The Guardian AI·
Nor is the dreamy promise that this tech will unlock boundless potential and productivity Everything we hear about artificial intelligence is conflicting, and hearing about it feels inescapable. AI is terrible. AI is wonderful. It will break the world. It will transform the future. It’s essential to embrace it. It’s a moral imperative to abstain from using it. Already, AI is projected to generate nearly unfathomable amounts of revenue. In the last quarter of 2025, it represented nearly 60% of the growth in the US economy. Already, pundits and economists wring their hands about what calamity will befall us if and when the AI bubble bursts. Continue reading...
Read full articleThe SpaceX IPO underscores the growing synergy between wealth management and capital markets, enhancing banks' revenue and client relations. The post JPMorgan highlights potential gains for banks from SpaceX IPO appeared first on Crypto Briefing.
Amazon's water usage disclosure may drive industry-wide transparency, influencing ESG investments and highlighting regional water stress risks. The post Amazon withdraws 2.5 billion gallons of water for data centers in 2025 appeared first on Crypto Briefing.
Just after Seattle enacted a one-year data center moratorium that some of Amazon's own employees pushed for, Amazon shared how much water its data centers use, reportedly for the first time. With concerns about water consumption and energy use a focus of new AI data center construction debates, Amazon says its global data center operations consumed 2.5 billion gallons of water in 2025 at a rate of 0.12 liters per kilowatt-hour of electricity, dropping by two percent from its 2024 total even as it expanded operations. Amazon also claims it's using water more efficiently than some Big Tech rivals - this graphic in Amazon's report points to M … Read the full story at The Verge.
Short squeezes and $11 million liquidations fueled the rapid Audiera (BEAT) price spike. Weekly burns and $2.9 million revenue added strong narrative support. $7.50 support is key, break below risks move toward $6 or lower. Audiera (BEAT) has become one of the most talked-about tokens in the digital asset market after recording an explosive move […] The post What is Audiera (BEAT) and why has its price surged more than 1400% in a month? appeared first on CoinJournal.
Along with Bitcoin’s price drop to $62,000, on-chain activity has been poor and revenue for BTC miners have hit an all-time low. Given that Bitcoin is still controlled by miners and mining pools, which controls more than $110 billion, this income loss is making investors anxious about possible sell pressure. Just
Oracle has reported stronger fiscal fourth-quarter earnings and revenue than analysts expected. The company also raised its full-year profit outlook, while keeping its fiscal 2027 revenue target unchanged. However, Oracle shares fell 5% in extended trading after the company detailed…
TRM Labs said onchain gambling reached $51 billion in 2025, with repeat users and stablecoin flows helping the sector remain resilient during a broader crypto market pullback.
TSMC's revenue surge highlights AI's dominance in chip demand, potentially sidelining smaller sectors like crypto mining, affecting market dynamics. The post Taiwan Semiconductor reports $13.2B revenue in May, up 30% year-over-year appeared first on Crypto Briefing.
