ChainCatcher news, according to Bloomberg, informed sources revealed that Blackstone Inc. has recently completed a strategic investment of over $500 million in Lancium Inc.Lancium plans to build five data centers in the resource-rich areas of wind and solar energy in West Texas, with a total capacity of over 5 gigawatts, expected to be operational by 2028. The project aims to meet the energy demands of the surge in AI applications, including plans for on-site solar power generation and energy storage facilities.

ChainCatcher news, according to CoinDesk, broker Bernstein stated in a research report on Tuesday that Bitcoin miners are attractive partners for establishing artificial intelligence (AI) data centers because they have available power and operational capabilities.The report noted that recent AI deals, including Core Scientific's (CORZ) 12-year agreement with CoreWeave and Coatue Management's $150 million investment in Hut 8 (HUT), have become key catalysts for the industry.Additionally, Bernstein initiated coverage on mining company Iris Energy (IREN) with an "Outperform" rating and a target price of $26. The brokerage also started coverage on Core Scientific with an "Outperform" rating and a target price of $17. Iris Energy was reported at $13.40 in early trading on Tuesday, while Core Scientific was at $9.79.