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IBM’s planned acquisition of HRL Laboratories could strengthen its quantum computing roadmap by adding silicon-spin qubit technology and expanding its advanced semiconductor research capabilities. Representative image.

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Canaan Inc. acquires 49% interest in 120 MW Texas mining portfolio

Canaan Inc. (NASDAQ: CAN) acquires West Texas mining assets to secure low-cost ERCOT power. Discover what this means for margins and AI strategy.

bySoujanya Ravi

February 24, 2026

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