Federal Reserve Bank of New York president warns AI demand could drive inflation

AMD's AI-driven growth reshapes the semiconductor market, challenging competitors and shifting focus from crypto mining to data center AI. The post AMD’s $300B ambition pressures rivals in chip sector as AI pivot reshapes crypto GPU landscape appeared first on Crypto Briefing.

The rising emissions from AI infrastructure expansion challenge tech giants' sustainability efforts, impacting energy markets and regulatory scrutiny. The post Microsoft’s AI growth strains climate goals as emissions rise 23% from baseline appeared first on Crypto Briefing.

MiniMax's aggressive fundraising highlights the escalating capital demands in AI, potentially reshaping investment strategies and market dynamics. The post MiniMax seeks to raise $2B through share and bond sales as AI funding race heats up appeared first on Crypto Briefing.

The Bitcoin miner's shares climbed about 15% after announcing it's acquiring a Texas site with up to 2 GW of power capacity to expand its AI and digital infrastructure strategy.

The post MARA bets big on Texas AI hub as shares outperform crypto peers appeared on BitcoinEthereumNews.com. MARA Holdings has expanded its AI and digital infrastructure footprint by acquiring a 1,200-acre powered land site in Texas, helping lift its shares more than 12% as the Bitcoin miner continues to outperform many publicly traded crypto companies. Summary MARA has acquired a 1,200-acre powered site in Texas with up to 2 GW of planned grid capacity. The company plans to build an AI and high-performance computing campus alongside Bitcoin mining operations. MARA shares jumped more than 12% after the announcement, extending gains to over 45% this year. According to a company press release, MARA has signed a definitive agreement to acquire the Texas property from HIF. The site is expected to provide access to an initial 1 gigawatt of grid capacity by October 2027, with total available capacity projected to reach 2 gigawatts by April 2028. The company said the location is designed to

The post MARA Buys Texas Site From HIF in $600M Bitcoin, AI Deal appeared on BitcoinEthereumNews.com. The 1,200-acre Matagorda County site was previously slated for a $7 billion HIF Global e-fuels plant backed by Texas Gov. Greg Abbott before HIF pivoted to power computing instead. MARA Holdings said Thursday it signed a definitive agreement with HIF to acquire a powered land site of more than 1,200 acres in Matagorda County, Texas, in a post on its official X account. The site will carry up to 1 gigawatt of grid capacity by October 2027 and up to 2 gigawatts by April 2028, subject to approval from Texas grid operator ERCOT. The deal is not an upfront cash purchase. It is structured as up to $600 million in milestone-based payments tied to regulatory approvals, land access and eventually a signed data-center tenant, according to an SEC filing MARA disclosed, as reported by The Block. MARA shares rose roughly 14% in early trading Thursday on the news, The Block reported. HIF Global had

MARA Holdings has expanded its AI and digital infrastructure footprint by acquiring a 1,200-acre powered land site in Texas, helping lift its shares more than 12% as the Bitcoin miner continues to outperform many publicly traded crypto companies. According to…

The post Leadership In The Age Of AI: Human Judgment Is More Valuable, Not Less appeared on BitcoinEthereumNews.com. In the age of AI human judgement is invaluable. Brieane Olson The pace of change in business has never been faster—and nowhere is that more true than in the conversation around AI. New tools launch every day, the pressure to keep up is real, and leaders are trying to figure out where the technology ends and their own judgment begins. But what a lot of people are missing is that with all the AI noise, what’s becoming increasingly valuable isn’t the tech. It’s the human judgment behind it—and developing, hiring for, and protecting that judgment is what leadership in the age of AI actually demands. Recognizing AI’s Limits When our organization attended the D3 Institute at Harvard, the message from global leaders was unambiguous: companies that don’t embrace AI will become obsolete—the future Blockbusters and Kodaks of business history. With that in mind, we built an 18-mont