Virginia cracks down on electricity firms hiking prices for AI data centers — move could save ‘hundreds of millions of dollars’ for everyday users
Virginia now requires data centers to fund their own dedicated power infrastructure, aiming to shield ordinary residents from rising electricity costs. [...]
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Marble enters the race to bring AI to tax work, armed with $9 million and a free research tool
Marble, a startup building artificial intelligence agents for tax professionals, has raised $9 million in seed funding as the accounting industry grapples with a deepening labor shortage and mounting [...]
Kuwait cracks down on crypto miners to cut down on electricity usage
Kuwait is cracking down on cryptocurrency miners throughout the country, as reported by Reuters. Officials have blamed the practice for blackouts and for causing stress on its power grid. The country [...]
Ascentra Labs raises $2 million to help consultants use AI instead of all-night Excel marathons
While artificial intelligence has stormed into law firms and accounting practices with billion-dollar startups like Harvey leading the charge, the global consulting industry—a $250 billion behemothâ [...]
Google to invest $9 billion in Virginia data centers for cloud and AI expansion
Google will invest an additional $9 billion in expanding its cloud and AI infrastructure in Virginia by 2026.<br /> The article Google to invest $9 billion in Virginia data centers for cloud and [...]
Orbital AI data centers could work, but they might ruin Earth in the process
At the start of the month, Elon Musk announced that two of his companies — SpaceX and xAI — were merging, and would jointly launch a constellation of 1 million satellites to operate as orbital d [...]
Alembic melted GPUs chasing causal A.I. — now it's running one of the fastest supercomputers in the world
Alembic Technologies has raised $145 million in Series B and growth funding at a valuation 13 times higher than its previous round, betting that the next competitive advantage in artificial intelligen [...]