This tiny Maine town used AI to make a new logo. Its residents had other ideas

At its peak, the Androscoggin paper mill in Jay, Maine, a rural town about 67 miles northwest of Portland, employed about 1,500 people - until a pulp digester exploded in 2020, forcing the mill to close permanently. In 2023, the 1.4 million-square-foot facility was purchased through a joint venture by JGT2 Redevelopment and a number of other holding and capital companies. The project is led by developer Tony McDonald. Over the next three years, McDonald and his team broke down the mill's machinery and shipped it to Pakistan, and worked to clean up the industrial site for resale. That resale agreement was finalized earlier this year, accord … Read the full story at The Verge.

The plan aims to speed up AI compute deployment while compensating residents.

Grant County Public Utility District has filed lawsuits to take portions of land from nine owners to build electric transmission lines — part of a project to move more power to the state’s de facto data center hub.

Target Hospitality's strategic shift to AI infrastructure support highlights the growing demand for adaptable workforce solutions in tech sectors. The post Target Hospitality secures $750M contract amid data center boom appeared first on Crypto Briefing.

Dubai's crypto tax payment option could attract global investors, enhancing its status as a leading crypto-friendly hub and boosting economic growth. The post Dubai government allows residents to pay taxes with Bitcoin via Crypto.com appeared first on Crypto Briefing.

MARA shares fell after a Q1 revenue miss and $1.3B loss as Bitcoin mining pressure offset its AI data center expansion plans in 2026.

Can AI save us from the AI industry’s endless thirst for water? Outlook not so good.

The post Penguin Solutions (PENG) Stock Rockets 13% on AMD Deal and Upgraded Revenue Forecast appeared on BitcoinEthereumNews.com. Key Highlights Penguin Solutions (PENG) experienced a ~13.47% spike following the unveiling of a collaborative venture with AMD and Shell targeting AI data center optimization. Management elevated fiscal 2026 revenue growth projections from 6% to 12%, propelled by robust memory division performance. Second quarter FY2026 revenues reached $343M, marginally exceeding analyst expectations of $340.2M. Technical indicators including a “golden cross” pattern combined with elevated trading volumes amplified the upward momentum. Senior Vice President Clark Joseph Gates divested $173,750 in shares on May 5 through a predetermined 10b5-1 trading arrangement. Shares of Penguin Solutions (PENG) climbed 13.47% on May 10, closing at $44.23, following the disclosure of a tripartite collaboration with AMD and Shell designed to enhance AI-powered data center capabilities. A