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Amazon Employees Back Seattle Data Center Moratorium

Amazon employees are among dozens of residents and tech workers supporting a one-year moratorium on new data centers, which the Seattle City Council is set to consider. According to The Verge, over the past two months, five large facilities have been proposed in the city by four unnamed companies, with a combined maximum demand of 369 MW—about a third of Seattle's average daily energy consumption and roughly 10 times the usage of 30 existing data centers.

Strategy to Distribute STRC Dividends Bi-Monthly

Shareholders of Strategy have approved a change in the dividend distribution schedule for STRC from a monthly to a bi-monthly basis. Payments will be made on the 15th and the last day of each month. The first payout under the new system is scheduled for June 15.

Study Reveals Businesses Unprepared for Increasing AI Demands

Only 29% of large companies believe their infrastructure can scale to meet growing AI demands, according to a study by Tata Communications and Bloomberg Media Studios. The survey included 501 senior executives from firms with revenues of $500 million or more in North America, Europe, and Asia. Despite this, 77% of executives consider AI a board-level priority, while 65% of companies still rely on outdated or developing infrastructure.

Ethereum Outpaces Bitcoin in Daily Growth

In the past 24 hours, Bitcoin rose by 0.6%, while Ethereum increased by 1.4%. The leading cryptocurrency traded within the range of $62,408–$64,200, closing the period in the middle of this corridor, whereas ETH moved between $1,645 and $1,714.5.
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