The AI gold rush is turning steel mills into grid builders and bitcoin miners into data center landlords—and Wall Street’s fringe players are scrambling to adapt. Unity Software（U.US）showed 38% strategic revenue growth after securing a Netflix partnership, with Unity 7 beta slated for Q4. Reddit（RDDT.US）won its AI data lawsuit against Anthropic, cementing its role as a training data gatekeeper. Bilibili（BILI.US）raised $500M via convertible notes to boost gaming, backed by Tencent’s renewed commitment. Interactive Brokers（IBKR.US）hit 5.58M client accounts ahead of earnings, though trading volume softness raises eyebrows. Cleveland-Cliffs（CLF.US）secured $75M DOE funding for grid-ready steel expansion, betting on infrastructure boom. TTM Technologies（TTMI.US）acquired Epiq Solutions for $1.1B to capture AI radio frequency demand. Cipher Mining（CIFR.US）extended its data center lease to 20 years, tripling contract value to $9B as it pivots from crypto. MaxLinear（MXL.US）launched Puma 9 chips for AI-ready networks, fueling a 507% YTD surge. Meanwhile, IALT.US and UVIX.US swing wildly on Fed policy shifts, underscoring how AI mania and rate anxiety now dictate the fate of niche plays.