NEW AGE OF GOLD! Is the foundation building the next major battleground for investors to become new Gold?

Powered by AI, numeracy is the “oil” of a new era.

According to the public, AI's vocals are driven by the demand for data handling of the data. To meet the growing demands of computing, the world has begun building a new round of data centers, and the Data Center Business is expanding at an exponential pace.

McKinsey previously noted that global AI infrastructure investment could exceed $1.7 trillion by 2030, with real power demand breaking from a few tens of megawatts to gigawatts.

AI forensics demand explodes! Which infrastructure stocks are expected to benefit?

Traditionally, when it comes to the cloud computing market, most people are likely to come up with Amazon AWS, Amazon AWS, and Microsoft Azure. However, due to the rapid development of AI technology, the whole market is changing. A number of AI-based startups are rapidly starting out with innovative business models and cutting-edge technical expertise to challenge traditional cloud service giants in this key area to become the emerging Block Orders in AI's power supply chain.

In addition, many mining companies are beginning to transform themselves, as the power and plants originally used for mining have become the most scarce AI infrastructure resources of the future.

Beef Steward is aware of the emerging Block Orders that are currently building the following shares and provides our investors with references:

This includes AI Infrastructure Duo $CoreWeave(CRWV.US)$ 、 $NEBIUS(NBIS.US)$ ; Emerging AI Infrastructure Providers $WhiteFiber(WYFI.US)$ ; Data Center Service Provider $TSS Inc(TSSI.US)$

Mining Transformation Company $Applied Digital(APLD.US)$ 、 $IREN Ltd(IREN.US)$ 、 $TeraWulf(WULF.US)$ 、 $Core Scientific(CORZ.US)$ 、 $Hut 8(HUT.US)$ 、 $HIVE Digital Technologies(HIVE.US)$ 、 $Bitfarms(BITF.US)$ 、 $Bitdeer Technologies(BTDR.US)$ 、 $Galaxy Digital(GLXY.US)$ 、 $Cipher Mining(CIFR.US)$ 、 $Riot Platforms(RIOT.US)$ 、 $MARA Holdings(MARA.US)$ 。

Before“Crypto Miners Lead an Agenda Revolution! Who has the potential to be the next Coreweave?In detail, interested fellow investors can click to review the advantages and business of the company involved.

Which company is Neocloud worth paying attention to?

This year, the NeoCloud Concept has been gaining momentum in the Technology and Investment Circle.

Analytical Institutions SemiAnalysisLaunched the ClusterMax™ GPU Rating System in March, which assesses the full capabilities of GPU service providers across multiple dimensions. NEOCloud will be divided into five levels: Platinum, Gold, Silver, Gold, Silver, Gold, Silver “Bronze” and “Underperformance”.

According to this rating, $CoreWeave(CRWV.US)$ Awarded the only highest platinum rating; $NEBIUS(NBIS.US)$ 、 $Microsoft(MSFT.US)$ Azure and $Oracle(ORCL.US)$ Received a gold rating; $Amazon(AMZN.US)$ AWS is awarded Silver Medal; $Alphabet-C(GOOG.US)$ Cryptos Miners in Cloud Copper $IREN Ltd(IREN.US)$ It was rated as underperforming.

On the other hand, due to market views, IREN has not reached the level of ratings of leading service providers such as CoreWeave in the future, but there is no room for momentum and development in the infrastructure building store or a specific market strategy, but it is not possible to gain value for incremental service capabilities and ratings. One step by step note.

This article discusses the three major emerging Block Orders—CoreWeave, NEBIUS, and IRENE development based on the ClusterMax™ GPU cloud rating system—CoreWeave, NEBIUS, and iRenew. Instrument View:

One, CoreWeave: Mining Startups, Embracing NVIDIA, All In Energy Rental

Based on Financial Statements Research Reports, $FCN 260305-6 COIN+CRWV+NVDA(FCN260305-4HK.FTSN)$ Starting with mining in 2017, Atlantic Crypto built up a large number of GPUs, following the currency crash, the company began exploring a transformation, acquiring second-hand GPUs at low prices and moving to high-performance computing rental services in areas such as AI, video and more.

ChatGPT in 2022 launches a global breakthrough, with CoreWeave Borrowing Bare Metal GPU model and powerful power delivery capabilities, forging deep partnership with NVIDIA in 2023, attracting major customers including OpenAI, Meta, Microsoft, All In Power Rental, becoming the most affordable utility to date One of the suppliers of AI Core Infrastructure Facilities for Visual Power.

