Energy
Bitcoin hits highest level since July, boosting other coins and crypto-related stocks
Avishek Das | Lightrocket | Getty Images The price of bitcoin neared $68,400 on Wednesday, reaching its highest level since July and sparking a rally across the crypto sector. Bitcoin is up more than 9% over the last week and ether is up about 7%. Other popular coins have also rallied, with solana up close […]
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Trump-backed crypto coin misses $300 million sales target, raises less than $12 million
It’s been just over twenty-four hours since the launch of the Donald Trump-endorsed digital coin “WLFI,” and the token is failing to deliver on the ambitious fundraising goals set by its founding team. World Liberty Financial — which bills itself as a crypto bank where customers will be encouraged to borrow, lend and invest in […]
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Amazon goes nuclear, to invest more than $500 million to develop small modular reactors
Amazon Web Services is investing more than $500 million in nuclear power, announcing three projects from Virginia to Washington state. AWS, Amazon‘s subsidiary in cloud computing, has a massive and increasing need for clean energy as it expands its services into generative AI. It’s also a part of Amazon’s path to net-zero carbon emissions. AWS […]
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Why Big Tech is turning to nuclear to power its energy-intensive AI ambitions
The OpenAI app icon displayed along with other AI applications on a smartphone. Jonathan Raa | Nurphoto via Getty Images Technology giants are turning to nuclear energy to power the energy-intensive data centers needed to train and run the massive artificial intelligence models behind today’s generative AI applications. Microsoft and Google are among the firms […]
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Why Big Tech is turning to nuclear to power its energy-intensive AI ambitions
The OpenAI app icon displayed along with other AI applications on a smartphone. Jonathan Raa | Nurphoto via Getty Images Technology giants are turning to nuclear energy to power the energy-intensive data centers needed to train and run the massive artificial intelligence models behind today’s generative AI applications. Microsoft and Google are among the firms […]
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Trump PAC has raised about $7.5 million in crypto donations since early June
(L to R) Eric Trump, former US President and Republican presidential candidate Donald Trump and Donald Trump, Jr. attend a remembrance ceremony on the 23rd anniversary of the September 11 terror attack on the World Trade Center at Ground Zero, in New York City on September 11, 2024. Adam Gray | Afp | Getty Images […]
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Trump’s coin sale misses early targets as crypto project’s website crashes
U.S. President Donald Trump looks at a debit card to be used to distribute Covid-19 relief funds to the public during a cabinet meeting in the East Room of the White House in Washington, D.C., U.S., on Tuesday, May 19, 2020. Kevin Dietsch | Bloomberg | Getty Images Donald Trump’s new crypto project is off […]
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Harris PAC’s $1 million contribution from Ripple’s Chris Larsen shows crypto industry warming to VP
Chris Larsen, co-founder of Ripple. Source: YouTube SAN FRANCISCO — For months, crypto companies and their executives have been pouring tens of millions of dollars into Donald Trump’s effort to win the White House. Chris Larsen isn’t one of them. The co-founder and chairman of Ripple recently contributed $1 million worth of XRP tokens, the […]
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Trump’s crypto coin goes on sale with Election Day just three weeks out
Collect Trump Cards Source: Collecttrumpcards.com With shares of his nascent social media business in the midst of a sharp rebound and with just three weeks until the presidential election, Donald Trump is bringing his latest proposed money-making endeavor to market, this time in crypto. On Tuesday, the former president and current Republican nominee aims to […]
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Google inks deal with nuclear company as data center power demand surges
People take photos in front of a giant Google logo at Google’s Bay View campus in Mountain View, California on Aug 13, 2024 where the “Made by Google” media event was held today. Josh Edelson | AFP | Getty Images Google said Monday that it will purchase power from small modular reactor developer Kairos Power, […]
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