The Bitcoin Miners AI Pivot: $1.5 Billion in Retired Rigs and a Race for Grid Power
Bitcoin miners AI pivot: $1.5B in retired rigs and 56 EH/s shed, as only operators with interconnection and cooling convert hashrate to AI contracts.
Bitcoin miners AI pivot: $1.5B in retired rigs and 56 EH/s shed, as only operators with interconnection and cooling convert hashrate to AI contracts.
AI business roundup: OpenAI nears a $70B run rate, data-center power deals get repriced, and Gartner sees 70% of firms quitting vendor agents.
The Oracle Point Beach nuclear deal would absorb $300M in fuel costs for 1M+ Wisconsin ratepayers, but PSC approval and a delivery delay loom.
AI funding tracker: Cyera's $400M extension, Atlas Energy's $613.5M power deals and ElevenLabs' $22B valuation lead this week's five deals.
The Minneapolis robotaxi ordinance requires a licensed human monitor in the driver's seat, but a 2027 start date and a promised veto leave operators room.
Gartner forecasts 70% of enterprises will abandon vendor-built agentic AI by 2028 as ownership costs and lost maintenance control drive the retreat.
Germany confirms the Tesla FSD EU approval vote moved to December 2026, as eight national clearances leave Europe without one bloc-wide rollout.
Tencent signed an Oracle AI chip lease for about 100,000 advanced accelerators across Southeast Asia, a five-year deal worth roughly $7 billion.
Space Force AI has moved from pilots to daily launch and satellite work, with Gemini, ChatGPT Mil and Grok cleared for sensitive unclassified data.
Global humanoid robot shipments hit nearly 25,000 units in H1 2026, up 432%, as Chinese suppliers captured over 95% of the market and revenue topped $740M.
The Ratepayer Protection Act failed 57-43 in the Senate, leaving AI data-center power costs to state regulators before the midterm recess.
California's No Robo Bosses Act requires human review of AI firings and discipline, with new layoff-notice and surveillance limits for employers.
Nvidia is in early talks with insurers about neocloud AI-chip loan insurance that would cover lenders when pledged GPUs resell below the debt they secure.
Fedorov's Ukraine humanoid robot program targets $10,000 units and a battlefield result in six months, but the cost gap still has no clear funder.
Google's Gemini 4 Argon tops its own benchmarks and lists at $2/$10 per million tokens, but access starts with vetted cyber defenders in Fairwind.