rhodium

Американское исследовательское учреждение Rhodium Group оценивает, что совокупный годовой регулярный доход (ARR) китайских AI моделей составляет всего около 10% от доходов OpenAI и Anthropic. ARR DeepSeek составляет 500 миллионов долларов, MiniMax — 800 миллионов долларов, Moonshot — 1 миллиард долларов, а последний ARR Z.ai составляет 1,8 миллиарда долларов. Даже с учетом 4 миллиардов долларов от ByteDance и 2,4 миллиарда долларов от Alibaba, это все равно значительно ниже 40 миллиардов долларов от OpenAI и 65 миллиардов долларов от Anthropic.В отчете Rhodium говорится, что текущая оценка Moonshot и DeepSeek относительно доходов кажется завышенной, с коэффициентами оценки 50 и 163 соответственно, что выше 34 для OpenAI и 21 для Anthropic. Z.ai повысила прогноз ARR на весь год до 3 миллиардов долларов. Партнер Rhodium Логан Райт заявил, что нехватка финансирования означает, что китайским передовым AI лабораториям будет сложнее устойчиво расширяться, и они будут сильно зависеть от благоприятного климата на фондовом рынке. Более 60% инвестиций в акции китайских AI чипов и серверов поступает из государственных связанных источников.

ChainCatcher news, according to The Miner Mag, Riot Platforms plans to acquire the Bitcoin mining facility assets of Rhodium Encore located in Rockdale, Texas, for $185 million to resolve the litigation dispute between the two companies.According to a statement released by Riot on Friday, its subsidiary Whinstone US has signed a non-binding term sheet to acquire Rhodium's tangible assets in Rockdale, including ASIC miners and 125 megawatts of power capacity.The transaction proposal includes Riot paying $129.9 million in cash, returning a $6.1 million power security deposit, and issuing $49 million worth of Riot stock. If the transaction is completed, Rhodium will vacate the Rockdale site within three business days after the deal closes and transfer all on-site equipment to Riot.

ChainCatcher news, Nasdaq-listed Bitcoin mining company Riot Platforms, Inc. announced that it has signed a non-binding term sheet for its wholly-owned subsidiary Whinstone to potentially acquire certain assets of Bitcoin mining company Rhodium Encore LLC at the Rockdale facility.According to the terms, Whinstone will provide a total consideration of $185 million to Rhodium, including $129.9 million in cash, a refund of Rhodium's power deposit of $6.1 million, and $49 million worth of Riot shares. In return, Rhodium will transfer ownership of all tangible assets located at the Rockdale facility, including all ASIC miners. Whinstone and Rhodium will also each withdraw all existing lawsuits, including appeals, and waive all future claims unrelated to the completion of the transaction.

ChainCatcher news, Bitcoin mining company Rhodium Enterprises co-CEO Nathan Nichols has resigned, and the company has completed the sale of its Temple, Texas facility for $40.6 million in cash.Rhodium announced in an email to investors last week that Nichols has decided to resign, effective after the New Year. Just weeks ago, Rhodium's creditors filed a lawsuit against him and other co-founders, accusing them of fraud.Rhodium also informed investors that the company had previously secured $15 million of a $30 million debtor-in-possession financing from Galaxy Digital. After completing the sale of the Temple facility on December 18, the company used $16 million of that to fully repay its debt to Galaxy, including fees and interest.

ChainCatcher news, according to BusinessWire, a group of investors has recently filed a class action lawsuit against the founder of the Texas-based Bitcoin mining company Rhodium Enterprises, accusing him of fraud.The lawsuit was filed by attorneys from Iacuone McAllister Potter, claiming that the defendants (including Rhodium executives and Imperium Investments Holdings, LLC based in Fort Worth) deliberately misled the plaintiffs by concealing key information and engaging in proprietary trading, resulting in a total investment of $33 million. The case has been filed in the Tarrant County District Court. The lawsuit states, "The defendants intentionally misled and deceived the plaintiffs to secure their millions of dollars in investments so that the defendants could enrich themselves and make Imperium wealthy."The plaintiffs include a dozen investors in Rhodium, who claim that important facts regarding their investments and Rhodium's business operations were deliberately concealed. Most notably, the lawsuit alleges that the defendants failed to disclose a pending transaction to sell Rhodium's operational facilities to direct competitor Riot Blockchain, a deal that directly triggered conflicts with key power contracts.

ChainCatcher news, according to Cointelegraph, Bitcoin mining company Rhodium Enterprises has voluntarily filed for Chapter 11 bankruptcy in the Southern District of Texas, with liabilities of up to $100 million. The filing was submitted on August 24 and includes six subsidiaries—Rhodium Encore, Jordan HPC, Rhodium JV, Rhodium 2.0, Rhodium 10MW, and Rhodium 30MW. According to the document, the company's debts range from $50 million to $100 million, while its total assets are estimated to be between $100 million and $500 million.Earlier reports indicated that Rhodium's affiliated companies had encountered financial difficulties, and Rhodium's bankruptcy is one of them. It was reported that Rhodium Enterprises, which owns Rhodium Encore and Rhodium 2.0, failed to repay a $54 million loan to creditors in July. In 2021, Rhodium raised a $78 million loan for its subsidiaries.It was reported that the company proposed two debt restructuring plans before the deadline, but disagreements among shareholders led to a default. Under Chapter 11 voluntary bankruptcy, the company will be able to restructure its debts while continuing operations, allowing it to negotiate a repayment plan based on revised terms.

Chain Catcher News, Bitcoin mining company Rhodium plans to go public on NASDAQ through a reverse merger with software service provider Silverun Technologies. According to the terms of a merger agreement unanimously approved by the boards of SilverSun and Rhodium, each holder of SilverSun common stock will receive a cash dividend of at least $1.50 per share, totaling approximately $8.5 million, upon the completion of the business combination. The proposed business combination is expected to be completed by the end of 2022, subject to regulatory approval, approval from the respective shareholders of SilverSun and Rhodium, and other customary closing conditions.Rhodium designs and develops large liquid cooling systems and proprietary software to optimize the performance and efficiency of its miners, infrastructure, and operations. (Source link)