CoreWeave has 32 data centers running over 0.25 million+ GPUs, serving major North American customers such as Microsoft, NVIDIA, OpenAI, Meta, and Google. CoreWeave focuses on GPU-driven power rental services, with 32 data centers and over 0.25 million PUs, leading North American customers such as Microsoft, NVIDIA, OpenAI, Meta, Google, and adding to the rapidly growing computing needs of its customers while increasing the vitality of other open source assets.

Microsoft is the first largest customer, with a revenue margin of over 62% in 2024. CoreWeave and Microsoft Signature Services Agreement, in 2023, CoreWeave confirmed revenue of $81 million for Microsoft's services, and $1.2 billion in 2024, and 62% of total revenue.

—NVIDIA nurtures CoreWeave, renting out other power. In early 2023, NVIDIA has agreed to pay CoreWeave $1.3 billion over four years to lease back self-produced chips, which will last until August 2027.

OpenAI and CoreWeave Sign $11.9 Billion in Five-Year Lands. As of March 10, 2025, CoreWeave and OpenAida generated $11.9 billion in revenue each year, adding approximately $2 billion annually to CoreWeave.

Google has started talking with CoreWeave to improve its locking power. According to the INFORMATION report, Oracle is in talks with CoreWeave to lock in NVIDIA's advanced Blackwell chip, while it hopes to lease CoreWeave's data center space to install other mass processing units (TPUs) that are partnering with Broadcom.

It is worth noting that in the context of high computing demands, CoreWeave provides machine services in the GPU-Direct Service (GAAS) mode. For customers, it is possible to meet the needs of traditional manufacturers to meet the needs of more precision and higher profitability AI services demonstrate to CoreWeave that GPUs can reduce performance losses from virtualization, increase compute efficiency, and increase GPU utilization.

In addition, CoreWeave has two distinct advantages: missing multi-card group management capabilities and public cluster network communication capabilities.

Mon-Card Cluster Management Capability: In the Non-Superscale Modeling Service Provider (CSP), CoreWeave is the least resource-rental provider that can operate ultra-large scale model clusters that can manage more than 10,000 H100GPU-structured compute clusters that require power rental factory equipment Strong technology storage and operational capability.

Expanded clustered network communication capabilities: CoreWeave is a provider of fully configurable InfiniBand SHARP (scalable tiered multiplexing), CoreWeave is capable of real-time in-network computing, demonstrating the communication efficiency of large-scale simulation training. AT THE SAME TIME, THE MONITORING SYSTEM IS COMPLETE, OTHER DEVELOPED NCCL PERFORMANCE ANALYTICS PLUGS HELP CUSTOMERS IDENTIFY COMMUNICATION BOTTLE PIN POINT CONTROLLERS, AUTOMATICALLY SEPARATE FREQUENT POINTS, AND PROVIDE HEAT BACKUP POINT REPLACEMENT WITHIN 90 SECONDS, MINIMIZING TRAINING INTERVAL TIME.

Thanks to the GAAS model and group management capabilities, CoreWeave can be low-priced, cost-effective, and highly efficient.

In fact, CoreWeave is important in AI computing leaderships. Â The company is a leading provider of full-scale Blackwell GPU product offerings, specializing in workload design data centers for AI, IBM and MISTRAL AI-branded companies. Analysts predict that CoreWeave's year-to-date revenue growth is expected to grow 127%, possibly to $11 billion, driven by demand.

From the perspective of the stock price, CoreWeave has no implications, falling by about 50% from its historic high and not recording an increase of 150% year-over-year. Despite the near term, the company expects global support for AI infrastructure to reach $3 trillion to $4 trillion by the end of this year, as NVIDIA Chief Financial Officer Colette Kress said in an Earnings Reports conference call. However, a high average customer base is one of the risks of other companies.

II. NEBIUS: WIN SHORT-TERM RENTAL PRICE COMPARISONS WITH EUROPE

Based on Financial Statements Research Reports, $NEBIUS(NBIS.US)$ Formerly the Russian version of Google, AI has been steadily transforming rental power.

Nebius is founded by Yandex, a Russian technology giant, whose business is searching for maps, cars, music and popular media. In 2022, Yandex temporarily changed its policy, launched a military regroupment, cut off the Russian market. In October 2024, Yandex and Nebius completed a successful merger. Reborn NEBIUS leverages Yandex's AI capability storage and builds Hyperscaler's expertise, leveraging a large number of AI infrastructure facilities, All In power rentals, and into global AI infrastructure facilities, providing large scale GPU power group rental services and related development tools.

