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Hydra Host, a data center software startup and AI server intermediary platform, has completed a $100 million funding round at a post-money valuation of nearly $800 million. The round was led by Kindred Ventures. Other investors include Nvidia, ARK Invest, Magnetar Capital (an early investor in CoreWeave), and existing shareholders Founders Fund and Flume Ventures.Founded in 2021, Hydra Host initially served cryptocurrency miners but has since pivoted to providing automation software for data center operators. This software enables them to rent out idle Nvidia AI server computing power and operate a GPU matching marketplace connecting GPU holders with renters. The company has now deployed its technology across 50 data centers globally, expanding from 30 in February of this year. (The Information)
former OpenAI researcher Leopold Aschenbrenner has updated the stock holdings of his "Situational Awareness Fund" as of the end of the first quarter of 2026.The disclosure shows that his major positions are concentrated in AI power, data centers, computing infrastructure, and Bitcoin mining companies. Among them, the Bloom Energy position amounts to $878.7 million, Sandisk to $724.4 million, and CoreWeave to $556.1 million.Additionally, he holds significant positions in mining companies and AI infrastructure firms such as Iren Limited, Core Scientific, Applied Digital, Riot Platforms, Cleanspark, Bitdeer, and Bitfarms and holds stocks semiconductor-related stocks including AMD, Intel, TSMC, ASML, and Micron.
According to the latest 13F filing, as of the end of Q1 2026, NVIDIA’s proprietary investment portfolio held stocks with a total market value of approximately $18.374 billion—significantly up from $13 billion at the end of 2025. The portfolio is highly concentrated in AI-ecosystem-related names (semiconductors, cloud computing infrastructure, EDA, optics, networking, and biopharmaceuticals). Notably, in Q1, NVIDIA increased its stake in CoreWeave by 94.5% to approximately 47.21 million shares, raising the holding’s value by roughly $1.78 billion. It also initiated new positions in Coherent Corp. (approximately 7.8 million shares) and Generate Biomedicines (approximately 833,000 shares). Intel remains NVIDIA’s largest holding, with over 214.7 million shares. This reflects Jensen Huang’s strategic initiative to support the entire AI ecosystem—from chips and cloud computing to networking, photonics, and drug discovery.
It is reported that Bybit today launched perpetual contracts for three popular AI-related stocks: CoreWeave (CRWV), Lumentum Holdings (LITE), and Broadcom (AVGO), offering traders tracking AI market trends more new options. These three assets—spanning AI computing cloud services, optical interconnect infrastructure, and AI chips and network cores—cover the most capital-intensive segments of the AI industrial chain. Bybit’s contracts support USDT margin, allow both long and short positions, and remain tradable even when U.S. equities markets are closed.
Galaxy Digital released its first-quarter 2026 financial results, reporting a net loss of $216 million and a diluted loss per share of $0.49. The primary driver was the broad downturn in cryptocurrency markets during the quarter, with total crypto market capitalization shrinking by approximately 20%. Its crypto asset holdings declined from $1.67 billion in Q4 2025 to $1.36 billion. As of the end of March, its largest crypto holding was 6,894 BTC (approximately $431 million), followed by $61 million worth of SOL and $42 million worth of ETH. Despite the pressure on earnings, Galaxy Digital’s AI infrastructure business is progressing smoothly: the company confirmed delivery of its first data center facility to CoreWeave and expects to fulfill its full commitment of 133 megawatts of AI/IT infrastructure by the end of Q2. Boosted by this news, the company’s stock (NASDAQ: GLXY) rose 5% intraday—a move that diverged from Bitcoin’s concurrent decline. Wall Street analysts currently assign GLXY an aggregate rating of “Moderate Buy,” with a consensus target price of $39.40—implying roughly 50% upside from its share price of $26.30 at the time of writing.
Galaxy Digital has released its financial results for the first quarter of 2026, showing a net loss of $216 million for Q1, impacted by the downturn in the crypto asset market during the quarter. The diluted and adjusted loss per share was $0.49. Adjusted gross loss for the period was $88 million, and adjusted EBITDA loss was $188 million. As of March 31, Galaxy Digital's total equity stood at $2.8 billion, holding $2.6 billion in cash and stablecoins.In terms of digital asset business, Galaxy's assets under management reached $5 billion, with staked assets totaling $3.2 billion. BlackRock has selected Galaxy as the validator for its staked Ethereum exchange-traded fund, the iShares Staked Ethereum Trust ETF. Additionally, Galaxy has delivered the first data hall at the Helios data center to CoreWeave, officially beginning revenue recognition, and expects to complete the delivery of the first phase's 133 megawatts of critical IT load by the end of Q2 2026. (PRNewswire)
According to Cointelegraph, publicly listed AI cloud infrastructure company CoreWeave announced a $6 billion agreement with quantitative trading firm Jane Street to provide AI cloud computing services across multiple data centers, supporting Jane Street’s trading and research operations. Per the announcement, Jane Street also purchased $1 billion worth of CoreWeave’s Class A common stock at $109 per share. CoreWeave transitioned from a cryptocurrency mining business to an AI cloud computing infrastructure company as early as 2019 and has since established itself as a leader in the “new cloud computing” space.
According to The Block, Galaxy Digital released its full-year 2025 financial results. Although the company reported a net loss of $241 million for the year, its core business achieved profitability on a non-GAAP basis. Specifically, its digital asset business segment—which includes trading, lending, asset management, and staking services—generated adjusted gross profit of $505 million. Boosted by this performance, GLXY’s stock closed up 11.3% that day at $21.15. CEO Mike Novogratz stated that the company’s Helios data center has received ERCOT approval to expand capacity to 1.6 gigawatts, and CoreWeave has signed a long-term lease for 800 megawatts of that capacity, securing a stable, long-term revenue stream. He emphasized that the industry is shifting from “narrative-driven” to “infrastructure-driven,” and Galaxy will continue to focus on core areas including the institutional market, asset management, onchain infrastructure, and AI data centers.