May 7, 2025

artificial intelligence

Crypto

WIN bill aims to boost cryptocurrency business, education in Wisconsin

Trump signs order establishing strategic Bitcoin reserve President Trump signed an order Thursday to create a federal Strategic Bitcoin Reserve, signaling new federal support for cryptocurrency in general and Bitcoin in particular. Scripps News Could Wisconsin become a cryptocurrency hub? A proposed bill authored by state Sen. Dora Drake, a Democrat from Milwaukee, announced last

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Investment

AI data center investment slows amid economic uncertainty

Let’s go back to the beginning of the year here for a moment. (I hear you and your 401(k) eagerly nodding yes.) Back then, all the big tech companies, including Meta, Amazon, Alphabet and Microsoft, were still planning on spending unfathomable gobs of money on artificial intelligence, and specifically unfathomable gobs of money on AI

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Finance

The Funders And Founders Moving Money Into The Future

This year’s honorees aren’t inheriting the financial system. They’re building the infrastructure for what comes next. By Leo Schoenberger, Hannah Hall and Moya Johnson Let’s face it—compliance is boring. But to Lisa Gradow, it’s an exciting target begging for some AI magic. Sure, billion-dollar AI companies like ChatGPT can handle the paperwork, but the software

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Crypto

West Texas Helios facility leased to Nvidia-backed CrowdWeave

Google hopes users harness power of AI to protect against cybercriminals Google is reportedly testing a new AI feature to generate passwords for compromised accounts through artificial intelligence. Straight Arrow News A major shift is beginning in Dickens County, with a highly touted cryptocurrency mining operation taking steps to become a more expansive data center.

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Funds

China to attract more private-equity funds from Middle East, US, Bain & Co says

Private-equity investments in China could be on a stronger recovery path, bolstered by increased capital from the Middle East and adaptive strategies from US funds, according to Bain & Company. “A positive momentum for China could lead to a more positive outlook already in 2025 and 2026,” Sebastien Lamy, co-leader of the Asia-Pacific private-equity practice

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Investors

Federal Reserve says it’s in ‘no rush’ to adjust monetary policy

Benzinga  |  Detroit Free Press Wall Street remained on edge as investors adopted a cautious stance amid an increasingly uncertain economic outlook this past week. At its March meeting, the Federal Reserve kept interest rates unchanged at 4.25%-4.50%, signaling “no rush” to adjust its monetary policy.   Yet, the central bank’s latest economic projections painted a

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Investment

SSA head’s 3-month plan touts workforce reductions while calling for identity and AI investment

The acting leadership of the Social Security Administration, Leland Dudek, wants the agency to ramp up identity proofing and leverage more artificial intelligence, he told staff in an email Tuesday outlining a three-month plan for the agency.  Dudek has been leading the agency since mid-February, when he was installed after the previous acting leadership left

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Investors

Why Investors Back Sustainable Data Centres

01 October 2024, Baden-Württemberg, Ehningen: A model of a suspension of the quantum chip of a … [+] Quantum System Two quantum computer is on display at the opening of the first quantum data center of the computer company IBM. Photo: Marijan Murat/dpa (Photo by Marijan Murat/picture alliance via Getty Images) dpa/picture alliance via Getty

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Investment

Tencent’s AI investment to drive long-term growth, analysts say, amid DeepSeek integration

Tencent Holdings is poised for “long-term growth” from its aggressive spending on artificial intelligence (AI) as China’s most valuable tech giant aligns its future with DeepSeek and in-house models, according to analysts. Tencent chairman and CEO Pony Ma Huateng said on Wednesday that he had talked with Liang Wenfeng, the founder of DeepSeek, and “admires”

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Banking

Goldman Sachs Mentions Crypto in Shareholder Letter, Says Tech Raising Competition in Banking Industry

The financial services giant Goldman Sachs is telling shareholders that its competitors are now offering crypto products and services that the bank doesn’t. In its 2024 Annual Report, Goldman Sachs says in some circumstances, rival firms are offering products that clients may prefer, such as specific digital assets, which Goldman cannot or choose not to

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