OneLiners
Cost of Building AI Data Centers in the US Rises by 50%
In recent years, the average cost of constructing AI data centers in the US has increased from approximately $8 million per megawatt of capacity to $11.5-12 million. Core Scientific CEO Adam Sullivan attributed this primarily to rising labor costs, equipment shortages, and stricter technical requirements. Despite the worsening business economics, he believes that deals for creating large-scale data centers from the design stage will be made with a margin of 12-14%.SEC Sues Over $12.3 Million Crypto Scheme Involving Fake AI Bots
SEC charged Privvy Investments founder Nathan Fuller with orchestrating a $12.3 million fraudulent scheme. The entrepreneur attracted funds from about 150 investors, promising returns of up to 100% through arbitrage trading with AI bots that did not function properly. Fuller misappropriated at least $6.2 million and used $5.5 million for payouts in a Ponzi scheme.US Seizes $1 Billion in Cryptocurrency Linked to Iran
The US authorities announced the seizure of approximately $1 billion in crypto assets, allegedly connected to Iranian entities. The confiscation is part of a campaign to intensify sanctions and combat the use of digital currencies to circumvent restrictions.University of Tennessee Launches K-Quantum Accelerator
The University of Tennessee, Knoxville has announced the launch of the K-Quantum accelerator in conjunction with the $43 million Tennessee Quantum Initiative. The project includes Oak Ridge National Laboratory, Tennessee Valley Authority, CGI, and IonQ, with goals to establish a quantum factory, a hybrid computing node, and infrastructure for the commercialization of developments.We use cookies to improve the quality of our service.
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