US Treasury’s payment fraud crackdown recovered $4B in a single year
The US Treasury recovered over $4B in fraudulent payments in FY2024, up from $652.7M the prior year, using AI and pre-payment screening tools. The pos...
Jul 21open_in_new
AI (AI) — News
7,164 articles · updated every 3 minutes
Power companies can now seize private land to build AI data center infrastructure
US utilities are using eminent domain to seize private land for AI data center transmission lines, raising legal questions with implications for The p...
Jul 21open_in_new
Nebius stock surges after Nvidia discloses 9% stake
Nvidia disclosed a 9.3% stake in Nebius Group via Schedule 13G, sending shares up as much as 4.6% after hours and confirming its $2B AI The post Nebiu...
Jul 21open_in_new
IREN reports strong demand for GPU cloud services, contracts exceed $15M per megawatt
IREN reports GPU cloud contracts exceeding $15M per megawatt as hyperscaler demand outstrips capacity, with AI revenue projected to surpass $3.7B The ...
Jul 21open_in_new
Bank of America adds Micron to US 1 List, betting big on AI-driven memory chip demand
Bank of America added Micron to its US 1 List, upgrading the stock to Buy with a $177 price target on edge AI demand. Here's what it means for The pos...
Jul 21open_in_new
China considers tighter export controls on AI models and chips
China considers stricter export controls on AI models and chips, consulting Alibaba, ByteDance, and Huawei on limiting foreign access to training The ...
Jul 21open_in_new
BlackRock CEO Larry Fink highlights China’s lead in AI energy race
BlackRock CEO Larry Fink warns China's 100 GW nuclear and solar buildout gives it an edge in the AI energy race, as US moratoriums slow progress. The ...
Jul 21open_in_new
US and China to hold AI talks in September led by Treasury Secretary Scott Bessent
US and China will hold AI talks in September led by Treasury Secretary Scott Bessent, building on a safety framework established during May The post U...
Jul 21open_in_new
Tesla’s $25 billion AI spending spree puts its Bitcoin treasury in the spotlight
Tesla plans to spend $25 billion on AI and robotics in 2026, risking negative cash flow while holding 11,509 BTC worth $786 million as a The post Tesl...
Jul 21open_in_new
KPMG named OpenAI Elite Partner to market AI-native platform
KPMG lands top-tier Elite Partner status in OpenAI's new $150 million Partner Network, repackaging internal AI platform for enterprise clients The pos...
Jul 21open_in_new
United Nations reports crime gangs stole over $88B in Asia-Pacific through scam operations
UNODC reports Asia-Pacific scam operations caused $88.3B to $114.1B in losses in 2025, with crime gangs using AI and crypto to scale fraud across The ...
Jul 21open_in_new
AI infrastructure consortium pours $5B into Aligned Data Centers as part of record $40B acquisition
A consortium led by AIP, MGX, and BlackRock's GIP acquires Aligned Data Centers for $40B with $5B earmarked for growth, reshaping AI The post AI infra...
Jul 21open_in_new
Anthropic settles $2B lawsuit over pirated books for AI training
Anthropic settles $1.5 billion lawsuit over pirated books. Valuation hitting $1.25 trillion by December at 91.5% YES. The post Anthropic settles $2B l...
Jul 21open_in_new
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Hut 8 Secures $9.8 Billion Texas AI Lease as Bitcoin Miners Pivot to Compute
Hut 8 has signed a second 15-year lease for 352 megawatts of AI capacity at its Beacon Point campus in Texas. The deal doubles the tenant’s commitment...
Jul 21open_in_new
Anthropic settles $2B copyright lawsuit over AI training data
A federal judge approved a $1.5 billion settlement for Anthropic over copyright claims. Valuation hitting $1.25T by December priced at 91.5% YES. The ...
Jul 21open_in_new
IREN Lands $2.8B in AI Contracts as Demand Pushes Target Above $4B
IREN has raised its year-end AI Cloud annualized revenue target to more than $4 billion after signing new multi-year contracts with major AI developer...
Jul 21open_in_new
Bitcoin Miner Hut 8 Shares Jump on $9.8 Billion AI Data Center Deal
Bitcoin Magazine Bitcoin Miner Hut 8 Shares Jump on $9.8 Billion AI Data Center Deal Bitcoin miner Hut 8 has said it signed a second 15-year lease w...
Jul 20open_in_new
Oracle faces multibillion-dollar cost overruns at AI megacampuses
Oracle faces multibillion-dollar cost overruns at AI data centers in Wisconsin and El Paso, with regulatory fights and a BBB credit rating adding The ...
Jul 20open_in_new
PancakeSwap Releases ERC-8183 AI Settlement Agent As DeFi Automation Gets More Serious
# PancakeSwap Releases ERC-8183 AI Settlement Agent As DeFi Automation Gets More Serious
Jul 20open_in_new
Model Context Protocol is quietly becoming the backbone of AI and crypto integration
Anthropic's Model Context Protocol is becoming the universal standard for AI interoperability, with Alchemy and Coinbase integrations now The post Mod...
Jul 20open_in_new
OpenAI reveals long-horizon model bypassed sandbox during tests
OpenAI disclosed that a long-horizon AI model escaped its sandbox during testing, exploited vulnerabilities, and pushed code to a public GitHub The po...
Jul 20open_in_new
Moonshot’s Kimi K3 model aims to help China challenge US AI dominance
Moonshot AI unveils Kimi K3, a 2.8 trillion parameter model challenging US AI leaders with aggressive pricing and open-source plans ahead of a The pos...
Jul 20open_in_new
House Democrats propose bipartisan group for AI policy, and crypto should be paying attention
House Democrats propose a bipartisan AI policy group in Congress. Here's why the crypto market should monitor these legislative developments The post ...
Jul 20open_in_new
Beijing completes massive 1-gigawatt data center running entirely on Chinese-made chips
Z.AI completes a 1-gigawatt data center in Beijing using only Chinese-made chips, as China invests $295 billion in domestic AI infrastructure. The pos...
Jul 20open_in_new
BlackRock leads $12B financing for new Meta data centers in Texas
BlackRock is raising at least $12 billion for Meta-backed AI data centers in El Paso, Texas, holding 80% ownership in a project targeting 1 GW by The ...
Jul 20open_in_new
Iran attacks Bahraini power station, claims US military AI data center
Iran attacks a Bahraini power station, claiming it supports US military AI operations. Military action against a Gulf state on July 22 at 50.5% YES. T...
Jul 20open_in_new
Microsoft tests Kimi K3 for Copilot in bid to cut AI costs by $600 million
Microsoft is adding Kimi K3 to Azure and testing it for Copilot, a move that could reduce its AI inference costs by as much as $600 million. The post ...
Jul 20open_in_new
Microsoft adopts Kimi K3 to cut AI inference costs by $600M
Microsoft evaluates Moonshot AI's Kimi K3 for Copilot, targeting $600M in inference cost savings with implications for crypto AI compute and The post ...
Jul 20open_in_new
Hut 8 and IREN deals boost AI-focused Bitcoin mining stocks as sector pivots hard toward data centers
Hut 8 and IREN secured multi-billion-dollar AI data center contracts, driving Bitcoin mining stock rallies and signaling a sector-wide pivot The post ...
Jul 20open_in_new
Hut 8, IREN deals lift AI-focused Bitcoin mining stocks
Bitcoin miners rallied as investors cheered multi-billion-dollar AI infrastructure contracts, underscoring the sector’s accelerating shift toward data...
Jul 20open_in_new