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27 stories
JPMorgan Observes Shift From Gold to Bitcoin Amid Iran Conflict
According to JPMorgan analysts, there is a growing preference for bitcoin over gold as a debasement trade since the onset of the Iran conflict. This trend highlights shifting investor sentiments in response to geopolitical events, as reported by The Block.
2 months ago·The Block·Reported by Yogita Khatri
MARA Holdings Acquires Long Ridge Energy for $1.5 Billion
MARA Holdings is set to purchase Long Ridge Energy for approximately $1.5 billion, a deal that enhances its capabilities for AI data center expansion, according to CoinDesk. The agreement includes a 505 MW gas plant and 1,600 acres of land in Ohio, projecting to increase MARA's power capacity by 65% and generate $144 million in annual adjusted EBITDA.
2 months ago·CoinDesk·Reported by Francisco Rodrigues
MoonPay Acquires Sodot to Launch Institutional Crypto Services
MoonPay acquires Israeli crypto security firm Sodot for approximately $100 million to establish its MoonPay Institutional business unit aimed at banks and asset managers, as reported by CoinDesk. The integration will leverage Sodot's technology for key management and multi-party computation infrastructure.
2 months ago·CoinDesk·Reported by Francisco Rodrigues
Veteran of Google DeepMind Secures $1.1 Billion to Develop Unique AI Model
Jeanette Wing, a former executive at Google DeepMind, raises $1.1 billion to develop Ineffable Intelligence, a project aiming to advance AI without relying on human data, as reported by Decrypt.
2 months ago·Decrypt·Reported by Jason Nelson
Google Signs Pentagon AI Deal Amid Employee Backlash
Google has signed a deal with the Pentagon to provide artificial intelligence capabilities for classified military operations, according to Decrypt. This agreement has sparked significant internal dissent among the company's employees, who express concerns about ethical implications and the use of technology in military applications.
2 months ago·Decrypt·Reported by Jason Nelson
Meta Secures 1 Gigawatt of Space-Based Solar Power for AI Data Centers
Meta has obtained up to 1 gigawatt of solar energy from orbital sources to address the increasing electricity demands driven by its AI operations, according to Decrypt.
2 months ago·Decrypt·Reported by Jason Nelson
Galaxy Digital Delivers Data Center Tranche to CoreWeave Amid Q1 Loss
Galaxy Digital reports a narrowed first-quarter net loss of $216 million and delivers its first data center hall to CoreWeave, according to CoinDesk. The company is also set to double its Helios data center's power capacity to over 1.6 gigawatts, signaling a strategic push into AI infrastructure.
2 months ago·CoinDesk·Reported by Francisco Rodrigues
Strive Inc. Acquires $60 Million in Bitcoin, Plans Corporate Summit
Strive Inc. purchases 789 Bitcoin valued at approximately $60 million while outlining plans for a Bitcoin Business Summit. This initiative aims to foster education on cryptocurrency adoption among business leaders, as reported by Decrypt.
2 months ago·Decrypt·Reported by Decrypt Agent
Google Maps Introduces AI Tool for Filmmaker Location Scouting
Decrypt reports that Google has launched a new AI feature in Maps aimed at filmmakers, enabling them to visualize scenes in actual locations using Street View data. This tool can enhance the pre-production process by allowing virtual location scouting, potentially reducing the need for in-person visits.
2 months ago·Decrypt·Reported by Jason Nelson
