Plan backed by Shark Tank’s Kevin O’Leary had footprint reduced but concerns remain over its health impacts
Utah residents have teamed up with a progressive non-profit organization to sue over an under-development AI datacenter backed by celebrity investor Kevin O’Leary, claiming the planned Stratos project facility “irrevocably” cuts off citizens’ rights by not allowing sufficient public input.
Filed by the Alliance for a Better Utah and five unnamed residents of the Box Elder county area where the center is being developed, the lawsuit comes as Shark Tank co-host O’Leary agreed to scale back the physical footprint for the project.
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Kevin O'Leary agreed to halve the size of his planned 40,000-acre data center in Utah amid mounting pressure from residents and activists, as reported earlier by local affiliate ABC4. The Shark Tank star sent a letter to Utah Senate President J. Stuart Adams on Thursday, saying that he will remove 19,430 acres from the project, located in and around the Locomotive Springs Waterfowl Management Area.
The change comes just days after Adams called on O'Leary to slash the size of his Project Stratos data center by 75 percent, which would reduce it to about 10,000 acres. Adams also asked O'Leary to implement technology that minimizes water consum …
Read the full story at The Verge.
Kevin O’Leary spotlights Zero Knowledge Proof, drawing investor attention to its potential as global infrastructure. When Kevin O’Leary speaks publicly about a project, the crypto world pays attention. Not because he is always right. But because the man who built…
A clear overview of Stratos: what it is, the problem it addresses, how the token works, ecosystem context, and key risks for users and investors.
The post Stratos Token Explained: Network Purpose, Token Utility, And Risks appeared first on BiteMyCoin.
AI's rapid rise could trigger economic depression by 2028, reshaping industries and job markets worldwide.
The post Kevin O’Leary: AI could trigger economic depression by 2028, the role of technology in driving innovation, and the impact of Chinese interference on US power projects | The Diary of a CEO appeared first on Crypto Briefing.
We kicked off our new weekly series This Week in AI on Monday, and we covered a lot of ground in 30 minutes, including an AI model that found security holes faster than decades of human auditing, a data center in Utah the size of two Manhattans, and a practical argument for why the harness […]
Millionaire businessman Kevin O’Leary has indicated that stablecoins are more valuable than Bitcoin because of their role in the global financial system. He also highlighted the “big opportunity” as one of the layer-1 networks could be the biggest beneficiary of traditional finance (TradFi) firms moving on-chain. Kevin O’Leary Praises Stablecoins Over Bitcoin In an X post, Kevin O’Leary shared a FOX interview in which he praised stablecoins over Bitcoin. He described BTC as a speculative asset whose price fluctuates due to its volatility. Meanwhile, the businessman called stablecoins an interesting product in financial services, noting that they are valuable because they are backed by U.S. Treasury bills. Related Reading: The Bitcoin Playbook To Know: Step 4 Says A Crash Is Coming, But Where’s The Bottom? O’Leary further remarked that the “beauty” of these stablecoins is that one can transfer them in seconds, not days. As such, he explained how these stablecoins top the current payme
Utah may host one of the world's most colossal data centers, despite stark warnings from experts and fierce public backlash. Earlier this month, commissioners in Box Elder County signed off on the Stratos Project: a 40,000-acre data center stretching across the county's Hansel Valley. It's supposed to establish American AI dominance, but potentially at the expense of environmental damage and a strain on already overtaxed water supplies.
The Stratos Project, backed by Shark Tank investor and venture capitalist Kevin O'Leary, is projected to be more than twice the size of Manhattan and consume 9GW of power - almost double the state's peak ele …
Read the full story at The Verge.