Trending News
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Two unidentified companies have proposed building artificial intelligence (AI) data centers in North Dakota, with each project potentially costing up to $125 billion. This massive investment could transform the state’s tech infrastructure, marking it as a critical hub for AI-driven operations. During an August meeting with the North Dakota Public Service Commission, Commissioner of Commerce…
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Applied Digital, a leader in bitcoin mining hosting and high-performance computing, has secured $160 million in strategic financing. This funding comes from a group of investors, including the prominent chipmaker NVIDIA. The capital injection is poised to support Applied Digital’s ongoing projects, such as the development of one of the largest data center campuses in…
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Netflix has secured an exclusive deal with the NFL to stream two marquee Christmas Day games in 2024, a significant step for the platform’s live sports portfolio. The Kansas City Chiefs will face the Pittsburgh Steelers, while the Baltimore Ravens take on the Houston Texans. This marks the first time Netflix will host live NFL…
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Researchers from Harvard University and Google have created the most detailed map of human brain tissue ever produced. The team, led by Professor Jeff Lichtman, meticulously mapped a 1mm³ fragment of brain tissue taken from a patient undergoing epilepsy surgery. This seemingly small piece of brain contains approximately 57,000 cells and a staggering 150 million…
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The U.S. Department of Energy has appointed Argonne National Laboratory to spearhead the Energy Storage Research Alliance (ESRA), a significant initiative aimed at advancing battery technology and energy storage innovation. This national energy storage hub will unite nearly 50 leading researchers from three national laboratories and 12 universities, including top institutions like Columbia University and…
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Braiins has introduced the BMM 100 Mini Miner, an innovative device allowing Bitcoin enthusiasts to not only mine but also engage in gaming activities. This miner, with a hash rate of 1 terahash per second and a power consumption of just 40 watts, is ideal for home-based miners who want to decentralize the Bitcoin network.…
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Bitcoin, the world’s leading cryptocurrency, has now logged more trading hours than the U.S. stock market. This milestone highlights the continuous 24/7 nature of cryptocurrency markets compared to traditional stock exchanges, which operate on fixed trading hours. Since its inception in 2010, Bitcoin has clocked an estimated 123,774 hours of trading, surpassing the stock market’s…
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A recent viral trend on social media known as the “Chase Bank glitch” has caused legal and financial repercussions for those involved. Promoted as an easy way to get “free money” by depositing fake checks and quickly withdrawing funds from Chase ATMs, the glitch was soon debunked by financial experts and Chase Bank itself as…
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The United Arab Emirates has successfully completed the Barakah Nuclear Energy Plant, the first of its kind in the Arab world. This significant milestone supports the UAE’s long-term energy goals, including providing 25% of the country’s electricity needs. The Barakah plant is expected to generate 40 terawatt-hours of clean electricity annually, marking a major step…
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Japan is preparing to significantly reduce the tax burden on cryptocurrency earnings, proposing to lower the maximum tax rate from 55% to 20%. This move would align cryptocurrency profits with other financial assets such as stocks, creating a more favorable environment for crypto investors. The reduction aims to address concerns about the heavy tax load…
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Morgan Stanley, a leading global financial institution managing $1.4 trillion in assets, disclosed that 6% of its institutional fund portfolio is now allocated to Bitcoin instruments. This marks a significant step in institutional adoption of the cryptocurrency, reflecting increasing confidence in Bitcoin as a long-term strategic asset. The investment, valued at over $84 billion, positions…
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Mark Karpelès, the former CEO of the defunct Mt. Gox cryptocurrency exchange, is preparing to launch a new platform called EllipX by the end of September 2024. Based in Poland, this new exchange aims to serve European users initially, with plans for global expansion. EllipX will focus on transparency and user-friendliness, addressing the growing demand…
