AI news flash: Bitcoin miner Bitdeer announced an expansion of its AI infrastructure investment, signing a long-term data center lease agreement worth up to $4.7 billion over 16 years. Under the deal, Bitdeer will provide 121 megawatts (121MW) of IT computing capacity through its AI data center in Tydal, Norway, to a tenant disclosed only as a subsidiary of Volta Infra.
AI news brief: Anthropic is taking a staged, controlled rollout approach with its most powerful models, arguing that once a new model goes public, attackers could benefit from it faster than defenders can. Delphi Digital researcher Su says that if a new model lets attackers scale up capabilities much faster than defenders, it ends up hurting the whole ecosystem, so a limited testing period helps shrink the potential blast radius.
AI News Flash: Boltz, a service that supports non-custodial, trustless atomic swaps between the Bitcoin mainnet and its Layer networks (like the Lightning Network and Liquid Network), recently announced it’s pausing service after a sharp escalation in AI-assisted hacking attempts. Boltz says attacks have accelerated dramatically over the past few days, and it doesn’t believe this asymmetric attack-defense situation will reverse. The Solana Foundation…
AI News Brief: Citadel acquired most of the public stock portfolio of hedge fund Situational Awareness (founded by former OpenAI researcher Leopold Aschenbrenner) after the fund suffered major losses in July’s AI stock selloff. The fund reportedly lost around 67% in July (per the Wall Street Journal citing investor letters), though the letter noted it was still up about 80% year-to-date, while the Financial Times had previously reported gains of 439% as of the end of June.
AI news brief: Hyperscale Data (formerly Ault Alliance, renamed and repositioned around AI infrastructure in 2024 while keeping its Bitcoin mining operations) announced on Thursday that it sold roughly 100 Bitcoin and secured a Bitcoin-collateralized credit line, with proceeds from both going toward building out its Michigan AI data center. Funds from the Bitcoin sale will go to construction work and procurement of critical infrastructure and long-lead equipment…
AI News Brief: A Bitcoin (BTC) mining stock hedge fund is seeking capital amid an AI stock selloff, the UK’s Financial Times reports. Situational Awareness, a hedge fund founded in 2024 by former OpenAI researcher Leopold Aschenbrenner, has approached investors and lenders for fresh capital after suffering major losses during the recent AI stock selloff. According to the Wall Street Journal, the fund had roughly $20 billion in AUM as of June 8. Citing insiders and a July 24 investor letter, the FT noted the fund also offered some investors the option to buy back portfolio assets, though the size of losses and capital raised were not disclosed. The letter said the fund was up 439% net of fees through June, but the FT pointed out the fund used leverage to amplify positions, which magnified losses during the July AI crash. Aschenbrenner argued the selloff created attractive investment opportunities. Cointelegraph previously reported that the fund made heavy bets on power and data centers supporting AI, including Bitcoin miners pivoting to AI compute. March SEC filings showed the fund held about $1.11 billion across 7 Bitcoin mining stocks, including IREN, Core Scientific, Riot Platforms, and CleanSpark. Aschenbrenner published a series of AGI essays in mid-2024, predicting AGI machines would surpass college graduates’ capabilities by the end of the decade. Cointelegraph reached out to Situational Awareness for comment but had not received a response at the time of publication.
AI news brief: KOSPI triggered circuit breakers for two consecutive days, wiping $620 billion in market cap, mainly because SK Hynix’s Q2 earnings missed analyst expectations (despite record operating profit of 60.54 trillion KRW and 557% YoY growth, still below the 64 trillion KRW consensus). Stock fell another 4% that day, and combined with Tuesday’s drop, SK Hynix and Samsung Electronics together account for nearly half of the Korean index weight. The sell-off was amplified by single-stock leveraged ETFs approved in May…
AI News Flash: This Cointelegraph original summary contains only copyright notice text and does not include any substantive technical details, numbers, or mechanism descriptions about MoonPay’s AI Payment Vault supporting crypto transactions for ChatGPT and Claude. See the original link for details.
AI News Brief: PayPal highlighted stablecoins and AI-driven payment tools as strategic priorities in its Q2 2026 earnings, while crypto assets continue to factor into its profit adjustments. The company posted EPS of $1.26 for the quarter, down from $1.30 in the same period last year and below analyst estimates of $1.28; revenue reached $8.68 billion, up from $8.29 billion year-over-year and beating the $8.47 billion consensus. …
AI News Brief: Core Scientific’s Q2 revenue more than doubled YoY from $78.6M to $164.2M, driven by rapid expansion of AI and HPC colocation business, while bitcoin mining’s share keeps shrinking. Colocation revenue surged from $10.6M to $136.7M YoY, lifting gross profit from $5M to $70M, but a $1.215B non-cash loss from warrant revaluation pushed the company to a $1.15B net loss.