Hut 8 has priced $4.25 billion of senior secured notes to finance a large artificial intelligence (AI) data center project in Texas. The deal marks another major step in the company’s shift from bitcoin mining toward power-backed digital infrastructure. Hut 8 Raises $4.25B to Expand AI Infrastructure Beyond Bitcoin Mining Hut 8 has priced a […]
Backlash against AI is taking an extremist turn, following in the footsteps of earlier techno-pessimist militants
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When a 20-year-old man from Texas was arrested earlier this year for allegedly trying to burn down OpenAI’s headquarters and Sam Altman’s house, authorities found an anti-AI manifesto alongside his lighter and a jug of kerosene. It was one of a spate of attacks that has caused alarm among researchers, the tech industry and law enforcement about the rise of anti-tech extremism.
In April, an Italian “nature pilled” Instagram influencer was arrested in Rome and charged with plotting a series of anti-tech attacks that took inspiration from Ted “The Unabomber” Kaczynski. Two self-described “ecofascists” that carried out a deadly anti-Muslim attack on a mosque in San Diego last month also cited “AI slop” and JD Vance’s ties to Palantir as motivations for their violence in their manifesto. An Indianapolis city councilor woke up
Hut 8's strategic pivot to AI data centers signals a significant shift in tech infrastructure investment, potentially reshaping industry dynamics.
The post Hut 8 prices $4.25B in notes to fund massive Texas AI data center campus appeared first on Crypto Briefing.
A former banker has admitted to draining a huge sum of money from a deceased person’s bank account and the account of a woman suffering from dementia. Texas resident and former Regions Bank employee James Dale Turner has pleaded guilty to two counts of exploitation of the elderly after stealing thousands of dollars from customer […]
The post $17,000 Abruptly Disappears From Deceased Woman’s Bank Account – And the Trail Leads to an Insider: Report appeared first on The Daily Hodl.
The project could significantly boost Lesotho's energy independence and position the US as a key player in Africa's energy infrastructure market.
The post Convalt Energy commits $6.2B to build hydropower plant and AI data center in Lesotho appeared first on Crypto Briefing.
Google's $40B Texas investment highlights the growing energy demands of AI and cloud tech, impacting local economies and energy markets.
The post Google announces $40 billion Texas data center and energy push with new Meitner Energy Center appeared first on Crypto Briefing.
The Meitner Energy Center's innovative model may set a precedent for sustainable data centers, influencing industry practices and resource management.
The post Google and Intersect Power break ground on massive Meitner Energy Center in Texas appeared first on Crypto Briefing.
Hut 8's strategic pivot towards AI infrastructure, led by seasoned finance executive Mark Eidelman, could significantly lower capital costs and enhance competitive positioning, impacting long-term investor returns.
The post Hut 8 hires NextEra veteran Mark Eidelman to lead investor relations amid AI infrastructure pivot appeared first on Crypto Briefing.
Texas regulators targeted an alleged crypto investment and MLM scheme that promised millionaire status, passive income, and high monthly returns through recruitment and trading codes. The order also cites withdrawal fees, investor lockups, and claims of low-risk, AI-assisted trading. Texas Order Flags Crypto Returns, Recruitment, and Investor Lockups The Texas State Securities Board stated on […]
