Jane Street's data center initiative underscores the intensifying demand for compute power, potentially reshaping financial and crypto markets.
The post Jane Street plans to build and finance its own data center as compute demand surges appeared first on Crypto Briefing.
A proposed $2 billion data center has become a political flashpoint in the small city of Shelbyville, Indiana. And the controversy has only grown more intense after the mayor, Scott Furgeson, was caught on camera saying of the "No Data Center" signs going up that, "I've seen a lot of these all over town, but I only see them in shitty houses," before adding, "most of them are rentals."
The woman speaking to him in the clip quickly pushes back, saying that they're "working class," and someone chimes in to add something that a mayor shouldn't have to be told about their constituents: "it doesn't matter whether they're rentals, they're still hu …
Read the full story at The Verge.
Range Intelligent's ambitious loan for a data center in Hong Kong could accelerate the region's tech transformation, impacting global tech dynamics.
The post Range Intelligent seeks $3B loan for Hong Kong’s largest data center appeared first on Crypto Briefing.
AirTrunk's $30B investment in India by 2030 could redefine the digital infrastructure landscape, boosting jobs and intensifying market competition.
The post AirTrunk to deploy $30B in India by 2030 for massive data center expansion appeared first on Crypto Briefing.
Monterey Park's data center ban sets a precedent for local resistance to energy-intensive tech, potentially influencing future urban policies.
The post Monterey Park voters approve first US citywide data center ban appeared first on Crypto Briefing.
Kevin O'Leary agreed to halve the size of his planned 40,000-acre data center in Utah amid mounting pressure from residents and activists, as reported earlier by local affiliate ABC4. The Shark Tank star sent a letter to Utah Senate President J. Stuart Adams on Thursday, saying that he will remove 19,430 acres from the project, located in and around the Locomotive Springs Waterfowl Management Area.
The change comes just days after Adams called on O'Leary to slash the size of his Project Stratos data center by 75 percent, which would reduce it to about 10,000 acres. Adams also asked O'Leary to implement technology that minimizes water consum …
Read the full story at The Verge.
Nvidia's move into consumer AI chips could disrupt the PC market, challenging established players and accelerating on-device AI adoption.
The post Nvidia takes AI battle from data center to laptop with new RTX Spark superchip appeared first on Crypto Briefing.
