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Grafa
Cryptocurrency

Crypto miners chase AI as data centre economics shift

  • Hyperscale Data signed a deal to provide 20 megawatts of AI computing capacity, accelerating its shift away from Bitcoin mining. 
  • The agreement could generate more than US$1.2 billion over its initial term, while the company currently holds 726.94 Bitcoin (CRYPTO:BTC) worth about US$45.9 million. 
  • The broader sector faces execution risk as miners convert crypto infrastructure into AI facilities while maintaining access to power, cooling and long-term customers. 
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Grafa
Cryptocurrency

Robinhood listing tests Worldcoin amid fresh scrutiny

  • Robinhood added Worldcoin (CRYPTO:WLD) to its crypto trading platform, expanding retail investor access despite a sharp price decline. 
  • WLD fell nearly 15% to around US$0.53, with a market capitalisation of about US$1.8 billion and 24-hour trading volume exceeding US$383 million.
  • Investors remain focused on governance, token distribution and regulatory concerns surrounding biometric identity systems and token unlock schedules. 
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Bloomberg

AI Deepfake Political Ads Raise Concerns Ahead of Midterms

There is a growing prevalence of AI-generated deepfake political advertisements in the current midterm election cycle, including a deepfake resembling Billie Eilish, and a Texas Senate race ad showing a deepfake of Democrat James Talarico singing about transgender children. Bloomberg News corporate lobbying and influence reporter Emily Birnbaum discusses with hosts of Bloomberg This Weekend David Gura and Christina Ruffini the broader implications for election integrity, especially as the AI industry commits significant funding toward midterm elections.

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