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Big Tech’s data center boom poses new risk to US grid operators

Big Tech’s data center boom poses new risk to US grid operators

Data Center Alley, a 30-square-mile stretch outside Washington D.C. and home to more than 200 data centers, consumes roughly the same electricity as Boston. So power company officials were alarmed when a big chunk of those centers - 60 of them - suddenly dropped off the grid one day last summer and …

Can AI bots steal your crypto? The rise of digital thieves

Can AI bots steal your crypto? The rise of digital thieves

What are AI bots? AI bots are self-learning software that automates and continuously refines crypto cyberattacks, making them more dangerous than traditional hacking methods.At the heart of today’s AI-driven cybercrime are AI bots — self-learning software programs designed to process vast amounts …

Riot appoints adviser with experience pivoting BTC mining assets to AI

Riot appoints adviser with experience pivoting BTC mining assets to AI

Bitcoin miner Riot Platforms has appointed three new directors to its board, one of which has experience in the conversion of Bitcoin mining assets toward artificial intelligence and high-performance computing (HPC).The newly appointed Riot board members are Jaime Leverton, Doug Mouton and Michael T…

Bitcoin Miner Riot Adds New Board Member to Push AI Pivot

Bitcoin Miner Riot Adds New Board Member to Push AI Pivot

Bitcoin miner Riot Platforms appointed three new directors to its board as it explores potential opportunities in artificial intelligence and high-performance computing (HPC).The additions include Michael Turner, former president of Oxford Properties and global head of real estate at OMERS, one of…

Meta and Microsoft Expert to Help Bitcoin Miner Riot Enter AI World, $38B at Stake

Meta and Microsoft Expert to Help Bitcoin Miner Riot Enter AI World, $38B at Stake

Riot Platforms, a publicly listed Bitcoin miner from Wall Street (NASDAQ: RIOT), is strengthening its leadership team and accelerating its push into artificial intelligence computing. It has appointed three new board members with extensive data center and AI infrastructure experience. More important…

Bitcoin Reserve Would Be

Bitcoin Reserve Would Be "Wise Decision," Former Meta Executive Says

During a recent interview with CNBC, former Meta executive David Marcus argued in favor of exchanging a portion of the U.S. government's gold holdings for Bitcoin. He believes that it would be a "wise decision." "First of all, if you look at the strategic reserves that the US holds in gold, we are t…

 Bitcoin slumps as tech giant Palantir (PLTR) rallies to new highs — What gives?

Bitcoin slumps as tech giant Palantir (PLTR) rallies to new highs — What gives?

Palantir Technologies (PLTR), a publicly traded North American company specializing in data analytics, made headlines after its stock surged to an all-time high of $109.60 on Feb. 6. The impressive 356% gain in 12 months outpaced the 121% rise in Bitcoin's price over the same period.Investors are n…

Crypto AI agents see ‘remarkable traction’ but value still unclear: Sygnum

Crypto AI agents see ‘remarkable traction’ but value still unclear: Sygnum

Crypto-related artificial intelligence agents may be one of this year’s emerging trends but still remain highly speculative according to Switzerland-based crypto bank Sygnum Bank. “Interest in AI-related crypto projects has grown substantially with the emerging niche of crypto AI agents,” wrote rese…

Crypto mining stocks loss extend, tech stocks steady after DeepSeek scare

Crypto mining stocks loss extend, tech stocks steady after DeepSeek scare

Crypto mining stocks have closed down for the second consecutive day as major tech stocks regained their footing after the US market was rocked by an artificial intelligence model from China’s DeepSeek, triggering concerns about the overvaluation of the country’s AI scene.Crypto mining firm Riot Pla…

Apple closes up amid US tech stock washout from China AI startup DeepSeek

Apple closes up amid US tech stock washout from China AI startup DeepSeek

Apple, Meta and Amazon were the only three “magnificent seven” tech stocks that withstood a wide market rout amid panic over Chinese artificial intelligence firm DeepSeek’s latest model, which supposedly rivals OpenAI’s ChatGPT.Apple (APPL) closed up 3.18% on Jan. 27, while Meta Platforms (META) gai…

Real estate firm Fathom can now add Bitcoin to its balance sheet

Real estate firm Fathom can now add Bitcoin to its balance sheet

Nasdaq-listed real estate services company Fathom Holdings plans to add Bitcoin to its corporate treasury, a move designed to diversify its US dollar-dominated balance sheet. According to a Jan. 23 announcement, Fathom said it can now allocate up to 50% of excess cash reserves toward Bitcoin purcha…

Crypto.com Targets Corporations: Launches Institutional Exchange in the US

Crypto.com Targets Corporations: Launches Institutional Exchange in the US

Crypto.com, a major global cryptocurrency exchange, has expanded its presence in the United States with the launch of institutional services.Institutional Crypto Exchange in the USAnnounced yesterday (Tuesday), the exchange will operate under the brand Crypto.com Exchange, offering institutional ser…