Keel Infrastructure has decommissioned all US Bitcoin mining operations and sold holdings to pivot toward high-performance computing, reporting a $30 million second-quarter revenue.
Chinese internet giants like Kuaishou are increasingly designing proprietary chips to gain control over computing infrastructure amid rising AI workloads and geopolitical tensions. Kuaishou's chip spin-off, TranStreams, recently raised significant funding, highlighting investor confidence in the sector.
Elon Musk suggested Earth's physical constraints like energy and infrastructure could limit AI growth. He proposed the Moon as a location for AI data centers, citing its lack of atmosphere and lower gravity, and also discussed future potential for Mars.
China's top leadership has pledged a holistic approach to responding to external economic shocks and safeguarding energy security following a Politburo meeting. The Communist Party body, led by President Xi Jinping, committed to advancing water, power and computing infrastructure projects while accelerating major projects ready to break ground, as fallout from US-Israel conflict with Iran continues impacting the global economy.
