Search results for Vermont
Crypto
AI slowdown view hides financial risks? Arthur Hayes says it could benefit bitcoin
BitMEX co-founder Arthur Hayes said moves by major AI companies to slow development may reflect profitability pressures rather than safety concerns. He argued AI-related debt is tied to large amounts of financial assets and that weakening computing demand could hit data centre values and associated credit, with insurers a potential weak link. Hayes said government intervention could expand liquidity, which could support bitcoin and other cryptocurrencies. He stressed it remains a personal scenario and is unconfirmed.
Industry
Plug-in solar takes off in U.S., turning apartment balconies into power plants
Small plug-in solar systems that connect to a household power outlet are being legalised across the United States, lowering barriers for residential solar adoption. The system links a small panel with a microinverter to supply power at home and can add a battery for nighttime use or emergency backup during outages. Compared with rooftop solar, plug-in products cost far less and can be installed by consumers. Several states have set rules, while bills in California and New York await signatures.
AI & Enterprise
AI promo posts trigger backlash as Vermont bagel shop hit with one-star reviews
A bagel shop in Burlington, Vermont, drew customer backlash after posting social media promotions made with AI. Myer\'s Bagels used AI-edited composite images and rewritten review copy, but customers said the posts did not match the store\'s real appearance. Two posts drew about 25 to 30 comments each, and some customers left one-star ratings on Google. The owner deleted the posts, apologised and said the shop would adjust its marketing based on customer response.
