The "promising company" mentioned by Musk has reached a major agreement! Together with partners, they will build a giant AI datacenter.

Goodbye bitcoin, hello AI! Digital currency miners continue to send this signal. Technology company Lancium and one of the largest bitcoin mining companies in the USA, Crusoe Energy Systems, announced a deal worth billions of dollars on Thursday morning. The plan is to build a 200-megawatt datacenter in the suburbs of Houston, Texas, USA, and this is just the first phase of a larger 1.2 gigawatt datacenter construction plan.

wallstreetcnJul 18 14:28 ET

The number of listed cryptocurrencies on major exchanges has exceeded the total amount in 2023.

CCData, a cryptos market data provider, found that different exchanges have different strategies. Since early 2023, the number of new tokens listed on Bybit has increased by 83% in exchanges with high trading volume. Coinbase, on the other hand, is the most conservative, with an increase of only 8.2% in the number of new tokens listed during the same period.

wallstreetcnJul 18 00:55 ET

Bitcoin, Ethereum, Dogecoin In Full Meltdown As Mt.Gox Moves $2.7B To New Wallet: King Crypto Decline To $51K Feared By Analyst

The cryptocurrency market bled profusely Thursday, as investors shuddered about the movement of billions of Bitcoin (CRYPTO: BTC) ahead of a probable sell-off.

BenzingaJul 4 22:28 ET

Lenovo's "full stack AI" strategy is first revealed in the Hyper racing track.

How will Lenovo, with the help of AI technology, change?

wallstreetcnJul 2 21:27 ET

Circuit Hyper | Saudi financier: throwing money on Chinese technology companies twice in three months

Author: Zhou Yuan/Wall Street News On May 29, Lenovo Group announced that it has reached a strategic cooperation framework agreement and bond subscription agreement with Alat Enet, a company under the Saudi Arabian Public Investment Fund that focuses on transformative technology investment and sustainable manufacturing, with a total value of 2 billion US dollars (approximately RMB 14.5 billion). This strategic cooperation includes Lenovo Group building a new regional headquarters for the Middle East and Africa markets in Riyadh, the capital of Saudi Arabia, and building a new PC and server manufacturing base in the country to serve customers in the region. Since Saudi Arabia released “Vision 2030” in April 2016, Saudi Arabia is moving towards clean energy

wallstreetcnJun 2 21:53 ET

Ether ETFs Inch Closer to US Approval, London Launces Crypto ETNs

As the SEC paves the way for Ether ETFs and the London Stock Exchange debuted a batch of ETNs linked to Bitcoin and Ether. Bloomberg's Emily Graffeo and Emily Nicolle have the story.

BloombergMay 28 23:55 ET