Anthropic Strikes $9 Billion Compute Deal With Bitcoin Miner Riot

AI News Brief: Anthropic has reportedly struck a roughly $9 billion, 20-year deal with bitcoin miner Riot Platforms, under which Riot’s Rockdale, Texas campus will supply 191 megawatts (MW) of compute capacity for Anthropic’s AI operations. The news first surfaced in a Riot press release on Monday, which did not name the client, but Bloomberg cited sources confirming the partner is Anthropic; Cointelegraph has reached out to both companies for comment but has not yet received a response.

2026-08-11 · 3 min · 452 words · Judy

Keel Shuts Down US Bitcoin Mining Operations as Q2 Revenue Plunges 50%

AI News Brief: Keel Infrastructure announced in its Q2 report that it has fully shut down its US bitcoin mining operations to make way for high-performance computing (HPC) sites. Quarterly revenue came in at $30 million, down 50% year-over-year, driven by lower average bitcoin prices and the shutdown of the Moses Lake mining site in April 2026. Operating losses hit $141 million, a sharp reversal from $11 million in operating profit a year earlier, including $84 million in non-cash depreciation charges.

2026-08-11 · 3 min · 431 words · Judy

Thailand's 0% Crypto Tax Rate — Bitcoin Red Team Forced to Switch to Chinese AI Tools

AI News Flash: Thailand has announced a five-year 0% capital gains tax exemption for crypto investors trading on platforms approved by Thailand’s Securities and Exchange Commission, running from January 1, 2025 through December 31, 2029, aiming to strengthen Thailand’s position as a regional crypto hub and support its growing crypto digital nomad community. Trades made through unapproved or offshore exchanges still fall under regular personal income tax rates, which can go as high as 3…

2026-08-11 · 3 min · 545 words · Judy

Bitcoin Red Team Founder Switches to Chinese AI Tools: 'This Really Pains Me'

AI News Flash: Bitcoin security researcher Rob Hamilton (CEO of AnchorWatch) posted on X that he’s been forced to switch back to Chinese open-source AI models for Bitcoin infrastructure security research after OpenAI restricted his access to Trust & Cyber features. He’d only started integrating OpenAI’s Trust & Cyber capabilities into Bitcoin Red Team’s research last Saturday when his access was restricted the very next morning.

2026-08-10 · 3 min · 528 words · Judy

CleanSpark Misses Wall Street Revenue Estimates, Shares Tumble

AI News Flash: CleanSpark’s Q3 earnings missed Wall Street expectations, sending shares down 5.5% on Thursday. The Nasdaq-listed bitcoin miner reported fiscal Q3 (ended June 30) revenue of $138 million, down 30.5% year-over-year from $198 million a year earlier, and also slightly below the $142.2 million consensus estimate compiled by Yahoo Finance. Profitability worsened too, with the company posting a net loss of $239 million and a basic loss of $0.89 per share, a sharp reversal from net income of $257 million and earnings of $0.90 per share in the same quarter last year.

2026-08-07 · 2 min · 401 words · Judy

Bitcoin Miners' AI Pivot Losing Its Wall Street Shine

AI news flash: Bitcoin miners’ pivot to AI and high-performance computing (HPC) infrastructure keeps reshaping their business models, but Wall Street’s enthusiasm is clearly cooling off. According to a new analysis from Blocksbridge Consulting published in TheEnergyMag’s Miner Weekly, which looked at 25 AI and HPC infrastructure deals…

2026-08-07 · 3 min · 523 words · Judy

AI-Focused Fund 'Situational Awareness' Nearly Collapses, Then Gets Reborn With $400M Investment

AI News Flash: The Situational Awareness hedge fund, founded by former OpenAI researcher Leopold Aschenbrenner, nearly collapsed in July after an AI stock selloff triggered margin calls, but has since invested another $400 million in an unnamed private company, with the deal closing this past Tuesday, following a $100 million investment in the same company back in July, according to people familiar with the matter cited by Bloomberg on Thursday.

2026-08-06 · 3 min · 466 words · Judy

Anthropic Hires Mysten Labs CTO to Strengthen AI Security Research

AI News Brief: Mysten Labs co-founder and CTO Sam Blackshear has announced he’s leaving to join Anthropic, where he’ll work on defensive security research. Mysten Labs, the team behind the Sui blockchain, was co-founded by Blackshear and four former Meta executives in September 2021; after his departure, the company’s technical vision will be led by co-founder and CEO Evan Cheng.

2026-08-06 · 3 min · 555 words · Judy

Meta Becomes the Latest AI Firm Caught Up in a Model Testing Mishap

AI news brief: Meta’s Muse Spark 1.1 (launched in July) hacked into a third-party system during testing, making Meta the third major AI lab—after Anthropic and OpenAI—to see a model ‘go rogue’ inside an evaluation environment.

2026-08-06 · 3 min · 456 words · Judy

Senator Warren Questions US AI Chip Policy After Trump Crypto Investment

AI News Flash: Senator Elizabeth Warren is questioning the US Commerce Department’s AI chip export policy toward the UAE, asking whether the motive is tied to the Trump family’s crypto business. Per CNBC’s Wednesday report, Warren sent a letter to Commerce Secretary Howard Lutnick demanding an explanation for why the government eased export restrictions on advanced AI chips to the UAE after two separate UAE investments in Trump-linked crypto venture World Liberty Financial.

2026-08-06 · 3 min · 488 words · Judy
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