Cipher is increasingly leaning on debt-backed, flexible financing rather than equity issuance as it scales out its AI infrastructure. The steady stream of long-term leases suggests hyperscalers are ...

Cipher Digital (CIFR) shares jumped 9% in pre-market trading after the company, formerly a bitcoin miner, announced a new long-term data-center lease and said it secured a $200 million revolving ...

Block on Thursday announced that it will cut nearly half of its workforce as the payments firm works to embed artificial intelligence (AI) throughout its operations. The layoffs will affect over 4,000 ...

The CEO of Block, Inc., announced layoffs of about half its workforce on Feb. 26, citing AI as the reason for the large cuts and warning the tech industry of a larger push towards AI. Jack Dorsey, CEO ...

Feb 27 (Reuters) - Block (XYZ.N), opens new tab shares soared more than 16% on Friday after the fintech firm announced it would nearly halve its workforce as part of an overhaul to embed artificial ...

Jack Dorsey announced major layoffs at Block, cutting nearly half of its workforce. Dorsey said AI was behind the cuts, and the company's stock rose over 20% in after-hours trading. Tech and VC ...

Block, the parent company of Square and the Cash App, is conducting a major reorganization in the age of artificial intelligence, and investors are rewarding the move. The payment-technology company ...

Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey. Dorsey thinks ...

About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its top executive said. By Natallie Rocha Reporting from San Francisco Block, ...

Cipher Mining Inc. (NASDAQ:CIFR) named Drew Armstrong as Head of Strategic Initiatives and Lee Bratcher as Head of Policy and Government Affairs on January 6, 2026. Bratcher provides industry ...