In partnership with CoreWeave, NEBIUS has acquired an investment from NVIDIA. As a local service provider in Europe, Nebius relies on the support of the IPCEI CIS project in Europe. NEBIUS OFFERS LOWER POWER PRICES BY WORKING DIRECTLY WITH ODM MANUFACTURERS AT ITS OWN FINANCIAL ADVANTAGE. At the same time, NEBIUS has a professional team of 400+ software hardware engineers to support the ODM strategy to help GPUs quickly gain ground.

In addition, CoreWeave's location is primarily a provider of computer servers, while NEBIUS is working to build full-scale infrastructure facilities for the rapidly growing global AI Industry. Other services include large-scale GPUs, developer tools and support services to create integrated high-performance solutions based on proprietary software infrastructure and hardware design capabilities — including server, rack and data center design.

This difference further leads to the difference in the appearance of the two people in the customer structure and development mode. AI Servers are more likely to meet the demanding needs of the computing power expansion of the technology cluster, while NEBIUS is lending comprehensive services to large enterprises, and other customers are more likely to adopt a typical service provider model, and other customers range from medium to small AI start-ups to large technology companies. Structures are more complex. This broad customer base makes NEBIUS less effective than large customers and enhances Business risk aversion.

IN ADDITION, NEBIUS HAS SET ITSELF THE GOAL OF INCREASING GPU CAPACITY BY MID-2025 TO BECOME A GLOBAL LEADING PROVIDER OF AI INFRASTRUCTURE FACILITIES.

CURRENTLY, NEBIUS HAS RISEN 160% YEAR-ON-YEAR, ACCELERATING ITS POST-EARNINGS GROWTH. However, investors need to be alarmed by differences in the speed of expansion and the timing, and any credit number that is not expected can trigger a reversal.

Third, IREN: It is not only the “king of efficiency” in mining, but also the HPC “engine of change”

$IREN Ltd(IREN.US)$ Iris Energy is the first to launch a large-scale Bitcoin mining project using low-cost renewable energy. However, starting in 2024, the company will undertake a key strategic transformation, from a single Cryptocurrency Mining Business to Face-to-Face Artificial Intelligence (AI), High Performance Computing (HPC) and providing data center solutions and services. This major transformation is now in the process of being renamed IREN Limited in December 2024.

IREN's Business is currently structured into three Core Sectors:

Bitcoin Mining

As a core business and a major source of revenue for the company, IREN mines Bitcoin through other data centers, obtains Bitcoin from block rewards and trade fees, and converts them into USD or USD equivalent qualifying currency to generate revenue.

— AI Cloud Services

This is the new strategic point of the company. IREN is powered by Dell Technologies PowerEdge XE9680 Servers, equipped with next-generation NVIDIA H100, B200 and B300 GPUs, providing high-performance computing services to help customers handle energy-intensive AI training and management tasks. The Business Block Sector hardware has a 98% profitability ratio, demonstrating the profitability shown, which is considered to be the core driver of the company's unprofitable growth.

— AI Data Center

Apart from direct line provision, IREN offers host piping and customized construction services. This enables companies to provide dedicated data center infrastructure facilities for customers who already have their own hardware (such as GPUs) to enhance business agility and customer responsiveness by better responding to market demands.

According to the company's latest performance, Q2 revenue and Net income were recorded at $0.1873 billion and $1.769 billion, driven by the expansion of its Bitcoin Mining Business and AI business.

The company expects Bitcoin mining revenue to reach $1 billion for the year, while its AIYUN Business annual revenue is already close to $0.25 billion. IREN is already replacing ASICs for Bitcoin mining with GPUs in several mining centers, to support AI cloud business, to invest in the construction of a liquid-cooled AI data center called Horizon, and another facility called Sweetwater is expected to be deployed in mid-2025.

In July, IREN produced 728 Bitcoins, surpassing rival MARA's 703, and equipment activation rate of more than 90%, to become a mining powerhouse. OUTSIDE, THE COMPANY ADVERTISES THAT IT HAS EARNED NVIDIA'S PREFERRED PARTNER STATUS.

The company has accumulated more than 130 percent this year, boosted by results that exceeded expectations, and the company rose more than 13 percent to close to an all-time high.

However, as the SEMIANALYSIS data shows, iREN is now a newcomer to AI data centers, with a huge difference from CoreWeave and NEBIUS. FOR INVESTORS, IREN REPRESENTS A HIGH-RISK, HIGH-RETURN INVESTMENT OPPORTUNITY. Therefore, investors need to be interested in the company.