Search results for APR
Industry
SpaceX to delay removal of unpermitted xAI gas turbines, operate until July 2027
SpaceX says it will remove by July 2027 unpermitted gas turbines it is operating to supply power to xAI’s Colossus data centre near Memphis and transition to a 1.2-gigawatt permanent natural gas power plant. The turbines have drawn allegations of environmental violations and lawsuits filed by the NAACP and the Southern Environmental Law Center. SpaceX says the trailer-mounted units are not subject to permits, but federal rules assess permits based on scale and use.
AI & Enterprise
Musk\'s xAI wins final approval for APR Energy acquisition to secure power for AI
Elon Musk has acquired mobile power equipment company APR Energy to secure electricity for xAI data centres needed to run the Grok AI service, the article said. The deal was cleared after the U.S. Federal Trade Commission ended its merger review early, allowing approval without additional antitrust scrutiny. The purchase has drawn attention as xAI relies on gas turbines at its Memphis supercomputer site and faces environmental lawsuits and regulatory scrutiny over emissions and permitting.
Crypto
XRP collateral loans draw interest, analyst highlights key risks
Demand among XRP holders to borrow cash using tokens as collateral is rising again, prompting warnings to weigh risks before taking loans. XRP analyst Jack Lektor said crypto collateral lending is not risk-free and can amplify losses as well as gains. He cited price volatility, margin calls and forced liquidation, and urged conservative loan-to-value levels. He also flagged loan costs, liquidation policies and how platforms manage deposited XRP, including rehypothecation risks.
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Crypto
Kross launches Mainnet 2.0, switches to PoSA and expands AI infrastructure
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Industry
Cafe24 to supply PRO service to APR\'s Medicube
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Crypto
Korbit links CROSSx wallet whitelist, simplifies Cross withdrawals
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Games & Commerce
APR steps up U.S. offline retail expansion
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Crypto
Which crypto tokens could lead the next rally? 10 1,000x candidates for 2026
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Games & Commerce
APR steps up hiring to internalise beauty tech
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Crypto
Ethereum whale places $90.8 million leveraged long bet, boosting hopes of ETH return to $3,000
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Crypto
Lido\'s 2025 revenue falls 23 percent on outflows and lower yields
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Industry
APR enters India after U.S., Japan and Europe, with different strategies by country in focus
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Games & Commerce
APR says Medicube\'s AGR app hits 1.5 million global cumulative downloads
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Finance
IBK Bank supplies 2.5 trillion won in venture capital over three years