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Bitcoin network hits record level of power, but falling profits push miners to AI
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Tag: | Crypto |
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Financial Times - Business
Mercedes-Benz shares fall after profit warning
German carmaker lowers full-year outlook on weakness in Chinese demandYesterday -
Financial Times - World
Canada opens new critical minerals hub in push to end China’s dominance
Saskatchewan facility marks small step in drive to challenge Beijing’s control of processing rare earthsYesterday - China -
The Hill - Politics
Trump's shutdown push falls flat with Republicans
House Republicans are overwhelmingly dismissing former President Trump’s calls for a government shutdown in the absence of a proof-of-citizenship voting bill being signed into law, a public break ...16 hours ago - Donald Trump -
The Wall Street Journal - World
Russian Strikes on Power Grid Push Ukraine's Businesses to Breaking Point
Economists are cutting growth forecasts for Ukraine as companies struggle to hang on.22 hours ago - Ukraine -
Financial Times - Business
Microsoft in deal for Three Mile Island nuclear power to meet AI demand
Energy source enjoying renaissance as world looks to slash emissions and feed rapidly growing needYesterday - Microsoft -
The Guardian - World
Three Mile Island nuclear reactor to restart to power Microsoft AI operations
Pennsylvania plant was site of most serious nuclear meltdown and radiation leak in US history in 1979. A nuclear reactor at the notorious Three Mile Island site in Pennsylvania is to be activated ...Yesterday - Microsoft -
The New York Times - Business
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
The S&P 500 rose 1.7 percent on Thursday, rallying a day after the Federal Reserve cut interest rates by half a percentage point.2 days ago -
CNBC - Business
Constellation Energy to restart Three Mile Island nuclear plant, sell the power to Microsoft for AI
Constellation described the agreement with Microsoft as the largest power purchase agreement that the nuclear plant operator has ever signed.Yesterday - Microsoft -
GameSpot - Tech
Microsoft's Next Big Acquisition Is Enough Nuclear Power To Fuel Its AI Ambitions For Decades
The Three Mile Island nuclear power plant--the site where an infamous partial nuclear meltdown occurred in 1979--might have a new owner soon. Microsoft has signed a power purchase agreement with ...Yesterday -
The Wall Street Journal - Business
Three Mile Island's Nuclear Plant to Reopen, Help Power Microsoft's AI Centers
The 20-year deal with Constellation Energy would kick-start the site of the nation’s worst nuclear accident.Yesterday
More from CNBC
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CNBC - Business
Intel's wild week leaves Wall Street more uncertain than ever about chipmaker's future
Intel still makes the majority of processors at the heart of PCs, laptops, and servers, but that's not enough to appease investors.12 hours ago -
CNBC - Business
Boeing machinists on picket lines prepare for lengthy strike: 'I can last as long as it takes'
More than 30,000 Boeing machinists walked off the job Sept. 13. At a local union office outside Seattle, they prepared for what may be a lengthy strike.14 hours ago -
CNBC - Business
Harris raised 4 times more than Trump in donations for final election sprint
Vice President Kamala Harris also raised $47 million in the 24 hours after the debate against Donald Trump.7 hours ago - Donald Trump -
CNBC - Business
Harris agrees to CNN debate on Oct. 23, Trump says 'it's too late'
Kamala Harris raised millions after going up against Donald Trump in a presidential debate earlier this month. Now Harris is ready for a second round.4 hours ago - Donald Trump -
CNBC - Business
How Elon Musk hopes his new supercomputers will boost his businesses
Musk wants to use this supercomputing power to improve Teslas’ autonomous driving capabilities and train xAI’s chatbot Grok.13 hours ago - Elon Musk