside Recursion Pharma’s Wild Stock Surge and What’s Next

Latest News (Oct 7–Oct 9, 2025) Stock Performance & Technical Analysis After languishing through the summer, Recursion’s share price came to life in early October 2025. By Oct 8 the stock had rebounded to around $6.09 insidermonkey.com, putting it near the middle of its volatile 52-week range ($3.97 – $10.87) ts2.tech. For context, RXRX had traded in the double-digits when AI hype in biotech peaked earlier in the year, then slid into the high-$3s during industry sell-offs ts2.tech. Even after this week’s pop, shares remain ~30% lower than a year ago (amid a broader biotech downturn) ts2.tech. Such dramatic swings
9 October 2025
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Serve Robotics (SERV) Stock Soars on DoorDash Deal – The Next Big Bet in AI Delivery?

Serve Robotics (SERV) Stock Soars on DoorDash Deal – The Next Big Bet in AI Delivery?

Latest News & Developments (October 2025) Serve Robotics grabbed headlines this week with a major new partnership announcement. On October 9, 2025, the company revealed a deal with DoorDash to deploy Serve’s sidewalk delivery robots for food orders on the DoorDash platform investing.com. Initially rolling out in Los Angeles, the pilot means DoorDash customers from select restaurants may have their meals delivered by a Serve robot investing.com. This is a strategic expansion beyond Serve’s exclusive relationship with Uber Eats to date. “This partnership enables us to go to cities where DoorDash is the dominant player… we’re looking for more demand,
9 October 2025
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Nvidia’s $2B Bet on Reflection AI Shakes Up the Global AI Race

Nvidia’s $2B Bet on Reflection AI Shakes Up the Global AI Race

Reflection AI’s $2B Funding Frenzy It’s official: Reflection AI has secured one of the largest funding rounds ever for a young tech startup – $2 billion in fresh capital led by Nvidia techmeme.com. The New York Times first reported the blockbuster raise, valuing the one-year-old company at roughly $8 billion techmeme.com. To put that in perspective, Reflection was valued at only ~$545 million as recently as March techmeme.com. In other words, its paper valuation has leapt nearly 15× in just six months, a virtually unheard-of jump. The NYT called this “the latest sign of investor fervor” around AI, even as
9 October 2025
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UiPath Stock Skyrockets on ‘Agentic AI’ Boom – AI Deals & Earnings Fuel Rally

UiPath Stock Skyrockets on ‘Agentic AI’ Boom – AI Deals & Earnings Fuel Rally

From RPA to ‘Agentic Automation’: A New AI Frontier UiPath built its name in Robotic Process Automation (RPA) by automating repetitive, rule-based tasks (like data entry or invoice processing). Now it’s pivoting toward what it calls “agentic automation,” where AI-powered “agents” handle more complex, knowledge-driven workflows with minimal human input trefis.com. In practical terms, this means going beyond scripted bots: AI agents can understand context, make decisions, and adapt on the fly – a natural evolution in the era of generative AI. At the Fusion 2025 conference in late September, UiPath even rebranded itself as “a global leader in agentic
9 October 2025
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Stock Market Today

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

7 February 2026
Google raised its 2026 capital expenditure forecast to $175 billion–$185 billion, with most spending expected on data-center chips. Broadcom shares rose about 2% after the announcement, while Nvidia and AMD slipped. Jefferies reiterated a buy rating on Broadcom, maintaining a $500 price target, implying a 62% upside from Wednesday’s close.
No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

7 February 2026
The IRS has not announced new federal stimulus payments for February 2026, and Congress has not approved fresh checks. Trump told NBC he is considering $2,000 tariff rebate checks but has not committed, saying any payout would likely come later in 2026. The IRS warns taxpayers to ignore texts and emails about “stimulus payments” and verify notices through official channels.
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