Google has signed the world’s first corporate agreement to purchase nuclear energy from several small modular reactors (SMRs) developed by Kairos Power.
TeraWulf, a leading player in digital infrastructure, has finalized the sale of its 25% stake in the Nautilus joint venture to Talen Energy Corporation, netting $92 million.
Japanese company Agile Energy X started using surplus renewable energy for Bitcoin mining. According to company president Kenji Tateiwa, this initiative will help balance supply and demand in the energy grid while boosting the popularity of green energy sources.
Exaion, a subsidiary of France's state-owned energy corporation EDF Group, has joined the blockchain Chiliz as a validator. This partnership is designed to enhance technological infrastructure through the expertise of a traditional company and to push the cryptocurrency industry towards ecological sustainability.
Cryptocurrencies, primarily due to their mining processes, are projected to boost their energy consumption by at least 40% within the next two years. Concurrently, the energy expenditure for AI apps is set to increase tenfold. These findings come from the International Energy Agency's recent report.
Several Japanese companies are gearing up to introduce DCJPY, a digital currency pegged to the Japanese yen, aimed at facilitating transactions involving clean energy certificates.
At the World Economic Forum in Davos, OpenAI's CEO Sam Altman highlighted the urgent need for a significant energy breakthrough to sustain the development of artificial intelligence (AI).
In the Argentine Congress, a novel legislative proposal has been tabled, encompassing a suite of reforms in taxation, labor, energy, and more, with some measures specifically addressing cryptocurrency regulation.
