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AI & Enterprise

Prentis seeks $100 million funding at $1 billion valuation to automate computer office work

Prentis is negotiating to raise $100 million based on a $1 billion valuation, TechCrunch reported. The company says it is developing AI agents that handle repetitive office work directly on computers by learning employees’ routine workflows across documents and business systems. It aims to automate tasks such as insurance claims and customs refund exception handling. TechCrunch said Prentis has signed contracts worth up to $50 million with several customers.

AI & Enterprise

Wyoming implements executive order to attract AI data centres, pledges protections for water use and residential power rates

Wyoming has issued an executive order to support development of AI data centres and advanced computing facilities, setting a consistent statewide framework for permits, reviews, regulation and support. The order links efforts to attract investment with principles covering water use, environmental sustainability, workforce development and protections for residential electricity consumers. It comes a day after U.S. President Donald Trump signed an order to promote advanced AI technology for national security purposes.

Crypto

TeraWulf secures data centre site to expand AI and HPC in U.S. Kentucky

Bitcoin mining company TeraWulf has acquired a data centre development site in Kentucky and is accelerating an expansion into artificial intelligence and high-performance computing. The site is designed to support more than 1 gigawatt of AI and HPC capacity over the long term. TeraWulf plans to operate 500 megawatts by 2028 and secure another 500 MW by 2030. The site includes grid infrastructure planning and long-term power contracts.