A new app offering to record your phone calls and pay you for the audio so it can sell the data to AI companies is, unbelievably, the No. 2 app in Apple’s U.S. App Store’s Social Networking section. The app, Neon Mobile, pitches itself as a moneymaking tool offering “hundreds or even thousands of dollars…
Key takeaways: Bitcoin briefly surged to $113,000 before reversing after weaker-than-expected US payrolls data. Onchain flows show $2 billion in stablecoin inflows and record open interest near all-time highs. A weekly close above $112,500 is needed to confirm a lasting market bottom. Bitcoin (BTC) has rallied as much as 4.75% this week, rising to $113,384…
Julius AI, a startup that describes itself as an AI data analyst, announced it has raised a $10 million seed round led by Bessemer Venture Partners. Horizon VC, 8VC, Y Combinator, the AI Grant accelerator participated in the round along with several high-profile angel investors, including Perplexity CEO Aravind Srinivas, Vercel CEO Guillermo Rauch, and…
Key takeaways: Bitcoin’s monthly outflow/inflow ratio has dropped to 0.9, signaling renewed long-term confidence and accumulation. Despite aggressive short-side pressure on Binance derivatives, BTC has remained in a tight range between $100,000 and $110,000. Over 19,400 BTC were moved into institutional wallets, indicating strategic positioning by long-term holders. After breaking above the $100,000 level on…
The data industry is on the verge of a drastic transformation. The market is consolidating. And if the deal flow in the past two months is any indicator — with Databricks buying Neon for $1 billion and Salesforce snapping up cloud management firm Informatica for $8 billion — momentum is building for more. The acquired…
County regulators yesterday granted xAI permits to operate 15 natural gas turbines at its data center outside Memphis, despite the threat of a lawsuit. Elon Musk’s AI company has been operating as many as 35 generators without permits, the Southern Environmental Law Center (SELC) said. Altogether, they’re capable of producing up to 421 megawatts of…
Vast Data, which offers an AI-friendly data storage platform, is in the market to raise a new round at a giant leap in valuation. Earlier this year, the nine-year-old company was seeking a valuation of around $25 billion, according to a person familiar with the deal. Should it achieve that, it would be a massive…
OpenAI is poised to help develop a staggering 5-gigawatt data center campus in Abu Dhabi, positioning the company as a primary anchor tenant in what could become one of the world’s largest AI infrastructure projects, according to a new Bloomberg report. The facility would reportedly span an astonishing 10 square miles and consume power equivalent…
Meta’s building a new AI data center so massive in Louisiana that the local utility company has plans to construct three new gas-fired power plants to provide it with enough electricity. Now, advocates and lawmakers are pressing Meta for answers about how it’ll clean up pollution stemming from the data center’s energy consumption. Sen. Sheldon…
Every month, a group of Indigenous scientists from around the world gathers on Zoom. They never have an agenda. They meet as colleagues to catch up and commiserate about the challenges of being Indigenous in Western academia. Their February meeting, however, quickly struck a different tone. “There was this cascade that started happening,” recalled Max…