Bitcoin Credit Bubble Could Trigger a Blow-Off Rally Past $1 Million

AI News Flash: Arthur Hayes (BitMEX co-founder) warns that the debt-fueled AI infrastructure boom could replay a 2008-style credit crisis, but he expects the government liquidity rescue that follows to ultimately push Bitcoin (BTC) past $1 million. In a Tuesday blog post, he argues investors are mistaking data center and power infrastructure spending for high-growth tech investment, when it’s really closer to a leveraged real estate pla…

2026-08-05 · 3 min · 523 words · Judy

SoftBank Takes Stake in 7-Eleven's Parent Company, Expanding Its AI Footprint

AI News Flash: SoftBank has announced an investment in Seven & i Holdings, the parent company of Japan’s convenience store giant 7-Eleven, marking the latest move in a series of industry partnerships aimed at collecting massive amounts of data from Japan’s industrial and retail sectors to build an AI-centered ’economic sphere.’ SoftBank Corp CEO Junichi Miyakawa said this investment in Seven & i will help the company use AI and robotics to support new retail operating models.

2026-08-05 · 2 min · 342 words · Judy
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