Search results for Kentucky
Crypto
TeraWulf signs 20-year deal with Anthropic in bet on AI data centre
Bitcoin mining company TeraWulf signed a 20-year lease with Anthropic to rent an AI data centre campus in Hodgenville, Kentucky, and expects about $19 billion in revenue from the deal. The facility at TeraWulf’s Justified Data site is expected to support about 401 megawatts of computing capacity, with phase one set for the second half of 2027 and full capacity planned by early 2028. Mining stocks rose after the announcement.
Industry
Automakers shift from batteries to drones and robots in AI era
Global automakers are accelerating moves into new businesses that draw on advanced manufacturing as they seek to offset weak demand. Tesla has positioned itself as an AI company focused on robotaxis and its Optimus humanoid robot, while Hyundai Motor acquired Boston Dynamics. GM plans sodium-ion batteries for grid and data-center storage with Peak Energy. Ford is building U.S. plants for large stationary storage systems. Renault is making drones, and BYD and other Chinese EV makers are developing humanoid robots.
Crypto
U.S. senators press to stop CFTC encroachment on state oversight of prediction markets
Seventeen Democratic U.S. senators asked the Senate to prevent the Commodity Futures Trading Commission from using federal funds for lawsuits involving prediction markets. They urged appropriators to block spending on litigation against state gaming regulators. The lawmakers said Chairman Michael Selig is asserting exclusive CFTC authority and infringing on state powers by treating event contracts as swaps. They warned the approach could let online prediction markets bypass state consumer protection and oversight.
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Crypto
World Cup boosts prediction markets; 60 percent of new Polymarket users are first-time crypto users
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Mobility
Ford begins first U.S. production of LFP battery cells, to fit in $30,000 electric pickup in 2027
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Crypto
Bitcoin slides despite U.S. stock market records as miners shift to AI and crypto bills stall
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Crypto
TeraWulf secures data centre site to expand AI and HPC in U.S. Kentucky
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Crypto
Bitcoin miners surge on AI infrastructure boom, spotlighting power assets
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Crypto
Alcoa nears sale of idled New York smelter site in bitcoin mining talks
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Industry
Ford CEO calls for blocking Chinese EVs from U.S. market
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Industry
Battery recycler Ascend Elements files for bankruptcy protection
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AI & Enterprise
SoftBank to invest $33 billion to build huge gas power plant in United States
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Industry
Sungsung ST to expand electric vehicle parts production in Europe
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Industry
SK On posts 4,414 billion won Q4 operating loss, widens 133 percent
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Industry
Yeo Han-koo steps up push to resolve trade issues at Davos forum